Analyst, HFS

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 48,000 - 72,000 annuallyFunction: Business OperationsEducation: bachelorsSkills: ["Independence","Teamwork","Client focus","Attention to detail","Communication"]

Support Northern Trust Hedge Fund Services’ private credit fund administration and middle-office operations. Execute operational processes for bank loan trade closing and trade management on ClearPar, process lifecycle events and reconciliations, and monitor bank debt positions to support accurate P&L reporting. Partner with clients, counterparties, and agents to deliver high-quality client service in a fast-paced environment, using strong process discipline and communication.

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FursaFursa
Northern Trust
Northern Trust
13 hours ago

Analyst, HFS

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Last checked: 13 hours agoStatus: Live

Job Summary

Support Northern Trust Hedge Fund Services’ private credit fund administration and middle-office operations. Execute operational processes for bank loan trade closing and trade management on ClearPar, process lifecycle events and reconciliations, and monitor bank debt positions to support accurate P&L reporting. Partner with clients, counterparties, and agents to deliver high-quality client service in a fast-paced environment, using strong process discipline and communication.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Business Operations
Seniority: Mid level

Key Responsibilities

  • •Support multiple clients in a fast-paced, demanding environment.
  • •Liaise with clients, counterparties, and agents to facilitate syndicated bank loan trading activity closing on ClearPar.
  • •Verify, process, and reconcile trading and lifecycle activities.
  • •Monitor and maintain bank debt positions to ensure accurate P&L for financial reporting.
  • •Build and strengthen internal and external relationships.

Pay and Benefits

Salary: USD 48,000 - 72,000 annually
Equity and Bonus:Equity
Perks:Retirement Benefits401kPensionHealth InsuranceDentalVisionSpending AccountsDisabilityPaid LeaveParental LeaveCaregiver LeaveLife Insurance

Key Requirements

  • •Bachelor’s degree in Finance, Accounting, or a related field with a 3.0 GPA or higher.
  • •Operations experience in the financial services industry or relevant proven work experience (preferred).
  • •Ability to handle multiple tasks simultaneously with accuracy.
  • •Ability to meet time-sensitive deadlines with appropriate urgency.
  • •Proficient with Microsoft Excel and other MS Office applications.
Experience:Hedge fundsPrivate equityCLOsPrivate creditFinancial services
Education:Bachelor's in Finance, Accounting
Skills:IndependenceTeamworkClient focusAttention to detailCommunication
Tech Stack:Microsoft ExcelMS OfficeClearPar

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
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Glassdoor: 3.9
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