Associate Consultant, Asset Management Client Administration

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

Benefits offered by this job

401(k) & Pension

Health, dental, vision

Paid time off

Parental leave

Job summary

Northern Trust is seeking an Associate Consultant to support client onboarding for NTAM clients, focusing on data accuracy, timely execution, and cross-functional collaboration with Investment Operations and Technology teams.

The role emphasizes data analysis, issue resolution, and continuous process improvements across technology and client servicing, with recurring governance and risk management activities.

Qualifications

• Foundational understanding of the investment management business and 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.
• Strong relationship-building and teamwork skills.
• Clear written and verbal communication skills; explain issues clearly.
• Interest or experience in process improvement, automation, or digital transformation.
• Strong organizational skills and attention to detail.

Responsibilities

• Support account and client creation across investment, accounting, and performance platforms.
• Validate quality and accuracy of client and account data.
• Understand downstream data usage to support accurate execution.
• Assist with data analysis, issue identification, and problem resolution.
• Collaborate with Global Custodians, Fund Accountants, trading counterparties and service providers.
• Work with technology partners to support process improvements and automation.
• Support governance, controls, and documentation for data integrity and risk management.

Skills

Analytics interest

Data management

Client onboarding

Problem solving

Teamwork

Communication

Process improvement

Education

Bachelor's degree

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.

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

• 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.

• 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
• other voluntary and well-being benefits
• 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 applica