Anaplan Solutions Analyst, Private Capital Administration

Northern Trust Corp; Chicago, Northern (IL, KY); Hybrid; USD 75,000 - 127,000; Full time

Job summary

Northern Trust seeks an Anaplan Solutions Analyst to serve as the expert for Anaplan within Private Capital Administration. You will design and maintain models for complex fee calculations, waterfalls, and client reporting, collaborating with accounting, operations, and client service teams.

The role blends finance, analytics, and technology to deliver scalable operating models for sophisticated private capital clients, with a hybrid work model between office and home.

Qualifications

• Bachelor's degree or higher in Finance, Accounting, IS, Business, Economics, or related field.
• Experience designing, building, or supporting Anaplan solutions.
• Strong understanding of financial modeling, data structures, and systems workflows.
• Experience gathering business requirements and translating them into technical solutions.
• Advanced analytical and problem-solving skills.
• Strong communication and stakeholder management abilities.
• Preferred: Anaplan Model Builder or Solution Architect certification.
• Experience supporting private equity, private capital, fund administration, investment operations, or alternative investments.
• Experience with fund waterfalls, carried interest calculations, management fee calculations, or performance fee calculations.

Responsibilities

• Serve as the primary Anaplan subject matter expert for the Private Capital Administration business.
• Design, build, enhance, and maintain Anaplan models supporting management fee calculations, performance fee calculations, and fund waterfall structures.
• Translate business requirements into scalable Anaplan solutions and system enhancements.
• Partner with fund accounting, operations, and client servicing teams to automate and optimize complex processes.
• Support onboarding of new clients with unique fee arrangements, waterfall structures, and reporting requirements.
• Ensure model integrity through testing, validation, documentation, and ongoing governance.
• Troubleshoot model issues, perform root cause analysis, and implement sustainable solutions.
• Identify opportunities to reduce manual processes and improve operational efficiency.
• Act as a liaison between business stakeholders, technology teams, and external consultants when required.
• Provide training and support to end users leveraging Anaplan across the PCA organization.

Skills

Anaplan expertise

Financial modeling

Data analysis

Stakeholder management

Education

Bachelor's degree in Finance, Accounting, Information Systems, Business, Economics, or related field

Tools

Anaplan

Job description

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.

Northern Trust's Private Capital Administration (PCA) team delivers administration, accounting, and investor servicing solutions to private equity, venture capital, real estate, and other alternative investment clients.

As our client base continues to evolve, we are expanding our use of Anaplan to support complex management fee calculations, performance fee calculations, and fund waterfall modeling.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Position Summary

The Anaplan Solutions Analyst will serve as the subject matter expert for Anaplan within the Private Capital Administration business.

This highly specialized role will partner closely with accounting, operations, and client service teams to design, develop, maintain, and enhance Anaplan models supporting private capital fund administration activities.

The successful candidate will blend financial, analytical, and technology expertise to build scalable solutions for complex fee calculations, fund waterfalls, and client‑specific reporting requirements.

This role is ideal for candidates with Anaplan experience gained within financial services, consulting, fund administration, or financial systems environments.

Key Responsibilities

• Serve as the primary Anaplan subject matter expert for the Private Capital Administration business.
• Design, build, enhance, and maintain Anaplan models supporting management fee calculations, performance fee calculations, and fund waterfall structures.
• Translate business requirements into scalable Anaplan solutions and system enhancements.
• Partner with fund accounting, operations, and client servicing teams to automate and optimize complex processes.
• Support onboarding of new clients with unique fee arrangements, waterfall structures, and reporting requirements.
• Ensure model integrity through testing, validation, documentation, and ongoing governance.
• Troubleshoot model issues, perform root cause analysis, and implement sustainable solutions.
• Identify opportunities to reduce manual processes and improve operational efficiency.
• Act as a liaison between business stakeholders, technology teams, and external consultants when required.
• Provide training and support to end users leveraging Anaplan across the PCA organization.

Qualifications

• Required: Bachelor's degree in Finance, Accounting, Information Systems, Business, Economics, or related field.
• Experience designing, building, or supporting Anaplan solutions.
• Strong understanding of financial modeling, data structures, and systems workflows.
• Experience gathering business requirements and translating them into technical solutions.
• Advanced analytical and problem-solving skills.
• Strong communication and stakeholder management abilities.
• Preferred: Anaplan Model Builder or Solution Architect certification.
• Experience supporting private equity, private capital, fund administration, investment operations, or alternative investments.
• Experience with fund waterfalls, carried interest calculations, management fee calculations, or performance fee calculations.
• Background in management consulting, financial systems implementation, or business process transformation.
• Experience working with large datasets and complex financial models.

Working with Us

This role offers the opportunity to become the dedicated Anaplan expert supporting a growing Private Capital Administration business.

The position combines financial services knowledge, technology expertise, and client‑driven solution design to deliver innovative and scalable operating models for sophisticated private capital clients.

Salary Range

Salary Range: $74,700 - 126,900 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).

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.

If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Terms and Conditions

Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America

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), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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 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 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 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 Know Your Rights (U.S.)