Senior Consultant, UK Fund Accounting New Business and Transitions

Northern Trust Corp; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Consultant for their UK Fund Accounting team in London. This role is pivotal in ensuring operational readiness for UK funds and involves managing fund activities, liaising with clients, and driving system enhancements. The ideal candidate will have a strong background in Fund Accounting and project management, along with excellent communication skills to represent the business to clients. Join a collaborative and flexible work culture where your contributions will be valued, and help shape the future of financial services.

Qualifications

• Current knowledge and experience of Fund Accounting.
• Strong communication and client servicing skills.
• Excellent project management skills.

Responsibilities

• Oversee fund setup and activity, ensuring accuracy.
• Manage fund launches and transitions effectively.
• Provide guidance and support to team members.

Skills

Fund Accounting

Project Management

Client Servicing

Communication Skills

Analytical Skills

Education

Relevant Professional Qualifications

PC Skills Training

Project Management Training

Tools

Enterprise Fund Accounting Applications

Bloomberg

Reuters

Job description

Senior Consultant, UK Fund Accounting New Business and Transitions page is loaded

Senior Consultant, UK Fund Accounting New Business and Transitions

Apply locations London, United Kingdom time type Full time posted on Posted Yesterday job requisition id R137512

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

This role is within Northern Trust’s growing UK Fund Accounting team . This team looks after more than 1 0 % of all UK Authorised Funds for numerous Fund Management clients . Within the Department the Funds are split by Client .

Reporting to the Head of UK New Business and Transitions

Responsible for ensuring UK funds are operationally ready across UK Fund Accounting and assisting the wider EMEA New Business Team, when available. To be able to take the lead in rolling out new business for new and existing clients and to highlight the need for and assist with the development of system enhancements /procedures. To play a key role in the handover of business to the Fund Accounting business units and any associated training.

Key Responsibilities

• Oversight of Fund set up and Fund activity

• Liaise with Clients and internal stakeholders to ensure Fund activity accurately undertaken

• Manage the Fund Activity, including Fund launches, in-species, mergers, etc

• Escalation point within the team .

• Guidance and support given to other team members and raise concerns to manager where appropriate .

• To be the technical and subject matter expert on the team and handle fund activity and specific fund requirements e.g. transitions/fund launches/in-specie transfers etc

• Develop and maintain an understanding of the industry and NT, in particular NT’s systems, infrastructure and process data flows

• Minimise errors in all deliverables at all stages

• Focus on the resolution of complex transitions, where expertise is required to interpret policies, guidelines and/or processes

• Identify and respond to operational risk throughout the business unit

Skills / Experience

• Experience

• Current knowledge and experience of Fund Accounting

• Maintain an understanding of the industry and NT, in particular NT’s systems, infrastructure and process/data flows

• Strong communication , first class presentation and internal and external client-servicing skill

• Excellent Project Management skills

• Systems

• Detailed Knowledge of Enterprise and related Fund Accounting Applications

• Experience with vendors preferred (Bloomberg, Reuters etc)

• Understanding of how Fund Accounting systems link and interface to other systems and an appreciation of how to implement such interfaces

• Analytically and procedurally competent to represent the team on cross-function process or project deliverables

• Responsible for the rollout of new procedures within the team in consultation with BPA/Team leaders/NAV Managers

• Process Skills

• Ability to provide input into long term strategy for department

• Ability and desire to adhere to automation and standardisation of processes

• Client Service

• Experience of representing businesses to current clients via presentations , etc

• NT client service culture among staff and ensure that all clients receive a quality service

• Ensure accuracy and timings are consistently achieved within the team and when not achieved actively pursue a solution. Proactive in maintaining Service Level Agreements and recognise when the SLA needs to be amended. Ensure the team adheres to SLA and fund prospectus

• Collaborate and consult with project/assignment stakeholders with ease. Prepare and recommend solutions to project/assignment issues and risk factors. Provide regular updates to the stakeholders on project status

• Personal Development

• Have the ability and desire to proactively develop further as the business grows

• Genuine committed interest in own career development

• Qualifications

• Relevant Professional Qualifications

• PC skills training

• Project Management training preferred

• Presentation skills

• Personal Qualities

• Disciplined, authoritative, determined

• Enthusiastic, good communicator, coach, mentor

• Confident, well-balanced and resilient

• Must be approachable and gain respect

• Results-oriented, ambitious, highly driven

• Enthusiasm to improve company performance and systems

• Ability to think and act creatively

• Identifies solutions as well as issues

• Ability to prioritise workloads effectively

• Takes initiative to improve areas outside of immediate responsibilities

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 [e-mail] .

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.

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