Senior Consultant , Performance Fees

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Overview

This role provides specialist expertise on performance fee methodologies across Northern Trust’s Luxembourg Fund Accounting business. It plays a key role in supporting new business, fund launches, model implementation, automation initiatives and governance, while acting as a trusted advisor to internal stakeholders and clients on complex performance fee matters.

Given the complexity of alternative, semi-liquid and hybrid fund structures, the role requires deep expertise in performance fee calculations, regulatory requirements, fund documentation and operational processes.

Key Responsibilities

• Act as the subject matter expert for complex performance fee methodologies and structures.
• Support fund launches, client onboarding and transitions, ensuring operational readiness.
• Review fund documentation and client requirements to ensure accurate fee model implementation.
• Approve performance fee models, calculations and methodology changes.
• Provide guidance to Fund Accounting, Relationship Management, New Business, clients and senior stakeholders.
• Identify and manage operational risk, controls and governance requirements.
• Support automation, process improvement and strategic change initiatives.
• Partner with Audit, Risk and Compliance on reviews, regulatory matters and remediation activities.
• Maintain procedures, training materials and best practice guidance.
• Contribute to the ongoing development of Northern Trust's global performance fee operating model.

Skills & Experience

• Significant experience in Fund Accounting, Performance Fees, Private Markets or Investment Operations.
• Strong technical knowledge of performance fee methodologies and governance.
• Experience supporting complex fund structures and reviewing legal documentation.
• Understanding of relevant regulatory requirements and operational controls.
• Strong stakeholder management and client-facing experience.
• Experience leading or supporting change, transformation or automation initiatives.
• Strong analytical, communication and presentation skills.
• Advanced Excel skills; relevant professional qualifications preferred.

Personal Attributes

• Recognised technical expert with strong problem-solving abilities.
• Collaborative, influential and client-focused.
• Strong mentor and coach with excellent communication skills.
• Organised, resilient and able to prioritise effectively.
• Committed to continuous improvement, innovation and professional development

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.