Payments Consultant

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

The job involves working for a Global fund administrator. The position requires good experience and background in operations with a preference for SWIFT and cash functions in the Private Equity and Real Estate space. The successful candidate is a proven leader and who takes ownership of responsibilities and achieving objectives.  Team focus and the ability to function independently in a fast-paced, dynamic and demanding environment is essential. This person is proactive in resolving conflict and demonstrates exemplary follow-through. They add value by working on a number of simultaneous tasks/projects with minimal supervision while paying special attention to detail. The ideal candidate is an effective communicator and works well with others.
 

Responsibilities

• Manage the daily processing of cash flow requests by clients. This includes: Ensuring proper checks have been performed on the instruction, executing payments per established controls and with authorized instruction from clients, confirming payment settlements and details, and posting all cash related transactions made on behalf of clients.
• Vendor workflow including requesting independent verification & vendor set up on payment platforms. Completion of call backs when required.

• Work with clients to resolve cash breaks and issues related to payments.
• Manage the daily processing of FX transactions for clients.
• Communicate discrepancies to internal partners and assist in resolving.
• Assist in the development of a scalable, controlled and transparent cash processing work flow for all Cash activity.
• Suggests and drives improvement projects to streamline the AP process, communicating the value of such projects with critical stakeholders in the P2P process.
• Effectively communicate with IT to test and implement development and enhancements of our Cash offering.
• Escalate issues and signoff on daily process requirements.
• Work on building out procedures and ensure good understanding across the team on each client’s specific needs
• Work with the Implementation Project Manager to ensure smooth on boarding of new clients.
• Build and maintain internal and external relationships
• Assist clients both internally and externally with any Cash queries
• Ad Hoc expense analysis as required

Skills / Experience

• Proven work experience, preferably in Operations. Experience in Private Equity and Real Estate is preferable but not necessary
• Experience in project management and client interaction. Experience working in a cash payments function and SWIFT a plus.
• Proven team player, taking ownership for own role while contributing to wider team efforts
• Excellent written and oral communication skills.
• Advance skills in Microsoft packages, specifically outlook and excel, including pivot and v-lookup
• Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments
• Client service experience
• Ability to work under pressure and to deadlines in a demanding and fast growing department
• Highly flexible and adaptable to change

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

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.

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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.