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:
To manage and deliver all aspects of the administration and accounting requirements for a wide range of Private Capital Administration clients client which include limited partnerships and companies.
Subject Matter expert
Have a strong technical understanding of the Private Capital Administration accounting and administration processes
Advising on potential accounting issues and current best practises as well as sharing knowledge, expertise and guidance with both the team and the client. Understand complex transactions and opine on extensive cash management procedures for varying entities
Develop / maintain effective channels of communication at all levels
Ensure that effective communication processes are used within your area, consistent with the Company’s communications strategy and standards
Ensure that all members of the team understand those Company / department objectives that are relevant to them, and what they are expected to contribute towards achieving them
Discuss objectives and issues of concern with the team and encourage constructive feedback
For specific client groups lead and co-ordinate the client service team:
Critical background knowledge of entities worked on by Team and in depth understanding of the Alternatives structures mainly around Private Equity, Real Estate, Infrastructure and Private Debt funds
Ensuring that operational arrangements are clearly established at inception of a fund and are regularly updated
Ensuring that documentation, legal and compliance issues are complete
Monitoring and ensuring consistently high standards of service to the client group
Addressing any problems or complaints of the client group clearly and effectively
Dealing with client / NTGS SE procedural issues
Client Communications
To be fully briefed / familiar with the issues which are to be considered at client and board meetings
Attendance and action of day to day communication and Ad hoc meeting
Presenting operational matters to the Board of Directors, when required
General
Has an understanding of Luxembourg legislations as it effects entities under administration especially surrounding the Alternatives Fund structures
Plays a key leadership role and contributes to the management, growth and success of the PE business
Contribute to the management of the department as a whole and keep senior manager informed of significant developments
Work on ad-hoc internal projects and fulfil additional, relevant, tasks appropriate to the role and business requirement
Skills/ Qualifications:The successful candidate will benefit from having:
Knowledge of the administration of Private Equity funds to include structures and the regulatory requirement
Previous management experience and strong leadership skills required
Experience in administration in Funds/Private Equity
Time Management & Organisational skills essential
Effective Communication skills (Verbal & Written) essential
Strong IT skills
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.