Northern Trust · 2 months ago
Associate Specialist, Financial Control, Hedge Fund Services
Chicago, IL
Full-time
Onsite
Mid Level
$96K/yr - $162K/yrNorthern Trust is a globally recognized financial institution that has been in continuous operation since 1889. They are seeking an Associate Specialist in Financial Control to manage financial data, prepare statements, and interact with clients to ensure accurate reporting and compliance.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Review of monthly fund and business entity closing summaries or other client data as applicable
Report and analyze financial data to be disseminated to our clients and their investors
Close monthly books and records of the funds to general final performance figures as applicable
Interact with clients and other Hedge Fund Services teams to obtain understanding of funds¿ activities
Prepare financial statements for funds as applicable
Work directly with external auditors to ensure accuracy of each fund¿s annual financial statements as applicable
Focus of role is on execution of strategic direction of business function activities
Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
Qualification
Required
Seasoned multi-disciplinary expert with extensive technical and business knowledge and functional expertise (e.g. tax, regulatory)
Review of monthly fund and business entity closing summaries or other client data as applicable
Report and analyze financial data to be disseminated to our clients and their investors
Close monthly books and records of the funds to general final performance figures as applicable
Interact with clients and other Hedge Fund Services teams to obtain understanding of funds' activities
Prepare financial statements for funds as applicable
Work directly with external auditors to ensure accuracy of each fund's annual financial statements as applicable
Focus of role is on execution of strategic direction of business function activities
Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
Excellent oral and written communication skills are required
In-depth Functional / Industry Knowledge is required
Highly flexible and adaptable to change
Technical skills / systems knowledge is required
Preferred
A College or University degree and/or relevant proven work experience is preferred
Related Industry qualification (e.g. ACCA) is preferred
Benefits
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
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component
Company
Northern Trust
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking.
Founded in 1889
10001+ employees
H1B Sponsorship
Northern Trust has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (180)
2024 (203)
2023 (102)
2022 (74)
2021 (298)
2020 (83)
Funding
Current Stage
Public CompanyTotal Funding
$1.25B2025-11-20Post Ipo Debt· $1.25B
1978-01-13IPO
Leadership Team
Michael O'Grady
President, Chief Executive Officer & Director
Peter Cherecwich
Chief Operating Officer
Recent News
Business Wire
2026-01-16
2026-01-16
Business Wire
2025-12-18
Company data provided by crunchbase