CAREERS

Consultant, Hedge Fund Administration, HFS

📁
Operations/Securities
📅
92172 Requisition #

Consultant, Hedge Fund Admin

Job Description Title

Consultant, Hedge Fund Administration (Rec and Control)

Job Description

The Rec and Control department has an opening for a Consultant, Hedge Fund Administration position.

The job involves working within a team at Northern Trust Hedge Fund Services, a Global fund administrator, specializing in administering assets of complex hedge funds. The position requires good experience and background in financial markets and back office functions.

Knowledge/Skills

• Knowledge of basic accounting principles and procedures, familiar with financial markets and instruments

• Ability to manage multiple tasks at once and meet deadlines in extremely time sensitive conditions

• Proficiency in Microsoft Outlook and Excel

• Excellent written and oral communication skills.

• Experience/Knowledge of equity and fixed income products preferred.

 Major Duties

• Daily reconciliation of transactions and positions for Equity, Corporate Bond, CMO, TBA, Pool, Bank Loan and private securities.

• Analyze and understand all security and cash position differences related to reconciliations.

• Coordinate break resolution process between client, operations teams and Custodians/Counterparties.

• Facilitate hand off process between India and Chicago reconciliation teams, and follow up on open issues.

• Work closely with implementation team to ensure seamless handoff and setup of new client accounts.

• Perform daily review of reconciliations and execute controls.

• Project work related to increasing efficiency and improving control environment.

 

 

Experience

• Experience working for a financial services organization, with exposure to reconciliation and/or accounting processes preferred.

• Bachelor’s degree required

 

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:

  • Gender Equality Index Member, Bloomberg
  • Top Financial & Banking CompanyBlack EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement