ZipRecruiter

Log In

1

Fund Administration Associate Jobs in Illinois (NOW HIRING)

SS&C

Sales Executive Fund Administration

Chicago, IL · On-site

Associate Director Locations : Boston, San Francisco, Chicago, NYC, Atlanta, Dallas, Los Angeles ... Understanding of fund administration, middle office and related services * A self-starter mindset

Standish Management

Associate

Chicago, IL · On-site

$62K - $67K/yr

We are a provider of specialized fund administration services for Managers and General Partners of ... Standish Management is looking for associates to join our fund administration team. With guidance ...

Standish Management

Associate

Chicago, IL

$62K - $67K/yr

Standish Management is looking for associates to join our fund administration team. With guidance from the team members, the Associate oversees the administrative support and the investor relations ...

Standish Management

Senior Associate

Chicago, IL · On-site

$70K - $85K/yr

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy-out, Venture Capital, Real Estate and Fund-of- Funds. For ...

Standish Management

Engagement Manager

Chicago, IL · On-site

$100K/yr

We are a provider of specialized fund administration services for Managers and General Partners of ... Associate in matters of fund accounting, capital account maintenance and financial statement ...

Alter Domus

Funds US Manager - Real Estate

Chicago, IL · On-site

$80 - $130/hr

Training, reviewing and oversight of Analyst/Associate/Senior Associates staff dedicated to your ... Direct fund administration experience, exposure to private equity, credit, and real estate funds ...

New

Ounce of Prevention Fund

Program Associate

Chicago, IL · On-site

Program Associate The Ounce of Prevention Fund is one of Chicago's mostenergized, future-focused ... Minimum of three years experience in program and/or non-profit administration, including at least ...

next page

Showing results 1-20

All JobsFund Administration Associate JobsFund Administration Associate Jobs in Illinois

Fund Administration Associate information

See Illinois salary details

$10

$19

$30

How much do fund administration associate jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for fund administration associate in Illinois is $19.65, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $21.73 per hour, depending on experience, location, and employer.

What does a fund administration associate do?

A Fund Administration Associate is responsible for supporting the day-to-day operations of investment funds. Their tasks typically include processing transactions, maintaining accurate records, preparing financial statements, and ensuring compliance with regulatory requirements. They also assist with net asset value (NAV) calculations, liaise with auditors, and respond to client inquiries. This role is crucial in ensuring the smooth administration and reporting of investment funds for asset managers and investors.

What are some typical challenges faced by a fund administration associate, and how can they be addressed?

Fund Administration Associates often handle multiple funds simultaneously, which can lead to tight deadlines and the need to manage competing priorities. Accurate data entry and reconciliation are crucial, as errors can impact client reporting and compliance. To address these challenges, it's important to develop strong organizational skills, stay current with fund regulations, and communicate effectively with both internal teams and external clients. Utilizing technology tools and checklists can also help ensure accuracy and efficiency in daily tasks.

What are the key skills and qualifications needed to thrive as a fund administration associate, and why are they important?

To thrive as a Fund Administration Associate, you need strong analytical skills, attention to detail, and a degree in finance, accounting, or a related field. Familiarity with fund accounting software (such as Investran or Advent Geneva), Microsoft Excel, and relevant regulatory compliance frameworks is typically required. Strong organizational skills, the ability to communicate effectively, and a client-focused mindset help set top performers apart. These skills are crucial for ensuring accurate fund reporting, meeting tight deadlines, and maintaining compliance in a highly regulated financial environment.

What is the difference between Fund Administration Associate vs Fund Accountant?

AspectFund Administration AssociateFund Accountant
CredentialsTypically requires a bachelor's degree in finance, accounting, or related fieldRequires a bachelor's degree, often with CPA or accounting certifications
Work EnvironmentFinancial services firms, asset management companies, hedge fundsInvestment firms, asset managers, hedge funds
Primary ResponsibilitiesSupporting fund operations, client reporting, compliance, and data managementPreparing financial statements, calculating NAV, reconciling accounts

The Fund Administration Associate and Fund Accountant roles share similar educational backgrounds and work environments within the asset management industry. While both handle fund data and reporting, the Associate focuses more on supporting operations and client interactions, whereas the Fund Accountant specializes in financial calculations and accounting tasks. Understanding these distinctions helps candidates target the right role based on their skills and career goals.

