Northern Trust
Consultant, Client Solutions, Total Portfolio Solutions
Northern Trust, Chicago, Illinois, United States, 60601
Northern Trust Investment Operations Specialist
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. Major Duties: Work with multiple investment professionals such as CIOs, asset owners, board directors, etc. to ensure understanding of client requests. Work with client's operational staff on discovery, problem resolution, workflow mgmt, etc. Establish expectations, host discovery meetings, and guide client through onboarding process. Prioritization of tasks based on urgency, timeline, workload, etc. Oversight and responsibility for daily operational support. Daily investment operations - valuations, transactions, fee entry, document management, investment statements. Understand investment historical data - work with client to ensure data mapping between systems is accurate. Import and normalize large amount of historical data from multiple systems. Reconcile transactions, market values, and investment positions across multiple data sources. Establish, implement, and deliver training and system education both internally and to clients. Procedure and process creation, documentation, and implementation. Carries out complex activities with significant financial, client, and/or internal business impact. May have direct interaction with committees and/or Senior Management. Able to serve as a key subject matter expert and mentor to other more junior level employees. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). More technically sound in area of expertise and has broader knowledge of other areas. Delivers a work product that requires less revision. Able to facilitate discussions and reach decisions. Knowledge: Excellent oral and written communication skills are required. In-depth Functional / Industry Knowledge is required. Highly flexible and adaptable to change. Technical skills / systems knowledge (e.g. Peoplesoft) is required. Core Excel Skills (excel pivot tables, charts, V-lookup, etc). Advanced data skills (Excel macros, VBA, Python, SQL, etc) - Preferred. Basic investment concept knowledge (IRR, time-weighted return, NAVs, accruals, etc). Investment operations knowledge (Hedge fund accounting, private equity, performance reporting, etc.). Alternative asset knowledge - hedge funds, private equity, non-marketable securities, marketable securities. Understanding of alternative asset reporting, performance measure, liquidity measures, capital calls, fee reporting, etc. Experience: A College or University degree and/or relevant proven work experience is required / preferred. Related Industry qualification (e.g. ACCA) is required / preferred. Understanding of alternative Experience with endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth. Salary Range: $66,700 - 113,300 USD Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore 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! Join a workplace with a greater purpose. We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. 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.
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. Major Duties: Work with multiple investment professionals such as CIOs, asset owners, board directors, etc. to ensure understanding of client requests. Work with client's operational staff on discovery, problem resolution, workflow mgmt, etc. Establish expectations, host discovery meetings, and guide client through onboarding process. Prioritization of tasks based on urgency, timeline, workload, etc. Oversight and responsibility for daily operational support. Daily investment operations - valuations, transactions, fee entry, document management, investment statements. Understand investment historical data - work with client to ensure data mapping between systems is accurate. Import and normalize large amount of historical data from multiple systems. Reconcile transactions, market values, and investment positions across multiple data sources. Establish, implement, and deliver training and system education both internally and to clients. Procedure and process creation, documentation, and implementation. Carries out complex activities with significant financial, client, and/or internal business impact. May have direct interaction with committees and/or Senior Management. Able to serve as a key subject matter expert and mentor to other more junior level employees. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). More technically sound in area of expertise and has broader knowledge of other areas. Delivers a work product that requires less revision. Able to facilitate discussions and reach decisions. Knowledge: Excellent oral and written communication skills are required. In-depth Functional / Industry Knowledge is required. Highly flexible and adaptable to change. Technical skills / systems knowledge (e.g. Peoplesoft) is required. Core Excel Skills (excel pivot tables, charts, V-lookup, etc). Advanced data skills (Excel macros, VBA, Python, SQL, etc) - Preferred. Basic investment concept knowledge (IRR, time-weighted return, NAVs, accruals, etc). Investment operations knowledge (Hedge fund accounting, private equity, performance reporting, etc.). Alternative asset knowledge - hedge funds, private equity, non-marketable securities, marketable securities. Understanding of alternative asset reporting, performance measure, liquidity measures, capital calls, fee reporting, etc. Experience: A College or University degree and/or relevant proven work experience is required / preferred. Related Industry qualification (e.g. ACCA) is required / preferred. Understanding of alternative Experience with endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth. Salary Range: $66,700 - 113,300 USD Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore 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! Join a workplace with a greater purpose. We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. 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.