Specialist, Fund Administrator, Hedge Fund Services at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Hedge FundsIndustries

10+ years of experience in fund administration role preferred
College/University or Master’s degree in Accounting, Business or Finance
Proficient in Microsoft Office Suite
Additional certifications (i.e. CFA, CPA) are advantageous but not required
Technical Expertise in Fund Administration – strong knowledge of fund structures, NAV calculations, reconciliations, and valuation inputs/policies
Analytical Skills and Attention to Detail – precision in handling client data and a keen eye for spotting inconsistencies or potential errors
Problem-Solving and Adaptability – resourcefulness in resolving issues that arise and flexible to adapt to changes in workload priority as client needs change
Project Management and Organizational Skills – ability to handle multiple tasks, prioritize effectively, and meet strict deadlines. Strong organizational skills to manage workflow efficiently and provide backup support as needed
Cross-Team Collaboration – ability to work effectively with other teams with clear and effective communication skills to explain complex processes
Commitment to Continuous Improvement – a proactive approach to identifying inefficiencies and recommending process improvements

Fund Administration Support – perform and oversee daily fund administration tasks as needed including account reconciliations, NAV calculations, financial statement reviews, and independent price testing to ensure timely and accurate completion of deliverables
Cross-Team Collaboration – serve as an expert resource within the dedicated client team, providing back up support, assisting with complex client needs and driving cross functional projects as assigned
Operational Bench Strength – act as a flexible resource within the fund administration team stepping in to handle key tasks during periods of increased volume, staffing transitions, or specialized project needs
Process Improvement – identify and recommend process enhancements to improve accuracy, efficiency, and scalability within the fund administration workflows, working closely with internal teams and client to implement best practices
Documentation and Training – create and maintain comprehensive documentation for all fund administration processes and lead training sessions to strengthen overall team knowledge and bench depth