Analyst, Transfer Agency (Finance)

About The Role:

• The Transfer Agency department provides a third party fund administration service to numerous fund management companies covering the full range of shareholder servicing functions including dealing, registration, settlements, distributions, commissions and statements.
• Working as part of a dedicated Reconciliations Team, individual will be responsible for the reconciliation and QA of all TA share dealing/nostro bank accounts on a daily basis.
• Please note this position will require the successful candidate to initially perform tasks in the Transfer Agency Settlement Team for 6 to 9 months, returning to the Reconciliations team permanently following this period.

Principal Responsibilities:

• Responsible for reconciling all assigned accounts accurately and efficiently within relevant deadlines.
• Day to day processing work, quality checks and assurance
• Day to day oversight of processing quality and timelines in Bangalore, seeking appropriate information from local management where required
• Issuing weekly and monthly stats for Senior Management
• Liaise with the other TA partners to monitor and report on the Aged Reconciliation items
• Work queue management/Clearance within relevant deadlines
• Working with other team members to ensure Reconciliations Team Mailbox is kept up to date at all times and that e mails are actioned/filed promptly and within the standard SLD.
• Communicate with other teams within NT and with external parties to ensure all reconciliation breaks are cleared in an efficient and timely manner.
• Attend regular team meetings ensuring all actions assigned to you are completed within agreed timelines.
• Achievement of monthly KPIs in order to keep ASLs to a minimum
• Monitor and assist on the queries and liaise with other departments where necessary
• Assist in the continued process of TQM (total quality management)
• To work with the team, internal departments, Manager and Group projects area on any allocated Client projects.
• Maintain relations with third parties - to include Client, internal relations with other departments and auditors.
• Maintains a close working relationship with other areas, such as Dealing, Registration and Client Services
• Fulfil additional relevant tasks appropriate to the role and business requirements
• Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role.
• Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled.
• Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties
• Forge and maintain relationships with key internal/external stakeholders

Qualifications / Skills / Experience:

• Previous financial services experience is desirable
• Customer Service experience would be an advantage
• Ability to review and resolve complex issues
• Ability to work to deadlines
• Strong planning and organisation skills
• Ability to work on own initiative
• Effective verbal reasoning and numeric skills
• Strong Microsoft Office skills
• Experience in working with Multiple Currencies
• Knowledge and understanding of working within a regulatory Environment

About Northern Trust:

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 18,500 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.

Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.

As of December 31, 2018, Northern Trust Corporation had:

• $10.1 trillion in assets under custody/administration
• $7.6 trillion in assets under custody
• $1.1 trillion in assets under management
• $132 billion in banking assets

For further information, and to apply, please visit our website via the “Apply” button below.