Job Description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world\xe2\x80\x99s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world\xe2\x80\x99s most sophisticated clients using leading technology and exceptional service.

Role:

The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. This individual will have a strong Technical and Accounting background, Analytical skills, ability to manage deliverables independently and experience within the Financial Services industry. The position involves preparation and/or review of monthly NAVs and financial statements for different hedge fund clients. It is also desirable for the candidate to have knowledge on regulatory reporting while understanding of NAV and Financial Statements are a must. The position is an individual contributor role directly reporting to Associate Specialist Lead.

Major Duties:

Prepare and review NAV packages for hedge as a Fund Administrator

Prepare and review Operating expense schedules and entries.

Prepare and review financial statements for funds adhering to the jurisdiction norms.

Ensuring deliverables are in adherence to agreed SLAs and SOPs

Act as a subject matter expert for the team

Should be able to handle critical queries/issues and escalate on a timely manner.

Respond quickly and accurately to queries which are highly time sensitive.

Develop action plans for resolution of outstanding issues.

Liaise effectively and independently with Onshore counterparties to resolve discrepancies in a timely and efficient manner.

Should be capable of adding and reviewing various control checks.

Prepare and update SOP, training material, checklists, trackers, etc.

Understand and minimize risks associated with the process.

Ability to work on ad-hoc activities.

Accountabilities:

Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role.

Employees are expected to exercise due care and diligence, ensuring the areas, the incumbent is responsible for, are organized and controlled.

Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties.

Skills:

Strong knowledge of financial products like Hedge funds and its underlying investments like Equity, Fixed Income, Derivatives, TRS, REPO, etc.,

Strong accounting knowledge with understanding of journal entries, financial statements, NAV calculation, operating expenses

Exposure to Fund accounting or auditing of financial statements

Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment.

Strong problem-solving skills detailed and results oriented.

Ability to evaluate priority and multi-task with minimal supervision.

Ability to work effectively with project teams and clients.

Proficiency in MS Office (particularly Excel and Word)

Excellent spoken and written English and the ability to write Business correspondence.

Ability to address internal and external audiences in a professional manner.

Demonstrate high ethical standards.

Time management skills

Qualifications:

Bachelor\xe2\x80\x99s or master\xe2\x80\x99s degree with emphasis in Finance and Accounting, CA/CPA/CMA/CFA is an added advantage.

Minimum 4-6 years of work experience in financial industry with at least 2 years in the Fund Accounting and Reporting Industry

Experience with Hedge Funds, Investment Management and/or Financial Services strongly preferred.

Knowledge of accounting principles and procedures, familiarity with financial markets and instruments

Should be flexible for shifts and extended working hours as per business requirements.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We\xe2\x80\x99d love to learn more about how your interests and experience could be a fit with one of the world\xe2\x80\x99s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .

We hope you\xe2\x80\x99re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Northern Trust