Analyst, Private Equity Accounting

The Alternative Fund Services, Private Equity Accounting team manages the fund administration functions for all private equity investment funds within an operational environment. The Analyst is responsible for identifying and resolving problems within established guidelines and procedures. The incumbent is responsible for posting data/records for fund transactions, establishing new/existing investor accounts, and engaging with clients on routine informational matters. This is an entry level position with the opportunity to develop professionally.
Major Duties:
1. Post data for fund transactions and establishes new/existing investor accounts
2. Engage with clients in a consultative role on routine informational matters
3. Identify and resolve problems within established guidelines and procedures
4. Provide management with information and analysis
5. Expected to post investors' records/data accurately within our proprietary system as directed by our clients
6. Expected to use some initiative but refer more complex problems to supervisors
7. Works effectively as a team member, but also independently as assigned project lead
Good oral and written communication skills are required Analytical and problem solving skills are required Attention to details with accuracy and precision skills is required Ability to interpret and understand data are required Ability to work in a fast-paced environment Ability to effectively utilize Microsoft Productivity Tools: Excel, Word, and Outlook programs within an operational environment Basic Functional/Industry Knowledge is preferred
A College or University degree and/or some relevant work experience is preferred
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of September 30, 2018, Northern Trust Corporation had:
$10.8 trillion in assets under custody/administration
$8.2 trillion in assets under custody
$1.2 trillion in assets under management
$132 billion in banking asset

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.