Associate Specialist, Fund Administrator, Hedge Fund Services

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals families and institutions by remaining true to our enduring principles of service expertise and integrity. With more than 130 years of financial experience and over 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Major Duties :1. Review of monthly fund and business entity closing summaries.

2. Report and analyze financial data to be disseminated to our clients and their investors.

3. Close monthly books and records of the funds to general final performance figures.

4. Interact with clients and other Hedge Fund Services teams to obtain understanding of funds activities.

5. Prepare financial statements for funds.

6. Work directly with external auditors to ensure accuracy of each funds annual financial statements.

7. Operates independently; has in-depth knowledge of business unit / function.

8. Focus on operational risk and profitability by automating manual processes/calculations and recommending procedures to improve our integration environment and corresponding testing.

9. A subject-matter expert on HFS proprietary system to answer questions on functionality/capability to assist with business problem solving.

10. Work with HFS internal shared service teams to resolve accounting-related questions on how transactions should be recorded to ensure the proper accounting treatment.

11. Research technical accounting policy questions for complex client transactions or related to new accounting pronouncements and monitor changes to U.S. GAAP and IFRS.

12. Perform discovery due diligence with clients to gather requirements write the back- and middle-office business requirements and test code releases in both HFS integration and production environments.

13. Partner with HFS ITs external vendor on development approach related to new functionality.

14. Interact with the client during the discovery and on-boarding phases.

Knowledge :- Excellent oral and written communication skills are required
- In-depth Functional / Industry Knowledge is required
- Highly flexible and adaptable to change
- Technical skills / systems knowledge (e.g. Peoplesoft) is required

Experience :A College or University degree and/or relevant proven work experience is required / preferred. Related Industry qualification (e.g. ACCA) is required / preferred

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension) health and welfare benefits (medical dental vision spending accounts and disability) paid time off parental and caregiver leave life & accident insurance and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to assisting the communities we serve!Join a workplace with a greater purpose.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at .

We hope youre 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.