Assc Consultant Data Mgmt, FOS

Northern Trust Corp; Chicago (IL); On-site; USD 62,000 - 98,000; Full time

Job summary

Northern Trust Corp in Chicago is seeking an Analyst to manage investment data and provide data sets for client requirements. You will enter transactions, valuations, and related items, and help prepare reconciliations and NAV reviews for various asset classes.

The role requires foundational investment knowledge, ability to multi-task under deadlines, and collaboration with internal teams to drive continual process improvements.

Qualifications

• Bachelor's degree in Finance, Accounting, Mathematics or Economics.
• Interest in CFA/CAIA/CIPM or MBA is a plus.
• Ability to work under deadlines and collaborate with stakeholders.

Responsibilities

• Enter investment data, including transactions and valuations.
• Prepare investment reconciliations and review NAV and allocations.
• Collaborate with internal stakeholders and support process improvements.

Skills

Investment data management

NAV review

IRR concepts

Time-weighted return

Multi-tasking under deadlines

Education

Bachelor's degree in Finance/Accounting/Mathematics/Economics

Tools

Investment Administration Platforms

Portfolio Analytics Platforms

Job description

## Assc Consultant Data Mgmt, FOSApply: Chicago, IL: Full time: Posted Today: R162844**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. Under general supervision, the Analyst will be responsible for investment data management that will provide clients with the data sets they need to fulfil their various stakeholder requirements.PRIMARY RESPONSIBILITIESActs 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 DataResponsible 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 & SKILLSBasic 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 & SKILLSFunctional /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.QUALIFICATIONSA 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:$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 (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.* **Work Authorization** Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa). **Working with Us** As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. **Reasonable Accommodation** Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.