Analyst, Alt Investments (Finance)
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.
Position Summary:
We are seeking a detail-oriented and highly motivated Reconciliation Analyst to join our Alternative Investments Syndicated Bank Loans Team. This role plays a critical part in ensuring accurate position data by reconciling Northern Trust's records with those of Investment Managers, and third-party vendors. In this role you will also be responsible for processing pending trades and capitalized interest transactions-supporting the accuracy and integrity of loan activity and balances. This role is ideal for individuals looking to build a foundation in financial operations within a dynamic, high-accountability environment.
Key Responsibilities:
- Perform daily position reconciliations across assigned accounts using internal reconciliation tools and Microsoft Office applications.
- Research, identify, and resolve position breaks and exceptions between Northern Trust, Investment Managers, and vendor data.
- Respond promptly and professionally to internal and external email inquiries.
- Process and validate pending trades and capitalized interest transactions to ensure timely and accurate updates to loan positions.
- Collaborate with Investment Managers and internal departments (e.g. accounting, client services) to address breaks and data discrepancies.
- Document reconciliation findings, resolution steps, and track outstanding issues.
- Assist in special projects and process improvement initiatives as assigned.
- Gain fluency in internal systems, proprietary software, and reconciliation tools to support daily workflows.
Qualifications:
Required:
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- Excellent attention to detail and strong analytical/problem-solving skills
- Effective communication skills (both verbal and written)
- Proficient in Microsoft Excel and general Office applications
- Ability to manage time effectively, prioritize tasks, and work under deadlines
- Strong sense of ownership, initiative, and accountability
Preferred:
- Internship/work experience or academic experience in finance, accounting, loan servicing, or trade operations
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 and apply today. #MadeForGreater
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 MyHRHelp@ntrs.com .
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.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
