Consultant, Private Equity

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Role

SME role in performing end to end Accounting transfer agency activities in Private Debt

Performs consulting role as a liaison between Team and key stake holders. Acts as a primary reviewer performing reviews of different activities within the business

Core Competencies and Skills Required

• Understanding of day to day operational activities of trade settlement & private equity.

• Liaison effectively with team members internal groups and external counterparties

• Demonstrate through examples /evidence analytical ability problem solving day-to-day task management and escalation of issues

• Good Accounting and trade settlement trade lifecycle of a private debt knowledge is a must

• Self-starter with the ability to function independently in a fast-paced dynamic and demanding environment.

• Ability to handle multiple tasks under extremely time sensitive conditions.

Major Duties and Key Responsibilities

• Establishes and develops plans that are thorough realistic and effective in meeting goals; Incumbent will be responsible for managing available resources and work allocation.

• Responsible for maintaining high standard of accuracy and timeliness for all deliverables.

• Shows a sense of urgency; drives to closure; persists despite obstacle; strives to achieve results; pursues challenging goals and works hard to achieve them.

• Must have strong subject matter expertise along with thorough understanding of VPM & WSO application

• Performing quality assurance checks on information received internally from other supporting functions.

• Maintain accounting system reviewing all fund transactions and reclassifications of journals.

• Handling client audit and internal queries and acting as face of the process.

• Coordinate with operational teams internal groups and external counterparties to resolve discrepancies in a timely and efficient manner; also ensure full and proper reporting to the manager of any operational issues.

• Coordinating with the onshore team on Migrations working closely with Managers for on-boarding new transitionsSupport the daily processing for Loan securities including Private Debt loans Direct Lending loans Club loans Broadly syndicated loans (BSLs). E.g. Term Loans Revolvers Delayed Draw Term Loan

• Proactively and accurately identify incoming agent notices; process all life cycle events for portfolios containing multiple asset types.

• Process trade corrections and manage pre-settlement confirmation process for all types of private loan securities including debt equities and bonds traded in international markets.

• Resolve fails with Clients/Loan Agents

• Collaborate with Loan Administrators to interpret problem-solve and to help better understand loan related information to resolve exceptions.

• Communicate clearly and efficiently with agent banks to confirm and obtain loan notices.

• Manage all monthly activities by providing clients with portfolio positions posting transactions and delivering information to Fund Accounting teams.

• Effective investigation and reconciliation of breaks and established escalation process

• Monitor trade capture process and upload trades to the FIS VPM Platform.

• Communicating effectively with internal partners clients and auditors tailoring information to audience as required.

• Create and maintain process flows and control tools to accommodate new business needs.

• Assist managers in business development client specific reporting / analysis request and special projects.

• Act as a back-up for Team Lead and manage the work in his/her absence

Skills / Experience

• Loan administration and private debt financial security instruments experience

• Knowledge / Experience of the Private Debt trade flow

• Knowledge / Experience of FIS VPM application

• Knowledge / Experience of WSO

• Ability to work under pressure and maintain high standards when dealing with tight deadlines high volumes and demanding trading desks and clients.

• Proficiency in Microsoft Excel Teams Outlook PowerPoint.

• Excellent written and oral communication skills

• A team player taking ownership for own role while contributing to wider team efforts.

• Knowledge of custody securities lending prime brokerage market trading practices and position processing treatment

Education and Qualifications:

• Master / Bachelors degree in accounting or finance.

• 7 - 10 years of work experience in a Private Equity / Fund Accounting

• Experience in trade settlement/ Private Debt

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

Must be able to interact and communicate with co-workers in a clear thorough and concise manner. Work environment and physical demands are those normally associated with work either at office or any other location including home including frequent use of the computer and telephone. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential job functions unless those accommodations would impose an undue hardship or constitute a direct threat.

Eligibility

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds 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 .

We hope youre 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.

About Our Pune Office

The Northern Trust Pune office established in 2016 is now home to over 3000 employees. The office handles various functions including Operations for Asset Servicing and Wealth Management as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to 2024 they volunteered more than 10000 hours into the communities where they live and work. Learn more.