Hedge Fund Services - Bengaluru, India - Northern Trust Corp.

Northern Trust Corp.

Verified Company

Bengaluru, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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.

HEDGE FUND SERVICES- FINANCIAL CONTROL REVIEW

We have multiple opening at Associate Consultant, Consultant & Sr Consultant level. Core end to end NAV experience is mandatory.
Founded in Chicago in 1889, Northern Trust is one of the world's leading financial institutions. We specialise in providing asset servicing solutions and asset management to both institutional and personal clients.

The delivery of products and services to this client base is supported through a network of offices around the globe.

ROLE

MAJOR DUTIES

Prepare and review NAV packages for hedge as a Fund Administrator
Prepare and review Operating expense schedules and entries
Prepare and review financial statements for funds adhering to the jurisdiction norms
Ensuring deliverables are in adherence to agreed SLAs and SOPs
Should be able to handle critical queries/issues and escalate on a timely manner
Respond quickly and accurately to queries which are highly time sensitive
Develop action plans for resolution of outstanding issues
Liaise effectively and independently with Onshore counterparties to resolve discrepancies in a timely and efficient manner
Should be capable of adding and reviewing various control checks
Prepare and update SOP, training material, checklists, trackers, etc
Understand and minimize risks associated with the process
Ability to work on adhoc activities
Working as SME of the process and should take major accountability from AC's.

ACCOUNTABILITIES

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

SKILLS

Strong knowledge of Financial products like Hedge funds and its underlying investments like Equity, Fixed Income, Derivatives, TRS, REPO, etc.,
Strong accounting knowledge with understanding of journal entries, financial statements, NAV calculation, operating expenses
Exposure to Fund accounting or auditing of financial statements
Selfstarter with the ability to function independently in a fastpaced, dynamic and demanding environment
Strong problem solving skills, detailed and results oriented.
Ability to evaluate priority and multitask with mínimal supervision.
Ability to work effectively with project teams and clients
Proficiency in MS Office (particularly Excel and Word)
Excellent spoken and written English and the ability to write Business correspondence
Ability to address internal and external audiences in a professional manner
Demonstrate high ethical standards
Time management skills

QUALIFICATIONS:

Bachelor's or Master's degree with emphasis in Finance and Accounting, CA/CPA/CMA/CFA is an added advantage
Minimum 410 years of work experience in financial industry with at least 2 years in the Fund Accounting and Reporting Industry
Experience with Hedge Funds, Investment Management and/or Financial Services strongly preferred
Knowledge of accounting principles and procedures, familiarity with financial markets and instruments
Should be flexible for shifts and extended working hours as per business requirements