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

Accounts Payable - Cash Management CoE provides payments services to REIF and PE clients.

Evaluates and reconciles Client's documents and process and review payments in various banks on behalf of clients.

Core Competencies And Skills Required

Strong Understanding of day to day operational activities of payments.
Demonstrate through examples /evidence strong operations knowledge including secondary review & controls, risks & mitigation
Excellent spoken and written English, and the ability to write business correspondence.
Ability to independently address technical & non-technical issues, conduct knowledge share / training sessions, proactively troubleshoot and manage escalations, and work with global teams
Good analytical, numerical and reasoning skills.
Ability to handle multiple tasks under extremely time sensitive conditions.
Be technically competent to act as first point of reference for day-to-day queries while performing review/reports/preparation daily and accurately.

Major Duties And Key Responsibilities

Responsible for ensuring timely and accurate reviews of transactions within established guidelines.
Performing quality assurance checks on information received from clients.
Working closely with home locations to resolve queries
To create, maintain and update procedure documents and client specifications
Comply with all controls and procedures outlined in the procedures manual and general company policies
Reviewing and signing off on Monthly reports/daily TLM reconciliation prepared by team members/Reviews on certain reports like weekly cash report/Monthly balance update.
Working closely with the Team Leader and Section Manager on new transitions from home locations
Ensure all scheduled work is completed by agreed deadlines.
Identify efficiencies and areas of improvement to reduce risk and put controls to make the process more efficient and robust.
Ensuring that technology available is being fully utilized in the most efficient manner
To ensure full and proper reporting to the manager of any operational issues
Where delays are expected, flag any service delivery issues as early as possible
Ongoing review of daily controls and communications of any new idea(s) or suggested procedural changes
To assist with training and coaching new team members as the group grows
Lead/participate in implementing new technology and efficiency initiatives/projects as needed.

Education And Qualifications

University degree/Masters in Commerce/Finance.
4-6 years of experience on Payments/Relevant experience in Finance Domain

Physical Demands And Work Environment

Must be able to interact and communicate with co-workers in a clear, thorough and concise manner. Work environment and physical demands are those normally associated with work either at office or any other location including home, including frequent use of the computer and telephone. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential job functions unless those accommodations would impose an undue hardship or constitute a direct threat.

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 [HIDDEN TEXT].

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.

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