Padmi

Associate Consultant - Hedge Fund Services Data Migration Specialist

BangalorePosted 1 month ago
Computer Systems AnalysisMid-levelFull Time; Regular
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Associate Consultant, Omnium Services 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 worlds 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 worlds most sophisticated clients using leading technology and exceptional service. Hedge fund services- ASSOC Consultant, FUND admin, HFS Founded in Chicago in 1889, Northern Trust is one of the worlds 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 The role involves working for Northern Trust Hedge Fund Services, a global fund administrator, specializing in complex hedge funds and alternative asset investments. The successful candidate will be an ambitious self-starter who has demonstrated the ability to problem solve in a dynamic, fast-paced and demanding environment. This individual will have a strong technical background and experience working on Data Migration projects. The role will be a key part of our hedge fund administration business. Major DuTIES As a subject matter expert, provide comprehensive, in-depth consulting and assistance to data migration and implementation team. Maintain and enhance detailed migration plans outlining specific tasks to support high quality migration. Detailed understanding of Xceptor tool and its features. Expertise to create new features and report build activities using Xceptor. Reconciling Xceptor Investor Services data with Investor data extracted from IRIS to ensure that all information on the application is of high quality and complete Provide guidance on how to enhance processes to increase quality throughout data migration. Analyze any discrepancies during migration and elevate them appropriately. Investigate root cause and provide suggestions on resolution. Create and test customized investor templates and reports in Xceptor tool Maintain all migration-related project artefacts, project plans and provide scoping and estimated timelines for larger scale migration requests. Manage discrepancies, migration-related project risks, reporting, migration status meetings/updates and communications within project as well as to Project Managers/Specialists. Responsible for providing timely response to queries and finding resolution to avoid repetitive actions. Develops training curriculum and conducts training sessions for migration team. Provides ongoing technical assistance in training, mentoring, and coaching. Works effectively both as a team member as well as an independent self-motivated individual. Responsible for multiple projects of various complexities. Establish, build and maintain effective working relationships with key partners. Drives the engagement of other partners as appropriate to solve inquiries/issues of different stake holders. 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 Generating efficiencies within the team and effective utilization of resources Demonstrate high ethical standards. Skills Be able to mentor through confidence and approachability Good analytical, numerical and reasoning skills Time management and delegation skills Approachable and able to promote teamwork through creative solutions Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment. Knowledge of Transfer Agency / Investor Services / Investor Accounting or Allocations Proficiency in Advanced Microsoft Excel is a must, Word and PowerPoint presentations are desirable Understanding of AML, FATCA, Management fees, Incentive fees and other investor related regulations is required Excellent spoken and written English and the ability to write business correspondence. Proactive and capable to handle multiple tasks under extremely time sensitive conditions. Excellent team management and motivation skills Demonstrating that planning activities and decision-making are done with the appropriate consideration for the level of risk involved Qualifications: Bachelors degree with emphasis in Finance, Accounting or Information Technology, Master degree a plus Experience in Xceptor is Mandatory. Around 4-7 years of work .

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