Northern Trust
Associate Consultant, Data Management - Total Portfolio Solutions
Northern Trust, Chicago, Illinois, United States, 60290
Overview
Under general supervision, the Analyst will be responsible for investment data management that will provide clients with the holistic data sets they need to fulfil their various stakeholder requirements.
Responsibilities
Acts as point of initial entry for all investment data, including: investment transactions, investment valuations, manager estimates, plan income/expense items, plan contributions/spending withdrawals, underlying manager exposure data, and benchmark data.
Prepare all investment reconciliations, including reconciliation of cash, positions, performance, transactions, and alternative investment metrics (unfunded commitments, etc.).
Perform initial review of NAV, allocation and underlying client performance for alternative investments.
Participate in ongoing process improvements based on specialized skills, knowledge, and experience.
Required Knowledge & Skills
Basic knowledge of the investment industry, including markets and instruments.
Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
Basic alternative asset class knowledge: hedge funds, private equity, marketable and non-marketable securities, etc.
Ability to prioritize, multi-task, and perform effectively under deadlines.
Commitment to project success, may require working unconventional hours during critical project phases.
Preferred Knowledge & Skills
Functional/industry knowledge of complex asset allocators (e.g., endowments, foundations, family offices, institutional asset managers, pension funds, sovereign wealth funds).
Technical skills/systems knowledge (Investment Administration & Portfolio Analytics Platforms).
Operational process improvement orientation.
Client servicing experience and ability to collaborate with internal stakeholders.
Qualifications
A college or university degree, preferably in Finance, Accounting, Mathematics, Economics or a related field.
Interest in pursuing a higher degree or certification such as CFA, CAIA, CIPM, CPA, MBA.
Ability to work in a fast-paced, professional, inclusive environment requiring teamwork, problem-solving, prioritization, deadline management, and attention to detail.
Salary Range: $61,500 - $98,300 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary well-being benefits. A discretionary bonus program may include an equity component.
Working With Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability support exploration of 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. We encourage interests and experience that could fit with one of the world’s most admired and sustainable companies. 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 value an inclusive workplace and understand flexibility means different things to different people. Please discuss your flexible working requirements when applying.
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Responsibilities
Acts as point of initial entry for all investment data, including: investment transactions, investment valuations, manager estimates, plan income/expense items, plan contributions/spending withdrawals, underlying manager exposure data, and benchmark data.
Prepare all investment reconciliations, including reconciliation of cash, positions, performance, transactions, and alternative investment metrics (unfunded commitments, etc.).
Perform initial review of NAV, allocation and underlying client performance for alternative investments.
Participate in ongoing process improvements based on specialized skills, knowledge, and experience.
Required Knowledge & Skills
Basic knowledge of the investment industry, including markets and instruments.
Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
Basic alternative asset class knowledge: hedge funds, private equity, marketable and non-marketable securities, etc.
Ability to prioritize, multi-task, and perform effectively under deadlines.
Commitment to project success, may require working unconventional hours during critical project phases.
Preferred Knowledge & Skills
Functional/industry knowledge of complex asset allocators (e.g., endowments, foundations, family offices, institutional asset managers, pension funds, sovereign wealth funds).
Technical skills/systems knowledge (Investment Administration & Portfolio Analytics Platforms).
Operational process improvement orientation.
Client servicing experience and ability to collaborate with internal stakeholders.
Qualifications
A college or university degree, preferably in Finance, Accounting, Mathematics, Economics or a related field.
Interest in pursuing a higher degree or certification such as CFA, CAIA, CIPM, CPA, MBA.
Ability to work in a fast-paced, professional, inclusive environment requiring teamwork, problem-solving, prioritization, deadline management, and attention to detail.
Salary Range: $61,500 - $98,300 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary well-being benefits. A discretionary bonus program may include an equity component.
Working With Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability support exploration of 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. We encourage interests and experience that could fit with one of the world’s most admired and sustainable companies. 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 value an inclusive workplace and understand flexibility means different things to different people. Please discuss your flexible working requirements when applying.
#J-18808-Ljbffr