Analyst, HFS

Northern Trust Corp; Chicago (IL); Hybrid; USD 48,000 - 72,000; Full time

Job summary

Northern Trust Hedge Fund Services in Chicago is seeking an Analyst to support multiple hedge fund clients within a fast-paced, client-focused environment. You will assist with bank loan trade processing, lifecycle events, reconciliations and ensure accurate P&L reporting.

The role emphasizes excellent communication, attention to detail and the ability to manage multiple tasks while meeting tight deadlines.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field with 3.0 GPA or higher.
• Operations experience in financial services preferred.
• Strong written and verbal communication skills.

Responsibilities

• Support multiple hedge fund clients in a fast-paced environment.
• Liaise with clients, counterparties and agents to close syndicated bank loan activity.
• Verify, process and reconcile trading and life cycle activities.
• Monitor bank debt positions for accurate financial reporting.
• Build and strengthen internal and external relationships.

Skills

Client focused

Excellent communication

Team collaboration

multitasking

Detail oriented

Excel proficiency

Education

Bachelor’s degree in Finance, Accounting or related field

Tools

Microsoft Excel

MS Office

Job description

## Analyst, HFSApply: Chicago, IL: Full time: Posted Today: R155668**About Northern Trust** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. **Summary:**Northern Trust Hedge Fund Services is a rapidly expanding global fund administrator specializing in administering assets of complex hedge funds, private equity funds and CLOs. The successful candidate will be an ambitious self-starter who has demonstrated the ability to function as an effective and strategic team member in a dynamic, fast-paced and demanding environment. This position will be responsible for supporting the Private Credit portfolios of our fund administration and middle office clients. The functions include bank loan trade closing and trade management processing as well as both lifecycle event processing and reconciliations. The candidate is expected to deliver excellent client service daily by way of operational process execution, market and product knowledge and professional communication.**Key Duties and Responsibilities:*** Support multiple clients within a fast-paced, challenging environment* Liaise with clients, counterparties and agents to facilitate the closing of syndicated bank loan trading activity on ClearPar.* Verify, process and reconcile trading and life cycle activities* Monitor and maintain bank debt positions to ensure accurate P&L for financial reporting* Build and strengthen internal and external relationships**Knowledge / Skills:*** Ability to work independently and cooperatively within a team environment* Client focused* Ability to handle multiple tasks simultaneously and with accuracy* Excellent written and oral communication skills* Ability to meet time-sensitive deadlines with appropriate sense of urgency* Fundamentally detail and process oriented* Proficient in Microsoft Excel and other MS Office applications**Experience:*** Bachelor’s degree in Finance, Accounting or related field with 3.0 GPA or higher* Operations experience in financial services industry or relevant proven work experience is preferredSalary Range:$48,000 - 72,000 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.* **Work Authorization** Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).