Analyst, Alt Investments - #258700

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.

Summary: Under direct supervision, the analyst is responsible for working day-to-day with various internal teams, clients and fund managers in order to produce accurate custody reporting for the clients’ alternative investment portfolios. The analyst’s primary responsibilities include reconciling monthly and quarterly valuations provided by the general partnerships against Northern’s information management system. This work entails auditing cash flows, statement updates, and providing accurate and timely custody reports to account managers on a monthly basis.

Major Duties

• Act as the primary Alternative Asset Services contact for client relationship managers at Northern Trust for all client related inquiries regarding alternative investments.
• Monitor, resolve, and respond to inquiries from internal and external parties; including pulling and interpreting data, and preparing analysis with a view to ensuring client valuation expectations are met.
• Manage assigned daily tasks to ensure day to day deliverables are met and work effectively in a team environment.
• Consistently review and assess processes to identify improvements for increased team efficiency.
• Actively participate in department projects and initiatives.
• Expected to use some initiative but refer more complex problems to supervisors/experts.
  
  

Knowledge: Good oral and written communication skills are required. Working knowledge of MS Office is required. Analytical and problem solving skills are required. Knowledge of Capital Markets with exposure to Hedge Funds/Private Equity/Comingles Funds/Valuation Reporting/Reconciliation Principles, and finance or accounting preferred.

Experience: A college degree required with an emphasis in Finance & Accounting preferred.

Work schedule will be congruent to our Chicago office hours (AZ start time will be 6:30am/7:30am depending on Daylight Savings).

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 [email protected].

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.