Vendor Administrator, Global Funds Services

Location
London, United Kingdom
Salary
Unspecified
Posted
06 Jun 2022
Closes
06 Jul 2022
Ref
97295
Contract type
Permanent
Hours
Full time

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (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 that is committed to strengthening the communities we serve.

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

Role:

Responsible for supporting the Vendor Managers within the Global Fund Services Vendor Management Team to ensure all administration tasks are completed in accordance with the Third Party Management Practise Standard. The role will focus on the key vendor relationships within Global Fund Services and will require the role holder to fully understand the service provided by each vendor, together with their interdependencies and impacts across each jurisdiction.

The role holder will be required to manage all administration requirements for the team including but not limited to invoice Management, diary scheduling and reporting.

The Role has the possibility to develop into a junior Vendor Manager role for the right candidate.

Principal responsibilities:

Governance

  • Responsible for supporting the Vendor Managers with day to day vendor relationships within Global Fund Services
  • Team diary management and scheduling key Vendor events
  • Maintaining the up keep and storage of all vendor documents and contracts within the specified NT systems in line with the Third Party Management Standard
  • Manage the Vendor invoice process, ensuring all invoices are approved and processed within the contractual timescales.
  • Update and maintain Vendor issues logs and resolution status
  • Provide reporting & MI for the Vendor Managers
  • Liaise with procurement for the administration and resolution of Purchase Orders and SOW’s
  • Day to day oversight, monitoring of team email inboxes and responding to general email and phone enquiries from Vendors and or Northern Trust Teams
  • Fulfil additional, relevant tasks appropriate to the role and business requirements within the Vendor Management Team

Accountabilities

  • Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
  • Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled
  • Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties

Relationships:

Internal Key Stakeholders

  • Vendors and Product Managers Global Fund Service Operations teams
  • Third Party Outsourcing oversight team

External Key Stakeholders

  • Regulators including, FCA, CBI, CSSF and FED
  • External Clients
  • Vendors
  • External Auditors / Trustees and Compliance

Skills / Competencies required:

  • Strong Customer Service experience would be beneficial
  • Working knowledge of P2P systems (e.g Oracle Peoplesoft) preferable although not essential
  • Excel, Word and PowerPoint proficient
  • Ability to present information succinctly
  • Customer service experience would be beneficial
  • Analytical skills are required to research and resolve enquiries
  • Extremely strong interpersonal skills
  • Highly articulate with good communication skills

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

  • Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review
  • Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days
  • Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program
  • Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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