Associate Consultant (TC), Payments at Northern Trust

Limerick, County Limerick, Ireland

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset Management, Private Equity, Real EstateIndustries

Proven work experience, preferably in Operations, with preference for cash functions in Private Equity and Real Estate
Experience in project management and client interaction; experience in cash payments function and SWIFT a plus
Analytical and problem-solving skills
Proven team player, taking ownership for own role while contributing to wider team efforts
Excellent written and oral communication skills
Advanced skills in Microsoft packages, specifically Outlook and Excel (including pivot and V-lookup)
Knowledge of basic accounting principles and procedures; familiarity 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
Good experience and background in operations; ability to function independently in a fast-paced, dynamic environment; proactive in resolving conflict with exemplary follow-through; attention to detail; effective communicator who works well with others; able to serve as key subject matter expert and mentor to junior employees

Manage the daily processing of cash flow requests by clients, including checks on instructions, executing payments per controls and authorized instructions, confirming settlements, and posting transactions
Handle vendor workflow, including requesting independent verification, vendor setup on payment platforms, and 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 them
Assist in the development of a scalable, controlled, and transparent cash processing workflow for all cash activity
Suggest and drive improvement projects to streamline the AP process, communicating value to critical stakeholders in the P2P process
Effectively communicate with IT to test and implement developments and enhancements of the cash offering
Escalate issues and sign off 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 onboarding of new clients
Build and maintain internal and external relationships
Assist clients (internally and externally) with any cash queries
Perform ad hoc expense analysis as required
Support the Team Manager in ensuring operational efficiency, taking ownership of responsibilities, and achieving objectives