Alternatives Operations Analyst

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.

Role Summary

50 South Capital is an alternatives asset management firm designed to meet the core strategic needs of investors seeking access to hedge funds private equity and private credit. It develops comprehensive investment solutions and services designed to meet alternatives investors risk and return expectations. Its highly experienced team works closely with a wide range of investors to fulfill specific investment objectives and create lasting relationships. 50 South Capitals investment philosophy focuses on providing access to managers with unique and differentiated sources of return.

50 South Capital is looking for an Alternatives Operations Analyst to help with the operations of our Private Equity Core Funds Venture Fund of Funds and Credit Fund of Funds. With the recent closing of our Core Fund XI Secondary Fund V and Sponsor Backed Credit Fund III we are looking to expand our team. 50 South Capital is a wholly owned subsidiary of Northern Trust and we currently manage over $15 Billion in Alternative Fund of Funds and Advisory Custom Accounts. We have a dynamic team of about 50 employees with diverse backgrounds and experience and looking for a candidate that likes a fast pace and engaging environment.

Essential Responsibilities

• Primary liaison with Investment team and Fund Administrators supporting the funds daily activities

• Oversee capital calls and distributions and working with Administrators to process transactions

• Assist with daily cash management activities including reviewing cash projections and monitoring of lines of credit.

• Review Quarterly Financial Workbooks for accuracy and completeness

• Oversee quarterly reporting included the production and facilitation of quarterly reports and investor capital account statements.

• Assist with the rollout of new fund products

• Assist with compliance reporting and audit requests

• Identify and drive opportunities for increased efficiency

Necessary Knowledge and Skills

• Strong investment operations knowledge (hedge and private equity)

• Excellent oral and written communication skills

• Role interfaces with both front office advisors and middle/back office teams so experience/understanding of operations across front/middle/back office is important

• Well organized detail oriented and disciplined in approach

• Proven leadership and organizational skills to manage across disciplines required

• Prior experience with alternative investments or investment operations required

• Performed financial statement audits of either Hedge or Private Equity Funds

• High proficiency in Microsoft Office Suite

Necessary Experience and Education

• CPA with 2-4 years of public accounting experience or

• 2-4 years of relevant work experience in investments (e.g. portfolio management front office operations program management alternative investments operations)

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.