Associate, Investment Performance & Reporting

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

Job summary

Northern Trust is seeking an Associate on the Client Reporting Team in Chicago to support the development, compilation, and distribution of client and product reports across multiple strategies. You will work with stakeholders to ensure timely and accurate insights that articulate NTAM’s value proposition.

The role emphasizes data quality, collaboration with portfolio and relationship managers, and ongoing improvements to reporting processes in a fast-paced asset management environment.

Qualifications

• 1-2+ years of experience in Financial Services or Asset Management.
• College/university degree; field of study relevant to finance helps.
• Knowledge of investment management principles and markets.
• Strong analytical and data quality capabilities.

Responsibilities

• Develop, compile and distribute a broad range of client reports (factsheets, investment, accounting, performance).
• Ensure accuracy of underlying client, fund and strategy data with operations teams.
• Assist with projects and process improvement in Client Reporting.
• Identify and implement data quality checks with the Chief Data Office.
• Interface with portfolio and relationship managers to understand client needs and improve reporting.
• Stay informed on reporting capabilities to keep NTAM competitive.

Skills

Advanced Excel/VBA

SQL

Excel

Powerful communication

Problem solving

Attention to detail

Education

Bachelor's degree

Tools

Aladdin

Eagle

BlackRock

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

The successful candidate will be focused on achieving excellence in Client Reporting for a global asset management firm. 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:

$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.