NTAM Alternative Ops Blr Senior Consultant

Northern Trust Corp; Bengaluru; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Northern Trust is seeking a Senior Consultant to lead investor onboarding, subscriptions, redemptions, transfers, and capital activity across multiple platforms in our Bangalore office. You will drive governance, automation, and streamlined operating models with cross‑functional partners.

The role emphasizes risk controls, data integrity, and stakeholder management while delivering operational excellence and scalability for alternative investments.

Qualifications

• 9+ years in alternatives operations, investor servicing, fund administration, or capital activity.
• Experience with investor onboarding, subscriptions, redemptions, transfers, and capital activity.
• Strong analytical and problem-solving skills for complex operational issues.
• Advanced Excel; VBA, Power BI or automation experience desirable.

Responsibilities

• Lead investor onboarding, subscriptions, redemptions, transfers and capital activity workflows.
• Coordinate platform governance, testing, and rollout of new products and enhancements.
• Identify process improvements, automation opportunities, and operating model changes.
• Ensure controls, documentation, and risk management across investor servicing lifecycle.

Skills

Analytical skills

Excel/VBA/Power BI

Tools

Excel

VBA

Power BI

Automation tools

Job description

About Northern Trust

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.

Role Summary

This role supports 50 South Capital's alternative investment products through ownership and execution of investor onboarding, capital activity, platform operations, and operational transformation initiatives. The Senior Consultant serves as a key liaison between the business, platform vendors, administrators, and Northern Trust technology, data, and operations teams. Designed for an experienced alternatives operations professional (typically 9+ years of experience), the role requires deep understanding of investor servicing, capital mechanics, and alternative investment workflows, combined with strong analytical, problem-solving, and stakeholder management capabilities. The individual will partner closely with 50 South Capital leadership, Investor Relations, Business Development, Fund Operations, Legal & Compliance, Technology & Data teams, administrators, and platform providers to drive operational excellence, scale investor servicing capabilities, strengthen controls, and support strategic platform and operating model enhancements.

Key Responsibilities

Investor & Capital Operations Leadership

Serve as a subject matter expert across investor onboarding, subscription, redemption, transfer, and capital activity workflows. Own execution of iCapital, +SUBSCRIBE, and other alternative investment platform processes, ensuring timely and accurate processing of investor transactions. Coordinate fundraising closes, investor acceptance reviews, and capital activity readiness across stakeholders. Oversee complex operational events, exception management activities, and remediation efforts while ensuring closure within established timelines. Act as an escalation point for operational issues impacting investor onboarding and servicing activities.

Platform & Operational Governance

Lead day-to-day coordination between 50 South Capital, platform providers, fund administrators, distribution partners, and internal stakeholders. Drive platform governance discussions and identify opportunities to improve user experience, workflow efficiency, control effectiveness, and automation. Support implementation of new products, platform enhancements, workflow redesigns, and technology initiatives. Evaluate operating model gaps and recommend scalable solutions to improve efficiency, resiliency, and investor experience. Participate in platform testing, user acceptance testing (UAT), production validation, and rollout activities.

Business Transformation & Continuous Improvement

Identify process inefficiencies, control weaknesses, and operating model gaps across investor servicing and capital operations workflows. Drive process standardization, automation opportunities, and workflow optimization initiatives. Contribute to strategic initiatives supporting platform integration, data enablement, and operational modernization. Support migration activities and operating model transitions while maintaining control integrity and business continuity.

Risk, Controls & Operational Excellence

Ensure adherence to operational controls, documentation standards, audit requirements, and regulatory obligations. Monitor operational risk indicators, service level adherence, and control execution across the investor servicing lifecycle. Maintain appropriate evidence supporting control execution and operational decisions. Support internal and external audit reviews, compliance testing, and platform governance reviews. Drive timely resolution of control exceptions and operational incidents.

Stakeholder & Team Leadership

Build effective relationships with senior business stakeholders, Investor Relations teams, fund administrators, technology partners, and external vendors. Represent operations in governance meetings, project discussions, and business change initiatives. Provide training, guidance, and mentorship to consultants and analysts supporting alternative investment operations. Promote knowledge sharing, process documentation, and best practices across the team. Demonstrate ownership, accountability, and leadership in driving operational outcomes.

Qualifications & Experience

For internal applications - 24 months as Consultant 9+ years of experience in alternatives operations, investor servicing, fund administration, or capital activity management. Strong understanding of private equity, hedge funds, private credit, real assets, and alternative investment operating models. Extensive experience supporting investor onboarding, subscriptions, redemptions, transfers, capital calls, and distributions. Experience working with alternative investment platforms such as iCapital, +SUBSCRIBE, Investran, Strong analytical and problem-solving skills with the ability to assess complex operational, workflow, and data-related issues. Advanced Excel proficiency; experience with VBA, Power BI, data visualization tools, or automation solutions is highly desirable. Understanding of AML/KYC, tax documentation, investor records management, and regulatory requirements. Experience participating in technology implementations, process redesigns, and operating model transformation initiatives. Proven ability to work independently, manage competing priorities, and operate effectively in a dynamic and evolving environment.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

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.

Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)