Associate Consultant, Asset Management Client Administration

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

Benefits offered by this job

Discretionary bonus program

Job summary

Northern Trust is seeking an Associate Consultant on the Client Ops Data team to support client onboarding and ensure accuracy, timeliness, and consistency of data across the client lifecycle. You will collaborate with Investment Operations and Technology to improve workflows and data quality.

Requirements include 3–6 years in operational, data, or service roles within financial services and a Bachelor’s Degree.

Qualifications

• 3–6 years of experience in operational, data, or service roles within financial services
• Experience in client onboarding and/or asset management preferred
• Bachelor’s Degree or equivalent combination of education and relevant work experience

Responsibilities

• Assist with data analysis, issue identification, and problem resolution across internal partners
• Maintain and validate data quality, integrity, and accuracy in a data-driven environment
• Support governance, controls, and documentation to maintain data integrity and manage operational risk
• Collaborate with Investment Operations and Technology to improve workflows, automation, and scalability initiatives
• Contribute to knowledge sharing, process documentation, and training to build team capability

Skills

Analytics

Data management

Client onboarding

Investment products

Problem solving

Teamwork

Communication

Process improvement

Automation

Learning new systems

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. 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.

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.

Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.

EEO Know Your Rights (U.S.)