Senior Analyst, Fund Administration

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.

Role

We are currently recruiting for Senior Analyst for our Financial Control team within Omnium Services Group EMEA. From a career development perspective, the individual will learn to work effectively in a fast-paced environment that provides services to sophisticated clients. The individual will get exposure to many different product types across all sectors. The individual will also learn the complete cycle from start to finish when a client executes a trade. This will enable the individual to understand the full picture of hedge fund administration and also be able to effectively engage the appropriate shared service team within HFS.

Key responsibilities of the role

A role within the Financial Control within Hedge Fund Services will entail work in one or all four of the below broad areas of responsibility:

Fund Accounting

• Preparation and review of Operating Expenses for funds on a weekly/monthly basis.
• Production and review of month end Close Packs for various clients on weekly/monthly basis.
• Validation of Monthly NAVs and associated accounting records
• Interact with clients and other to obtain understanding of funds’ activities
• Engage with other HFS teams to support projects including fund launches and migrations

Investor Accounting

• Allocation of Profit and Loss across investors share classes and series
• Calculation and verification of class-level expenses such as Management Fees
• Calculation and verification of various performance fee methodologies
• Work with Investor Services team to ensure investor statements are timely and accurate

Financial Reporting

• Participate in financial statements preparation and review for funds on an annual basis.
• Work directly with external auditors to ensure accuracy of each fund’s annual financial statements.
• Work with shared services teams to ensure timely follow up and completion of audit requests.

Regulatory Reporting

• Participate in the monthly and quarterly preparation and review of regulatory reporting for applicable funds
• Engage in project initiatives to strengthen and expand HFS regulatory reporting services on MMIF, FVCs and SPVs.

The successful candidate will benefit from having:

• Be working towards, or interested in working towards professional accountancy (ACCA or equivalent) qualification. (Preferable but not required)
• Knowledge of hedge funds and other alternative investment structures an advantage
• Some experience in Financial Services
• Client service experience

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.