Associate, Investment Performance & Reporting

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

Job summary

Northern Trust seeks an Associate on the Client Reporting Team to support development, compilation and distribution of client and product data across investment strategies, including fixed income and ESG. You will work in a matrix environment to ensure timely delivery of insights and strengthen the value proposition for internal and external clients.

The role emphasizes data accuracy, collaboration with operations and business partners, and ongoing improvement of reporting processes in a

Qualifications

• 1–2+ years of experience in Financial Services (Investment Accounting, Finance Operations or Fund Accounting).
• A College or University degree and/or relevant proven work experience in finance.
• Familiarity with investment concepts and market trends preferred.

Responsibilities

• Prepare and distribute client reports, factsheets and performance reports.
• Verify underlying client, fund and strategy data with operations teams.
• Assist with process improvement initiatives in Client Reporting.
• Design and implement data quality checks with Chief Data Office.
• Engage with portfolio managers and relationship managers to understand client needs.
• Stay current on reporting capabilities to keep NTAM competitively positioned.

Skills

Financial reporting

Excel/VBA

SQL queries

Data analysis

Attention to detail

Communication

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Aladdin

Eagle

SQL tooling

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

The Associate on the Client Reporting Team, within the Northern Trust Asset Management COO office, is primarily responsible for supporting the development, compilation and distribution of client and product data and insight delivery across diverse portfolio strategies including fixed income, equity, multi asset class, and ESG. This individual partners with stakeholders and clients in a matrix-style organizational framework to ensure the accurate, timely and precise delivery of client and product insights. This role is instrumental in narrating Northern Trust Asset Management’s value proposition to internal and external clients and business partners.

Primary Duties and Responsibilities

Day to day responsibilities include:

• Supports the development, compilation and distribution of a broad range of client reports, including but not limited to factsheets, investment reports, accounting and performance reports.


• Works with internal operations teams to ensure the accuracy of underlying client, fund, and/or strategy data.


• Assists with projects and/or process improvement initiatives in relation to Client Reporting and associated functions.


• Identifies & assists in implementing improvements to existing processes to further gain operational efficiency and productivity.


• Is innovation-driven and passionate about process improvement.


• Identifies, designs and implements data quality checks in conjunction with Chief Data Office to solidify data integrity in a speedy and accurate manner.


• Interface with portfolio managers, relationship managers and other business partners in order to understand client needs and improve reporting.


• Stays abreast of investment reporting capabilities and solutions across the asset management industry to ensure NTAM is competitively positioned.

Necessary Knowledge and Skills

Highly motivated, flexible and adaptable to change with an innovation-centric approach. Ability to operate in a deadline driven environment while still maintaining a strict attention to detail and ability to prioritize issues appropriately. Conceptual knowledge with Investment Management applications and systems such as Aladdin Blackrock and Eagle a plus. Solid business analysis skills with evidence of problem solving in previous roles beneficial to the applicant. Strong oral and written communication skills. Proficient in Microsoft Excel and Office applications. Advanced Excel/VBA and SQL is a plus.

Necessary Experience and Education

1-2+ years of experience in Financial Services (Investment Accounting, Finance Operations or Fund Accounting, etc.) is required; Asset Management experience preferred, however will consider recent College/University graduates if field of study is applicable. A College or University degree and/or relevant proven work experience. Versed in market trends, financial concepts and asset class varieties. General Knowledge of investment management principles, strategies, and policies and regulations applicable to the investment management industry.

Salary Range

Salary Range: $61,500 - 98,300 USD Salary range is a good faith estimate of base pay.

Benefits

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.

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.