Manager - Integrated Portfolio Services - Front Office Solutions.

ntrs; Limerick; On-site; EUR 90,000 - 120,000; Full time

Job summary

Northern Trust in Limerick is seeking a Manager to supervise the investment operations team and drive performance in delivering holistic client investment data. You will coordinate with global client solutions staff on changes, onboarding, and workflow management.

The role requires deep knowledge of asset owners, performance measurement, private equity, and ABOR/IBOR reporting, plus advanced Excel and SharePoint skills.

Qualifications

• Experience managing an investment operations team.
• Experience working with complex asset owners (Endowments, Foundations, Family Offices, OCIOs, Pension Funds, Sovereign Wealth Funds).
• Deep knowledge of alternative assets (hedge funds, private equity).
• Understanding of private equity transactional impacts (TVPI, DPI, PIC).
• Accounting/reporting knowledge (IBOR, ABOR, TrueNAV).
• Knowledge of performance measurement concepts and benchmarks across asset classes.

Responsibilities

• Lead and support Limerick team members in daily workflow execution.
• Coordinate with global client solutions staff on client changes, onboarding, and workflow management.
• Support manager in staff performance reviews.
• Review and manage client investment data including transactions, valuations, and reconciliations.
• Provide final review on daily/month-end output and data delivery.
• Support client onboarding sessions and planning.
• Develop training materials and lead trainings on daily operations and system capabilities.
• Participate in process-improvement discussions and documentation.

Skills

Team management

Investment operations

Performance measurement

Private equity / hedge funds

GIPS / benchmarks

Excel

Stakeholder collaboration

Education

Bachelor's degree

Advanced credential (in progress)

Tools

Excel

SharePoint

Job description

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.

Integrated Portfolio Service - Front Office Solutions

Front Office Solutions (FOS) provides a holistic digital+ service offering for some of the most sophisticated institutional investors across the globe, including foundations, endowments, pension funds, corporations, insurance companies, and sovereign wealth funds. As asset owners engage in more complex, data-driven investment approaches to asset allocation, their operational needs and demands for high quality data have skyrocketed. FOS's full-service, multi-asset solution aims to empower in-house investment teams and support their important mission by providing a more comprehensive set of operational services and analytics including portfolio management, investment decision support, operational risk management, CRM/document management and workflow tools

Job Description

The Manager, will supervise team and drive operational performance in providing clients with holistic investment data sets they need to fulfil their various stakeholder requirements in an ever-changing, dynamic investment environment.

The key responsibilities of the role include:

• Responsible for leading and supporting Limerick team members in the execution of their daily workflow.
• Coordinates with global client solutions staff on client change, client implementation, problem resolution, and workflow management.
• Supports manager in completing on going and end of year staff performance reviews.
• Responsible for detailed management and review of client investment data:
  • Investment transactions and valuations
  • Cost basis analysis, cash movement, gain and loss analysis
  • Alternative investment manager estimates
  • Plan contributions / spending withdrawals
  • Underlying manager exposure data
  • Benchmark data
  • Reconciliations
• Provides final review and sign off on daily and month end output including data delivery, reconciliation, reporting and any additional Client Solutions items.
• Supports client onboarding including initial client discovery sessions, project planning, setting client expectations and facilitating continuous client updates throughout the onboarding process.
• Develops training materials and leads training sessions on daily operational activities as well as system capabilities.
• Participates in ongoing process improvement discussions where feasible including:
  • Process improvement through technical skills development.
  • Development of procedures and operational documentation.
  • Ongoing Front Office Solutions application and service enhancements.

Required Knowledge & Skills

Experience managing an investment operations team.

• Experience working with complex asset owners in one or more of the following fields:
  • Performance measurement (attribution, liquidity, and exposures)
  • Alternative asset or private equity operations
  • Investment operations (fund or investment accounting)
• Experience working with complex asset owners including Endowments, Foundations, Family Offices, OCIOs, Pension Funds, Sovereign Wealth Funds, and institutional asset managers.
• Deep knowledge of alternative assets and related operational processes (hedge funds, private equity).
• Demonstrated understanding of private equity transactional impacts on unfunded commitments, market value, cost, and other metrics typically associated with private equity (TVPI, DPI, PIC, etc.).
• Understanding of accounting/reporting methods, including IBOR, ABOR, TrueNAV, to support complete and accurate data capture.
• Knowledge of performance measurement concepts, GIPS Standards and benchmark calculations across multiple asset classes as well as an understanding of the benchmark provider industry.
• Advanced understanding of Microsoft Suite (Excel, SharePoint), with particular emphasis on Excel.
• Experienced in operational process improvement.
• Must be able to work closely and collaborate with internal stakeholders.
• Ability to handle multiple concurrent projects and to reconcile any conflicting priorities.

The successful candidate will benefit from having:

• Client servicing and relationship management experience; high level of comfort communicating directly with clients and client advocacy.

Qualifications

• College or University degree
• Completion (or progress towards) of advanced credential