Associate Consultant Data Management

About Northern Trust:

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.

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.
 

PRIMARY RESPONSIBILITIES

• Acts as point of initial entry for all investment data. Includes entry of (but not limited to):
  - Investment transactions (typically statement-based for alternative assets; file-based for public markets)
  - Investment valuations (typically statement-based for alternative assets; file- based for public markets)
  - Manager Estimates
  - Plan Income / Expense Items
  - Plan Contributions / Spending Withdrawals
  - Underlying Manager Exposure Data
  - Benchmark Data
• Responsible for preparing all investment reconciliations. Includes reconciliation of cash, positions, performance, transactions, alternative investment metrics (unfunded commitment, etc.).
• Responsible for initial review of NAV, allocation and underlying client performance for alternative investments.
• Participates 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 as it may require working unconventional hours during critical project phase.
   

PREFERRED KNOWLEDGE & SKILLS

• Functional /industry knowledge of and experience with complex asset allocators such as endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth funds.

• Technical skills / systems knowledge (Investment Administration & Portfolio Analytics Platforms).
• Orientation towards operational process improvement.
• Client servicing experience.
• Ability to work closely and 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.
• A genuine desire and capability to work in a fast-paced, professional, inclusive environment which requires teamwork, well-honed problem-solving skills, frequent re-prioritization, deadline management, ongoing and comprehensive communication, constant attention to detail, and a commitment to continuous improvement and best practices.

Salary Range:

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 (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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. #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 hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.