What are popular job titles related to Fund Administration Associate jobs in Illinois?

For Fund Administration Associate jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Fund Administration Associate jobs in Illinois look for?

The top searched job categories for Fund Administration Associate jobs in Illinois are:

What cities in Illinois are hiring for Fund Administration Associate jobs?

Cities in Illinois with the most Fund Administration Associate job openings:

Fund Administration Associate jobs near you
Infographic showing various Fund Administration Associate job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $40,866 per year, or $19.6 per hour.

Manager of Fund Administration

Chicago, IL • On-site

Calamos Investments LLC
Finance and Insurance • 201 - 500 employees
Learn more about Calamos Investments LLCexternal

$125K - $145K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago

Job description

About Calamos

Calamos is a diversified, global asset and wealth management firm offering a wide range of innovative investment strategies. As one of the top liquid alternative asset managers in the world, Calamos maintains dedicated investment teams across all asset classes, with global research capabilities and access to specialized private and public markets. Calamos offers investment strategies and personal wealth management solutions through separately managed portfolios, mutual funds, ETFs, closed-end funds, interval funds, private funds, and UCITS funds. Clients include major corporations, pension funds, endowments, foundations, and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area (with offices in both Naperville and Fulton Market in Chicago), the firm also maintains offices in New York, San Francisco, Milwaukee, Portland, and the Miami area.

Summary of the Role

The Manager/ Assistant Treasurer is responsible for overall accounting, financial reporting, and administration of assigned funds/tasks within the Fund Administration Department.  This includes accountability to all areas of the company.

Primary Responsibilities
  • Fund Administration/Accounting experience with ETFs, Open End, Closed End, Interval Fund or UCITS Funds required.  ETF experience a plus.
  • Assist with overseeing relationships with key service providers including fund accounting/administrator, transfer agent, custodial, printer, and independent auditors to assigned funds.
  • Review accuracy and completeness of key deliverables prepared by the service providers and perform reviews on other periodic internal reporting
  • Ensure fund reporting deliverables are met including regulatory reporting and filings.
  • Perform reviews of periodic financial statements prepared by the service providers to ensure accuracy, completeness, and compliance with GAAP.
  • Work with service providers, internal team members, and other Calamos departments to resolve accounting, financial reporting, compliance, or other operational issues, as identified.
  • Review of nightly pricing and sign off of  NAVs produced by third party administrator.
  • Coordinate the review of fund expenses and ensure timely payment.
  • Understanding of mutual-fund tax and compliance requirements a plus.
  • Assist in ensuring internal controls are followed and processes sufficiently documented.
  • Assist with training junior Fund Administration associates.
  • Participate in special projects and perform related initiatives as assigned.
  • Assist in preparation and procurement of fund board materials.
  • Assist with leverage monitoring and requests.
  • Perform related duties as assigned.
Preferred Qualifications
  • Bachelor’s in accounting or related Business field required.
  • CPA preferred, but not required.
  • 10-15 years of fund administration or mutual fund experience.
  • Fund accounting/admin experience with audit firm or third-party administration. General fund administration experience preferred.
  • Demonstrated initiative in quickly mastering new technical areas.
  • Must have excellent analytical, technical, organizational, and problem-solving skills. Excellent verbal and written communication skills are required as well.
  • Ability to manage multiple tasks.
  • Strong computer skills in Microsoft Office
Compensation Disclosure

The compensation for this role takes into account various factors, including work location, individual skill set, relevant experience, and other business needs. The estimated base salary range for this position is $125,000 - $145,000. Additionally, this position is eligible for an annual discretionary bonus.

Please note that this is the current estimate of the base salary range intended for this role at the time of posting. The base salary range may be adjusted in the future.

Benefits

Calamos offers a comprehensive benefits package, including health and welfare benefits (medical, dental, vision, flexible spending accounts, and employer-paid short and long-term disability), as well as retirement benefits (401(k) and profit sharing), paid time off, paid parental leave, and other wellness benefits.

Apply