Fund Administration Associate Specialist

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 world's 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 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Working Model: Hybrid
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Summary:
The job involves a project-focused role for Northern Trust Hedge Fund Services, a global fund administrator, specializing in administering assets of complex hedge funds, private equity funds, and hybrids. The successful candidate will be an ambitious self-starter who has demonstrated the ability to function as an effective and strategic leader in a dynamic, fast-paced and demanding environment. This individual will have a strong technical accounting background, private equity fund expertise, and a control minded focus.
Key Duties and Responsibilities:

• Collaborate with fund accounting teams to understand and solve business problems and build scalable operations to meet the service needs of a large portfolio of clients.
• Analyze operational procedures and processes, working with the client service teams to identify areas for automation, to reduce risk and improve efficiency and control.
• Interpret fund legal documents (LPA, PPM, etc.) and translate into accounting requirements.
• Work closely with technology resources to troubleshoot issues and scope new or desired functionality.
• Assist in building a high-performance team through learning, development, and mentoring.
• Carry out complex initiatives involving multiple disciplines and/or ambiguous issues.
• #LI-Hybrid
• #LI-GG1

Minimum Qualifications (Education, Experience, Skills):

• Self-starter with good problem solving skills.
• Ability to navigate ambiguity.
• Excellent interpersonal & communication skills, as this role requires interaction with multiple teams and partners.
• Ability to work under pressure and to prioritize effectively.
• Strong organizational and time management skills.
• A willingness to learn and be creative within the role.
• A minimum of 5 years of investment fund experience
• Experience with private equity funds, including carried interest waterfall calculations.
• Bachelor's degree with emphasis in accounting or finance
• Excellent Excel and MS Office skills

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.
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 sustainable companies! Build your career with us and apply 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 MyHRHelp@ntrs.com.
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.