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
There is an opportunity for an
“experienced and knowledgeable”
applicant to join the Private Equity team in India. The prime responsibility is to deal with business support, system upgrades and development, small change and major capital projects. This role involves development and support of the Investran and all its ancillary applications used within Private Equity business unit.
MAJOR DUTIES AND RESPOSIBILITIES
- Must have strong subject matter expertise along with thorough understanding of Investran application
- Provide 1st level Production Support for Investran and its ancillary applications, by providing timely resolution for functional and technical queries raised by Private Equity business
- Interact and liaise with technology team and external vendors to resolve functional & technical queries
- Analyse operational procedures and processes, working with the Private Equity operations team to identify areas for automation, to reduce risk and improve efficiency
- Collaborates, elicit, analyse, outline and develop requirements for dockets and small changes, coordinating with business and technology teams.
- Formulate application testing strategies and test plans, execute test cases (manual or automated) and review results for SunGard Investran and all its ancillary applications, report and troubleshoot defects
- Employ project management tools and techniques when working on docket or project initiatives
- Develop as a functional Subject Matter Expert for PE operations and the Investran platform, documenting and developing a knowledge base, and cross-training team members.
- Provide support for new business take-on as well as growth within the existing client base
- Work closely with regional functional managers in various processes / projects to ensure communication and smooth implementation
- Serve as a Change Advocate; establish trust within the corresponding business teams; gain enthusiasm within the teams.
- Support and drive system changes and strategic initiatives - Elicit, analyse, outline and develop requirements by coordinating with business and technology teams.
- Formulate application testing strategies and test plans, execute test cases (manual or automated) and troubleshoot defects.
- Analyse operational procedures and processes, working with the PCA business to identify areas for automation, to reduce risk and improve efficiency.
- Contributing to process development and productivity, implementing new initiatives; Identify efficiencies and area’s for improvement to reduce risk and become more efficient.
- Assist managers in team/business development, client specific reporting / analysis request and special projects.
Knowledge And Skills
Industry, accounting, application and process knowledge:
- Thorough understanding of complex nature of private equity offerings
- Ability to identify, classify and record complex fund transactions to general ledgers.
- Knowledge of Investran LIVE/ Investran, preferably as a super user to be able to use the application to its max advantage
- Working knowledge of macro/automation tools will be added advantage.
- Proven experience of business analysis, system upgrades, testing related to Private Equity products.
- Self-starter with advanced analytical and problem solving skills.
- Ability to liaise and translate between technical and non-technical departments.
- Excellent interpersonal, communication and presentation skills.
Skills
- A good understanding of the FIS Investran platform, overall experience of 9-12 years and minimum 6 years of experience related to L1 support, Implementations and change management
- Implementations and change management
- Self-starter with advanced analytical and problem solving skills
- Strong IT and systems skills required and an ability to liaise and translate between technical and non-technical departments.
- Excellent interpersonal, communication and presentation skills
- Ability to work under pressure and to prioritize tasks
- Strong organizational and time management skills
- Proven experience as a Business Analyst, or a strong operational background in private equity
Education And Qualifications
- Master / Bachelor’s degree in accounting/finance/tech.
- 6 - 8 years of work experience into Investran application/ Private Equity / Fund Accounting
Eligibility for Internal partners
- 3 years as a Team Leader to move as a Section Manager currently at an Officer level.
- 24 months as a consultant to move as a Senior Consultant. Movement within Senior Consultant and Section Manager is applicable if they have prior 36 months of people management experience.
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.
About Our Pune Office
The Northern Trust Pune office, established in 2016, is now home to over 3,000 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 heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.
