Northern Trust US | Analyst, Alt Investments

Responsibilities

• 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.
• This role is ideal for individuals looking to build a foundation in financial operations within a dynamic, high-accountability environment.
• Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
• 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.
• 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.
• Collaborate with Investment Managers and internal departments (e.g. accounting, client services) to address breaks and data discrepancies.
• Assist in special projects and process improvement initiatives as assigned.
• Process and validate pending trades and capitalized interest transactions to ensure timely and accurate updates to loan positions.
• Document reconciliation findings, resolution steps, and track outstanding issues.
• Work schedule will be congruent to our Chicago office hours (start time will be 6:30am/7:30am depending on Daylight Savings)

Requirements

• 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.
• Internship/work experience or academic experience in finance, accounting, loan servicing, or trade operations.

Northern Trust US

Northern Trust US is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Chicago, Tempe, New York and Miami.

• Industry: BFSI / Investments / Insurance