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.
Role
Private Equity Fund Administration (PEFA) provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds.
Evaluates and reconciles complex funds including mutual, commingled, and collective for production of client month-end reports or for daily valuation.
Verifies complex transactions, audits income reports within scheduled timeframes and resolves exceptions on a daily basis for fund accounts
Core competencies and skills required
- Understanding of day to day operational activities of fund of fund investments & private equity.
- Liaison effectively with team members, internal groups and external counterparties
- Demonstrate through examples /evidence analytical ability, problem solving, day-to-day task management and escalation of issues
- Good Accounting and financial reporting knowledge is must
- Self-starter with the ability to function independently in a rapid-paced, dynamic and demanding environment.
- Ability to handle multiple tasks under extremely time sensitive conditions.
Major duties and key responsibilities
- To have a thorough understanding of the theoretical and technical nature of fund accounting and administration especially