Senior Consultant, Fund Administrator, Hedge Fund Services

Northern Trust

  • Chicago, IL
  • $83,100-141,300 per year
  • Permanent
  • Full-time
  • 1 day ago
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.Key Responsibilities:
  • Data Reconciliation: Perform/Review daily, monthly, and ad-hoc reconciliations of accounts, transactions, and balances between internal financial systems and external sources (e.g., bank statements, investment records, vendor reports).
  • Variance Analysis: Identify and investigate discrepancies in financial data, analyze root causes, and escalate issues as needed to ensure timely resolution with internal and external stakeholders
  • Control Oversight: Maintain and enforce controls, ensuring data accuracy and review of defined controls
  • Collaboration: Work closely with India team and client operation teams to resolve issues and improve process efficiency.
  • Process Improvement: Identify opportunities to streamline reconciliation and control processes. Recommend and implement best practices to enhance accuracy, efficiency, and control measures.
  • Compliance and Audit Support: Assist with internal and external audits by providing reconciliation records, documentation, and insights on process controls.
Qualifications:
  • Education: Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
  • Experience: Previous experience in a reconciliation, financial control, or similar finance-related role is a plus
  • Technical Skills: Proficiency in Microsoft Excel (formulas, pivot tables). Experience with reconciliation tools is a plus.
  • Analytical Skills: Strong analytical and problem-solving abilities with a detail-oriented approach to work and the ability to spot discrepancies.
  • Communication Skills: Excellent written and verbal communication skills, with the ability to explain findings and collaborate with team members.
  • Organizational Skills: Strong time management and organizational skills with the ability to handle multiple tasks and meet deadlines.
  • Ethical Awareness: High level of integrity and commitment to maintaining confidentiality and accuracy in handling sensitive financial data.
Competencies:
  • Attention to Detail: Ability to perform detailed data checks and identify inconsistencies.
  • Adaptability: Willingness to learn new systems and new products as the business evolves.
  • Team Collaboration: Ability to work effectively within a team and communicate with other internal and external stakeholders.
  • Problem-Solving: Capability to identify the root cause of discrepancies and develop effective solutions. Proactive in challenging the status quo.
Salary Range: $83,100 - 141,300 USDSalary 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.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. #MadeForGreaterReasonable accommodationNorthern 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 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.

Northern Trust