Job 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.

Responsibilities:

To verify diversified transactions, audits and portfolio reports, researches discrepancies on a daily/periodic basis for Clients Portfolios. Verify accuracy ofinformation by reviewing daily/periodic exception reports. Performing unitization and allocation audit checks, downloading and monitoring the PVT report.Verifies report schedules, ensuring that reports sent to clients are accurate and mailed within scheduled timeframes. Good knowledge of usage of CDtool/email notification/UPT tool. Analytically and procedurally competent, representing the team on cross-function process or process deliverables.

Major Duties:

Reviews daily/Periodic exception reports resolving issues by applying knowledge of accounting and performance, procedures and principles. Providesperformance data for individual Client portfolio through the processing and reconciliation of accounting on the appropriate system. Taking ownership for allthe deliverables being sent out by him/her and the cluster with proper review checks. Responds to internal and external inquiries resolving discrepanciesrelated to accounting and provide guidance to the team in resolving exceptions. Focus on resolution of complex issues, where expertise is required tointerpret policies, guidelines and procedures. Assists the team in researching accounting issues and on other special projects. Stays abreast of industry andprocess trends and disseminates information to team. Works with partner groups and assists in the development of new procedures or enhancements tocurrent processes to improve team productivity. Identifying new accounts & adds them on UPT tool. Perform Allocation audit, Unitization of the entries,Completion of special procedures, create NAV, Resolving Client queries. Involving in allocation transition and restructure process.

Knowledge/Skills:

Knowledge of accounting, securities processing procedures, usually acquired through accounting coursework or prior related experience, is required toreview and audit reports. Experience in allocation/units audit is a plus. Knowledge of partner areas like Pricing, Limited Partnership, AFS, Corporate action,Income collections etc will be an added advantage. Analytical skills are required to research and resolve inquiries/data. Organizational skills are required toprovide client reports within scheduled timeframes. Strong written and oral communication skills are required to disseminate information to team.

Experience Required:
Minimum 24 months of
Good Knowledge of Valuation Reporting (Global and Domestic)
Good understanding on Unitization and Allocation audit.
Knowledge on 5500/GASB audit is a plus.

Eligibility for Internal partners

Minimum 12 months as Analyst II
Lateral: Minimum 1 year as Senior Analyst.

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 Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.