Consultant, Alternative Asset Services

Northern Trust; Tempe (AZ); On-site; USD 70,000 - 120,000; Full time

Job summary

Northern Trust in Tempe is hiring to support hedge fund servicing processes for small to mid-sized, less complex clients and internal relationships. You will analyze data, performance reporting, and ensure accurate data management while coordinating with peers and managers to meet timelines.

The role emphasizes using technical experience, judgment, and adherence to policies, with opportunity to contribute to process improvements and support colleagues as needed.

Qualifications

• Bachelor’s degree is required and typically 3+ years of relevant experience.
• Strong analytical and organizational skills with attention to detail.

Responsibilities

• Completes hedge fund servicing processes accurately and on time.
• Supports small to mid-sized, less complex clients and accounts.
• Analyzes data, performance, or reporting information to evaluate solutions.
• Monitors progress, communicates updates, and coordinates with peers/managers for timely service delivery.
• Ensures data management, performance reporting, and operations align with controls.

Skills

Problem solving

Analytical skills

Communication skills

Microsoft Office

Independent work

Education

Bachelor’s degree

Tools

Microsoft Office

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.

Summary

Supports assigned processes or programs and delivers quality results for small to mid-sized, less complex clients, accounts, projects, analyses, or internal relationships related to alternative asset classes, including hedge funds. Works independently in straightforward situations, using job knowledge, technical experience, and judgment to analyze options, solve problems, and complete work within guidelines and policies. Understands key business drivers, collaborates with peers and managers, and may provide informal guidance to newer team members while supporting data management, performance reporting, and compliance with applicable regulations

DUTIES & RESPONSIBILITIES

1. Completes assigned hedge fund servicing processes or programs accurately and on time by applying established guidelines, policies, procedures, and priorities.
2. Supports small to mid-sized, less complex clients, accounts, projects, analyses, or internal relationships within alternative asset services.
3. Analyzes operational, data, performance, or reporting information and evaluates possible solutions using technical experience, judgment, and precedent.
4. Monitors progress against timelines and expectations, communicates updates, and coordinates with peers and immediate managers to support timely hedge fund service delivery.
5. Applies understanding of key business drivers and functional objectives to support accurate data management, performance reporting, and operational execution.
6. Reviews data, documents, transactions, reconciliations, or project activities for accuracy, consistency, and adherence to established controls.
7. Contributes to team performance by sharing information, coordinating activities, and following through on deliverables that support hedge fund servicing outcomes.
8. Builds tactical working relationships with peers, immediate managers, and related teams, with some exposure to senior staff as needed.
9. Identifies opportunities to improve workflows or existing processes and supports practical solutions that enhance efficiency, consistency, control, or service quality.
10. May provide informal guidance to new team members on processes, tools, and day-to-day work while remaining accountable for individual contributions.
11. Performs all duties according to established policies, procedures and regulatory requirements.

KNOWLEDGE/SKILLS

• Expanded conceptual knowledge of principles, practices, procedures, and systems within the job discipline.
• Ability to solve problems in straightforward situations by analyzing options and applying technical experience, judgment, and precedent.
• Understanding of key business drivers and how own work supports team, functional, or client objectives.
• Ability to influence timelines, expectations, and work outcomes within the function through effective coordination and follow-through.
• Strong analytical and organizational skills, with attention to detail and the ability to manage multiple priorities within established guidelines.
• Effective written and verbal communication skills for building tactical relationships with peers, immediate managers, and other stakeholders.
• Ability to work independently on assigned responsibilities while collaborating effectively with others across the team or function.
• Ability to identify process improvement opportunities and support implementation of practical, policy-aligned solutions.
• Proficiency with Microsoft Office tools and other job-related systems used to support processes, programs, and reporting.

EDUCATION/EXPERIENCE

• Bachelor’s/University degree required.
• Typically 3+ years of relevant experience.
• Equivalent experience and any role-specific certifications or licenses may be considered where applicable.

Salary Range:

$70,490 - 119,890 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).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

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.