Senior Consultant, Private Markets & Alternatives

ACCA Careers; Chicago (IL); On-site; USD 83,000 - 141,000; Full time

Job summary

Northern Trust is seeking a Sr. Consultant in Alternative Investments and Privates within Integrated Portfolio Services in Chicago.

The role focuses on day-to-day client fund administration across fund-of-funds, hedge funds, private equity, and private debt, ensuring timely processing, reconciliations, reporting, and issue resolution. You will collaborate with clients, investment managers, custodians, auditors, and internal teams to strengthen controls, data quality, and automation, while

Qualifications

• Experience with alternative investments operations and fund activity.
• Strong knowledge of investment accounting concepts and lifecycle events.
• Excellent written and verbal communication; able to liaise with clients and partners.

Responsibilities

• Process and oversee investment activity and lifecycle events across private investments.
• Perform reconciliations of cash, positions, and valuations with internal and external sources.
• Analyze discrepancies, identify root causes, and coordinate resolutions with stakeholders.
• Prepare client reports ensuring data quality and timeliness.
• Lead or support projects to improve efficiency and automation.

Skills

Alt investments ops

Investment accounting

Analytical skills

Communication

Multitasking

Excel macros

Education

Bachelor's in Finance

MBA/CFA/CAIA preferred

Tools

Excel

Workflow automation

Fund administration

Job description

Northern Trust is seeking a Sr. Consultant in Alternative Investments and Privates within Integrated Portfolio Services in Chicago.

The role focuses on day-to-day client fund administration across fund-of-funds, hedge funds, private equity, and private debt, ensuring timely processing, reconciliations, reporting, and issue resolution. You will collaborate with clients, investment managers, custodians, auditors, and internal teams to strengthen controls, data quality, and automation, while