Northern Trust - Section Manager - Hedge Fund Services - Financial Control

About Role:

Manage a HFS operations section. Responsible for managing Financial Control section, including conducting the performance management process. Establish goals/objectives for the team and monitors to ensure the timely and accurate completion of all related tasks.

PRINCIPAL RESPONSIBILITIES

General

- Monitor team goals as measured against the Section KPIs, identify process failures and improve quality percentages.

- Improve on past performance through systems development and continuous training

- Follow up on the goals and priorities based on the direction set for the Section.

- Ensure consistent best practices and monitor the standards as agreed with the home country teams

- Ensure that adequate training/cross training is provided for all employees and identify training and development needs and establish performance standards for the section.

- Keep abreast of industry and regulatory developments.

- Prepare and present monthly performance matrix for the team to the management.

- Produce on time accurate detailed appropriate management information reporting and analysis

Core:

- Manage a Financial Control operations section

- Maintain effective communication channels at all levels

- Track all funds closes / audit related and performances queries and plans effectively to meet the benchmarks set.

- Coordinate with onshore on expectation setting, work allocation and planning for offshore team.

- Ensure strict compliance with SLA, risk and other process/company/regulatory requirements.

Business

- Keep appraised of industry and regulatory development

- Monitors staffing needs, including hiring and performance improvement decisions, handles salary administration, and ensures resources are available to accomplish priorities

- Run to fruition and own any projects for your teams as allocated

EXPERIENCE

Candidate to have at least 9+ years of experience in hedge fund accounting/Financial reporting/Fund administration (accounting of hedge funds, funds yearly/semi-annually audit, financial statements preparation, operating expense, fund industry knowledge, strong knowledge of financial instruments) about 6 years in Fund Accounting / Financial control/Financial Reporting.

At least 3 years in supervising teams officially

Qualification Preferred: ACAI or CFA (Level II fro CFA Institute, USA) or CPA or ACCA or MBA (Finance)

ABOUT NORTHERN TRUST:

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

As of March 31, 2017, Northern Trust Corporation had:

- $121 billion in banking assets

- $7.1 trillion in assets under custody

- $8.9 trillion in assets under custody/administration

- $1.0 trillion in assets under management

The Enterprise Learning & Development (ELD) Team focuses on multiple aspects of an employee's experience with the firm, from onboarding and integration to development and advancement of our people throughout their careers.

The Core (Professional and Management Development) Curriculum Management Team provides consultation, matching learning needs with existing solutions, and conducts the global needs assessment. We also manage the enterprise training portfolio, both Management and Leadership and Core Curricula, and are responsible for the delivery of training solutions, both internal and vended. We are responsible for measuring, reporting and ensuring solutions produce business impact.