Associate Consultant, Asset Management Client Administration

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

Job summary

Northern Trust, a leading global financial services firm, seeks an Associate Consultant for the Client Ops Data team to strengthen client onboarding and data processes. You will help ensure accurate, timely data across investment and accounting platforms and partner with operations and technology to boost efficiency and data quality.

The role emphasizes data analysis, issue resolution with internal and external partners, and contributing to process improvements and governance.

Qualifications

• Foundational understanding of investment management, assets, and financial tech systems.
• Strong interest in analytics, data management, client onboarding, and investment products.
• Effective problem solving with cross-team collaboration.
• Strong relationship-building and teamwork.
• Clear written and verbal communication; able to explain issues and solutions.
• Interest in process improvement, automation, or digital transformation.
• Strong organizational skills and attention to detail.
• Willingness to learn new systems and processes.

Responsibilities

• Support account and client creation across investment, accounting, and performance platforms.
• Validate quality and accuracy of client and account data in a data-driven environment.
• Develop understanding of downstream data usage to support accurate execution.
• Assist with data analysis, issue identification, and resolution with internal partners.
• Collaborate with Global Custodians, Fund Accountants, and service providers to resolve issues.
• Work with operations and tech teams to improve processes and automate workflows.
• Support enhancements to the client onboarding experience across technology and operations.
• Assist governance, controls, and documentation for data integrity and risk management.
• Organize work, manage priorities, and ensure timely delivery of tasks.
• Participate in knowledge sharing, process documentation, and training.

Skills

Investment data management

Analytics

Problem solving

Relationship building

Communication

Process improvement

Organizational skills

Willingness to learn

Education

Bachelor’s degree or equivalent

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.

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.

Role Summary

Northern Trust Asset Management (NTAM) is an investment management firm with over a trillion dollars entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long‑term objectives. This Associate Consultant role supports a successful client onboarding experience for NTAM clients and their relationship managers. The role focuses on executing operational and data‑related activities that ensure accuracy, timeliness, and consistency across the client lifecycle. The Associate Consultant assists in resolving data issues to meet Service Level Agreements, performs data analysis, and supports process and technology improvements. The role partners closely with Investment Operations and Technology teams to improve workflows, data quality, and overall operational effectiveness.

Primary Duties And Responsibilities

As an Associate Consultant on the Client Ops Data team, you will contribute to operational excellence across the practice. Day‑to‑day responsibilities include:

• Support account and client creation across investment, accounting, and performance book‑of‑record platforms.
• Maintain and validate the quality, integrity, and accuracy of client and account data in a data‑driven environment.
• Develop an understanding of downstream data usage and consumer needs to support accurate execution across operational teams.
• Assist with data analysis, issue identification, and problem resolution in collaboration with internal partners.
• Participate in daily interaction, issue escalation, and resolution with internal and external partners, including Global Custodians, Fund Accountants, Trading Counterparties, and service providers.
• Work closely with operational peers and technology partners to support process improvements, automation, and scalability initiatives.
• Contribute to the continuous improvement of the client onboarding experience by supporting enhancements across technology, investment operations, and client servicing.
• Assist with governance, controls, and documentation to support data integrity and operational risk management.
• Help organize work, manage priorities, and ensure timely and accurate completion of assigned deliverables.
• Participate in knowledge sharing, process documentation, and training activities to build individual and team capability.

Necessary Knowledge And Skills

• Foundational understanding of the investment management business, asset classes, and investment or financial technology systems.
• Strong interest in analytics, data management, client onboarding, and investment products.
• Effective problem‑solving skills with the ability to collaborate across teams and functions.
• Strong relationship‑building and teamwork skills.
• Clear written and verbal communication skills, with the ability to explain issues and solutions effectively.
• Interest or experience in process improvement, automation, or digital transformation initiatives.
• Strong organizational skills and attention to detail.
• Technical aptitude and willingness to learn new systems and processes.

Necessary Experience And Education

• 3 to 6 years of experience in operational, data, or service roles within financial services; experience in client onboarding and/or asset management preferred.
• Demonstrated ability to use data and analytics to support process improvement and risk mitigation.
• Experience contributing to initiatives involving multiple teams or stakeholders.
• Bachelor’s Degree or equivalent combination of education and relevant work experience.

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.