ACCA Careers
Associate Specialist, Investor Services, Hedge Fund Services
ACCA Careers, Chicago, Illinois, United States, 60290
Associate Specialist, Investor Services, Hedge Fund Services
Northern Trust, a Fortune 500 company, is a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Responsibilities
Oversight of accurate and timely processing of all capital activity transactions including subscriptions, redemptions, transfers and private equity commitment calls and distribution processing. Ownership of more complex clients and fund structures.
Onboard new clients and help train and migrate new business to standardized processes. If divergence is needed, ensure proper transparency and efficient design.
Understand current manual processes and risk points and work to improve as necessary.
Drive Hydra testing and implementation of program.
Liase with Business Teams, PMs and other Specialists to execute on respective prioritized projects.
Operate independently; has in-depth knowledge of business unit/function.
Focus on operational risk and profitability by automating manual processes/calculations and recommending procedures to improve our integration environment and corresponding testing.
A subject‑matter expert on HFS’ proprietary system to answer questions on functionality/capability to assist with business problem solving.
Work with HFS’ internal shared service teams to resolve investor‑related questions or improve workflow between teams.
Perform discovery due diligence with clients to gather requirements, write the back‑ and middle‑office business requirements and test code releases in both HFS’ integration and production environments.
Partner with HFS IT’s external vendor on development approach related to new functionality.
Interact with the client during the discovery and on‑boarding phases.
Qualifications
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 (e.g. PeopleSoft) is required.
A college or university degree and/or relevant proven work experience is required/preferred. Related industry qualification (e.g. ACCA) is required/preferred.
Benefits
Salary range: $95,600 – $162,400 USD.
Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well‑being benefits.
Discretionary bonus program that may include an equity component.
#J-18808-Ljbffr
Responsibilities
Oversight of accurate and timely processing of all capital activity transactions including subscriptions, redemptions, transfers and private equity commitment calls and distribution processing. Ownership of more complex clients and fund structures.
Onboard new clients and help train and migrate new business to standardized processes. If divergence is needed, ensure proper transparency and efficient design.
Understand current manual processes and risk points and work to improve as necessary.
Drive Hydra testing and implementation of program.
Liase with Business Teams, PMs and other Specialists to execute on respective prioritized projects.
Operate independently; has in-depth knowledge of business unit/function.
Focus on operational risk and profitability by automating manual processes/calculations and recommending procedures to improve our integration environment and corresponding testing.
A subject‑matter expert on HFS’ proprietary system to answer questions on functionality/capability to assist with business problem solving.
Work with HFS’ internal shared service teams to resolve investor‑related questions or improve workflow between teams.
Perform discovery due diligence with clients to gather requirements, write the back‑ and middle‑office business requirements and test code releases in both HFS’ integration and production environments.
Partner with HFS IT’s external vendor on development approach related to new functionality.
Interact with the client during the discovery and on‑boarding phases.
Qualifications
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 (e.g. PeopleSoft) is required.
A college or university degree and/or relevant proven work experience is required/preferred. Related industry qualification (e.g. ACCA) is required/preferred.
Benefits
Salary range: $95,600 – $162,400 USD.
Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well‑being benefits.
Discretionary bonus program that may include an equity component.
#J-18808-Ljbffr