Fund Accounting, Business Process Analyst/Consultant

The Fund Administration Consultant reviews and analyzes fund accounting operational procedures, processes and problems and proposes systems changes to increase productivity and efficiency and decrease risk. Leads and interacts with staff in both Technology and Operations to provide Production Support, formulate solutions to business problems, create new products, and reengineer existing processes to ensure client needs are met and root causes of errors are eliminated. Serves on medium-to-large projects. Serves as the first point of technical contact for the accounting system and related tools and applications. Gathers and creates business requirements for proposed changes, creates detailed test plans and scripts, performs comprehensive testing of proposed changes, and prepares the business groups for the installation of system changes. Carries out relatively complex, extensive, high profile activities e.g. direct interaction with committees and more senior management. May lead enterprise wide projects and/or train lower level staff. Operates under general supervision but works on own most of the time.

Knowledge/Skills

• An in-depth knowledge of mutual fund accounting operations, usually acquired through experience in related areas, is necessary in order to recommend process improvements and effectively assess their impact on the business groups.
• Knowledge of mutual fund accounting systems, usually acquired through formal training or experience, is required to assess automation possibilities.
• Advanced analytical skills are required to evaluate effectiveness of processes, to effectively assess detailed test results, and to troubleshoot problems with existing processes.
• Communication skills are required to work effectively with Technology and Operations partners to gather and document requirements for changes and to successfully communicate those changes to business users.
• Organizational skills are required to successfully navigate projects through the entire software development life cycle.
• Demonstrates excellent analytical, consultative, communication and judgment skills.

Major Duties

• Reviews documents, existing procedures, and processes and recommends where automation or improved processes can be implemented.
• Designs and develops new products & procedures when appropriate.
• Assesses and analyzes impact of proposed changes on workflow and on staff. Designs and develops documentation to support changes and provides training where necessary.
• Investigates and identifies root causes of system and application errors. Re-engineers processes to ensure that client needs are met and efficient processes are in place.
• Meets with business representatives and technology partners to gather requirements for proposed changes, writes detailed business requirements for changes, develops detailed test plans, performs comprehensive testing on changes, and prepares the business groups for the installation of changes.
• Provides systems support to the business groups for the accounting system and related tools and applications.

• Five years of experience in the financial services industry.
• Experience in mutual fund accounting operations and experience with mutual fund accounting systems, particularly FIS products, is ideal.

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With more than 130 years of financial experience and over 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Global Fund Services:

Global Fund Services (GFS) is a full-service provider of fund solutions to investment manager and fund company clients around the world. North America GFS Operations provides Fund Accounting and Administration, Custody Servicing, Investment Outsourcing Operations, Transfer Agency, and Investor Servicing. Our expert team of 900 partners across North America are solutions-oriented, innovative, and passionate about servicing clients and helping them execute their business strategies. We commit ourselves to ensuring our partners reach their full potential.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies. Build your career with us and apply today.

For further information, and to apply, please visit our website via the “Apply” button below.