Responsible for processing activities in the Alternative Investments group(s), would include assisting Team Leader in the day to day operations. Acts as a subject matter expert and supports the Team in understanding concepts relating to the process. Responsible for ensuring that the day to day process deliverables are met according to agreed timelines.
Ensures Day to day SLA & Quality parameters are met. Checklists are prepared and submitted to the supervisor on a daily basis
Ability to handle, escalate & resolve queries in a timely manner
Builds a strong depository of the Operations and Domain knowledge in the Team
To actively be involved in creating/ capturing process updates/ workflows pertaining to business & process
To handle small clusters within the team where deliverables of the cluster are monitored
To perform root cause analysis of errors and suggest/ implement controls in consultation with the Supervisor/ Manager
To provide training sessions to new joiners and existing partners in the team
To actively work on identifying and implementing process improvements in consultation with the Supervisor
To initiate and lead Team building activities within the Team
To actively participate in Audits/ BCP exercises and to help the supervisor to ensure awareness in the team
To assist the supervisor/ Manager in conducting Risk/ BCP/ Compliance awareness sessions
The position also requires exception research & resolution
Should be able to multitask and handle pressure situations
Excellent written & oral communication skills
Possesses good communication & analytical skills
Proven ability to build strong relationships with partners on site/ across business lines/ juniors and seniors
A proactive approach to problem solving, taking ownership of issues and having the determination to follow through. Escalate issues as appropriate
A client focused approach
Possesses working knowledge of MS Office
Exposure and understanding of Risk, Audit and Compliance factors
Knowledge of Capital Markets with exposure to Hedge funds/ Private Equity/ Comingled Funds/ Fund of Hedge Funds/ Syndicated Bank Loans
Knowledge on applications like Reflection 5250/3270, TLM/ELM and WCM would be preferred.
Should have in depth knowledge of troubleshooting techniques to resolve exceptions and queries resulting out of processing.
Industry experience of around 2 years in the current role and should be open to working in the shifts.
Prior experience and knowledge of Domestic and Global Transaction Postings.
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of June 30, 2018, Northern Trust Corporation had:
$135 billion in banking assets
$8.1 trillion in assets under custody
$10.7 trillion in assets under custody/administration
$1.1 trillion in assets under management