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Salary About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role/ Department:
A vacancy has arisen in our Private Equity (PE) Operations team. This is a team of who offer a first class service to a large PE client and work as a close team to ensure deliverables are met.
You will be working as a key member within the investor administration team whilst providing additional support to the wider team that administers a large secondary fund client with an active investment portfolio.
Key components of the role include liaising with internal teams and the Investment Advisor, completion of cash management tasks, completion of all aspects of investor administration and dealing with ad-hoc queries as they arise, all within scheduled timeframes and ensuring that all client KPIs are met. This will also include the expectation of achieving signatory status once the probationary period is complete.
The key responsibilities of the role include:
- Providing a premier client service by building strong relationships with the Investment Advisor and any other third parties
- Developing a thorough knowledge of your client and their bespoke requirements with regards to key processes
- Working closely with the client to resolve queries
- Undertaking a daily cash management process in line with a cash management policy and actioning ad-hoc cash management items as and when they arise;
- Processing and self-reviewing FXs, as needed
- Processing invoices on the client’s bespoke system
- Arranging for amendments to loan facilities, as required
- Completion of client monies and bank reconciliations on a monthly basis.
- Completion of the investor transfer process
- Processing investor contact and bank detail updates
- Monitoring of investor audit confirmations
- Monitoring mailboxes, completing tasks assigned by the team leader or other senior team members;
- Attending meetings with directors and writing minutes timely including self-review
- Assisting the client and lawyers with the formation and set-up of special purpose vehicles;
- Adhering to constitutional documentation for ongoing entity operations;
- Ensuring that you comply with all controls and procedures outlined in the procedures manual and general company policies
- To identify efficiencies and areas for improvement to reduce risk and become more efficient
- Working closely with legal/compliance to ensure all funds are in compliance with the relevant regulatory authorities;
Skills/ Qualifications:
The successful candidate will benefit from having:
- Previous experience as a Senior Fund Administrator with a signatory element
- Possess excellent organisation skills with the ability to handle multiple priorities
- Have customer service orientation with a concern for quality;
- Good analytical and problem solving skills
- Initiative to prepare procedures and checklists to assist others
- Ability to set priorities and manage deadlines
- Advanced Excel Skills and knowledge of Investran would be an advantage
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
MyHRHelp@ntrs.com
. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
