As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
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
Private Equity Fund Administration (PEFA) provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds.
The job involves tracking of Private Equity funds partner’s capital account statement and reconciling it with the accounting system, reconciliation of Bank statement and capital activities recorded for the individual investor. Perform the review activities of private equity deliverables prepared by team members.
Core competencies and skills required
· Strong understanding of the Private Equity fund structure and the role of General partners and Limited partners. Sound knowledge on the Investran accounting platform and understand the various functions within the tool.
· Good Accounting and financial reporting knowledge is must
· Demonstrate through examples /evidence robust operations knowledge including seconda