Associate Specialist, Investor Services, Hedge Fund Services

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.

Major Duties:

1. Oversight of accurate and timely processing of all capital activity transactions including subscriptions, redemptions, transfers and Private Equity Commitment, Calls and Distribution processing. Ownership of more complex clients and fund structures
2. Onboard new clients and help train and migrate new business to standardized processes. If divergence is needed, ensure proper transparency and efficient design
3. Understand current manual processes and risk points and work to improve as necessary
4. Drive Hydra testing and implementation of program
5. Liase with Business Teams, PMs and other Specialists to execute on respective prioritized projects
6. Operates independently; has in-depth knowledge of business unit / function.
7. Focus on operational risk and profitability by automating manual processes/calculations and recommending procedures to improve our integration environment and corresponding testing.
8. A subject-matter expert on HFS' proprietary system to answer questions on functionality/capability to assist with business problem solving.
9. Work with HFS' internal shared service teams to resolve Investor-related questions or improve workflow between teams
10. Perform discovery due diligence with clients to gather requirements, write the back- and middle-office business requirements and test code releases in both HFS' integration and production environments.
11. Partner with HFS IT's external vendor on development approach related to new functionality.
12. Interact with the client during the discovery and on-boarding phases.

Knowledge:

• Excellent oral and written communication skills are required
• In-depth Functional / Industry Knowledge is required
• Highly flexible and adaptable to change
• Technical skills / systems knowledge (e.g. Peoplesoft) is required

Experience:

A College or University degree and/or relevant proven work experience is required / preferred. Related Industry qualification (e.g. ACCA) is required / preferred

Salary Range:

$95, ,400 USD

Salary 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. #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

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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.