Northern Trust

Team Lead, Senior Consultant, Fund Administrator, Hedge Fund Services

Chicago, IL
24 Apr 2024
15 May 2024
Contract type
Full time
Experience level
Qualified accountant

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. 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.

Major Duties:

  1. Has a secondary focus of supervising people while still doing work. The supervisor related work includes training new employees or those with lesser experience, reviewing work of others, and providing regular feedback and coaching to employees.
  2. Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
  3. Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
  4. Review of monthly fund and business entity closing summaries.
  5. Report and analyze financial data to be disseminated to our clients and their investors.
  6. Close monthly books and records of the funds to general final performance figures.
  7. Interact with clients and other Hedge Fund Services teams to obtain understanding of funds activities.
  8. Prepare financial statements for funds.
  9. Work directly with external auditors to ensure accuracy of each fund’s annual financial statements.
  10. Assist in building a high-performance team through learning, development, mentoring and recruiting.
  11. Operates independently; has in-depth knowledge of business unit / function.
  12. As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.
  13. Carries out activities that are large in scope, cross-functional and technically difficult.
  14. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities.
  15. Conducts performance management and career development processes, and staffing and disciplinary actions.


  • 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
  • Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff.


  • A College or University degree and/or relevant proven work experience is preferred.
  • Related Industry qualification (e.g. ACCA) is preferred

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us.

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Talk to us about your flexible working requirements and together we can achieve greater.

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

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