Consultant, Alternative Asset Services

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

Benefits offered by this job

401k and Pension

Health, Dental & Vision

Paid time off

Parental leave

Life & Disability insurance

Well-being programs

Discretionary bonus

Job summary

Northern Trust in Tempe, AZ is seeking an analyst to support hedge fund servicing processes, deliver quality results for small to mid-sized clients, and contribute to data management, performance reporting, and regulatory compliance.

You will analyze data, review documents, and coordinate with peers and managers to ensure timely service delivery while following policies and controls. Bachelor's degree and 3+ years' experience required.

Qualifications

• Bachelor’s degree required; typically 3+ years of relevant experience.
• Equivalent experience and role-specific certifications may be considered where applicable.
• Strong analytical abilities and attention to detail.

Responsibilities

• Completes hedge fund servicing processes accurately and on time per guidelines.
• Supports small to mid-sized clients within alternative asset services.
• Analyzes operational, data, performance, or reporting information and evaluates solutions.
• Monitors timelines, communicates updates, and coordinates with peers and managers.
• Applies understanding of business drivers to support data management and reporting.
• Reviews data, documents, transactions, and reconciliations for accuracy and controls.
• Contributes to team performance by sharing information and coordinating deliverables.
• Builds working relationships with peers and senior staff as needed.
• Identifies opportunities to improve workflows and supports practical solutions.
• May guide new team members and ensure adherence to policies.

Skills

Analytical thinking

Attention to detail

Communication skills

Microsoft Excel

Data analysis

Problem solving

Education

Bachelor's degree

3+ years of relevant experience

Tools

Microsoft Office

Data visualization tools

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, completeness, 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 own 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.
• -#LI-Hybrid -#LI-GG1

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

Salary Range: $70,490 - 119,890 USD. Salary range is a good faith estimate of base pay.

Benefits

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.

Bonus Program

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

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.

Looking for greater?

You found it.

Corporate Scale

A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice.

California Applicant Privacy Notice

Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure - North America.

Reasonable Accommodation (repeated)

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.