Consultant, Private Capital Administration

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
The job involves working for a Global fund administrator.
The position requires good experience and background in operations with a preference for SWIFT and cash functions in the Private Equity and Real Estate space.
The successful candidate is a proven leader and who takes ownership of responsibilities and achieving objectives.
Team focus and the ability to function independently in a fast-paced, dynamic and demanding environment is essential.
This person is proactive in resolving conflict and demonstrates exemplary follow-through.
They add value by working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail.
The ideal candidate is an effective communicator and works well with others.
Responsibilities
Manage the daily processing of cash flow requests by clients.
This includes: Ensuring proper checks have been performed on the instruction, executing payments per established controls and with authorized instruction from clients, confirming payment settlements and details, and posting all cash related transactions made on behalf of clients.
Vendor workflow including requesting independent verification & vendor set up on payment platforms.
Completion of call backs when required.
Work with clients to resolve cash breaks and issues related to payments.
Manage the daily processing of FX transactions for clients.
Communicate discrepancies to internal partners and assist in resolving.
Assist in the development of a scalable, controlled and transparent cash processing work flow for all Cash activity.
Suggests and drives improvement projects to streamline the AP process, communicating the value of such projects with critical stakeholders in the P2P process.
Effectively communicate with IT to test and implement development and enhancements of our Cash offering.
Escalate issues and signoff on daily process requirements.
Work on building out procedures and ensure good understanding across the team on each client's specific needs
Work with the Implementation Project Manager to ensure smooth on boarding of new clients.
Build and maintain internal and external relationships
Assist clients both internally and externally with any Cash queries
Ad Hoc expense analysis as required
Skills / Experience
Proven work experience, preferably in Operations.
Experience in Private Equity and Real Estate is preferable but not necessary
Experience in project management and client interaction.
Experience working in a cash payments function and SWIFT a plus.
Proven team player, taking ownership for own role while contributing to wider team efforts
Excellent written and oral communication skills.
Advance skills in Microsoft packages, specifically outlook and excel, including pivot and v-lookup
Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments
Client service experience
Ability to work under pressure and to deadlines in a demanding and fast growing department
Highly flexible and adaptable to change
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.
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 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.
For further information, and to apply, please visit our website via the "Apply" button below.
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