At a Glance
- Tasks: Manage client relationships and deliver high-quality fund administration services.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunities for career growth and a collaborative workplace culture.
- Why this job: Be part of a dynamic team making an impact in the Private Equity sector.
- Qualifications: Experience in fund administration and strong organisational skills required.
The predicted salary is between 55000 - 65000 £ per year.
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.
Role / Department
An opportunity has arisen within Northern Trust’s Private Equity Operations team. This role sits within the administration team and supports the delivery of a high‑quality service to Private Equity clients, including complex structures and active investment portfolios. The Consultant (Senior Fund Administrator) will work closely with internal teams and Investment Advisors, managing cash management, investor administration, and client deliverables, while ensuring deadlines, controls, and KPIs are met.
Key Responsibilities
- Client & Operational Delivery
- Act as a primary point of contact for clients, Investment Advisors, and third parties
- Develop a strong understanding of client structures and bespoke requirements
- Deliver and coordinate key client tasks, including complex and project‑based activities
- Work collaboratively with internal teams to ensure timely delivery of all client outputs
- Resolve complex operational queries and escalate issues as required
- Fund & Investor Administration
- Perform end‑to‑end investor administration including capital calls, distributions, transfers, closings, tax reporting, and audit confirmations
- Manage daily and ad‑hoc cash management, FX processing, invoice payments, loan facility amendments, and monthly reconciliations
- Undertake AML/KYC reviews, including higher‑risk investors
- Carry out signatory responsibilities, including review and approval of bank‑related updates
- Team & Oversight Responsibilities
- Manage assigned mailboxes and prioritise workload effectively
- Support and review the work of junior team members
- Provide on‑the‑job training and assist with task rotation across the team
- Company Secretarial & Governance
- Attend board meetings and prepare minutes
- Support SPV formation and ongoing entity administration
- Ensure adherence to constitutional documents, internal controls, and company policies
- Risk, Controls & Process Improvement
- Identify process improvements and operational efficiencies
- Ensure effective use of systems and technology
- Work with Compliance and Legal to maintain regulatory compliance
- Escalate service delivery risks and operational issues appropriately
- Act as a subject matter expert and support departmental initiatives as required
Skills & Experience
- Previous experience as a Senior Fund Administrator, ideally with signatory responsibility
- Strong understanding of fund administration and Private Equity structures
- Excellent organisational skills with the ability to manage multiple priorities
- Strong analytical and problem‑solving capability
- Confident communicator, including presenting to small groups
- Advanced Excel skills; Investran experience an advantage
- Industry knowledge of financial instruments, regulations, and local laws
- Business or financial services qualification (or working towards) desirable
- Self‑motivated team player, able to work under pressure with minimal supervision
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.
Senior Fund Administrator, Private Equity employer: Northern Trust
Northern Trust is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the Private Equity Operations team. With a commitment to employee growth, we provide extensive training opportunities and support for professional development, all while maintaining a culture of integrity and excellence. Located in a vibrant financial hub, our employees benefit from access to leading technology and a diverse range of sophisticated clients, making every day at Northern Trust both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Fund Administrator, Private Equity
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Northern Trust. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Fund Administrator, Private Equity
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Northern Trust.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Northern Trust's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Northern Trust
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Northern Trust.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Northern Trust will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Northern Trust employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
