Associate Specialist, Fund Administration, Integrated Portfolio Services (IPS)

About Northern Trust

Northern Trust (Nasdaq: NTRS) is a global leader in innovative wealth management, asset servicing, asset management, and banking services. Founded in 1889, the company is known for its commitment to integrity, expertise, and service. With over 24,000 partners and a rich history of financial experience, Northern Trust serves the world's most sophisticated clients through leading technology and exceptional service.

Responsibilities

• Review of monthly fund and business entity closing summaries
• Report and analyze financial data for clients and investors
• Closing monthly books and records to general final performance figures
• Interact with clients and Hedge Fund Services teams to understand funds' activities
• Prepare financial statements for funds
• Work with external auditors to ensure accuracy of annual financial statements
• Operate independently with in-depth knowledge of business unit functions
• Focus on operational risk and profitability by automating manual processes and recommending improvements
• Act as a subject-matter expert on HFS proprietary system to address questions on functionality and capability
• Collaborate with HFS internal shared service teams to resolve accounting-related questions and ensure proper accounting treatment
• Research technical accounting policy questions for complex client transactions and monitor changes to U.S. GAAP and IFRS
• Perform discovery due diligence with clients to gather requirements, write business requirements, and test code releases in both integration and production environments
• Partner with HFS IT's external vendor on development approaches related to new functionality
• Interact with clients during the discovery and on-boarding phases

Qualifications

• A College or University degree and/or relevant proven work experience
• Related industry qualification (e.g. ACCA)

Skills

• Excellent oral and written communication skills
• In-depth functional and industry knowledge
• Highly flexible and adaptable to change
• Technical skills/systems knowledge (e.g. Peoplesoft)

Benefits

Northern Trust offers 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
• Other voluntary and well-being benefits
• A discretionary bonus program with an equity component

Pay

The salary range for this position is $95,600 - 162,400 USD. Northern Trust does not sponsor applicants for U.S. work visas.

Schedule

Details about the schedule are not specified in the job posting.