Front Office Asset Management Support Analyst

Northern Trust; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Benefits offered by this job

Retirement benefits

Health benefits

Discretionary bonus

Job summary

Northern Trust is seeking a skilled professional to support Portfolio Management teams in overall account management and front-line coverage for Investment Management and Trade Execution. This role involves daily position and cash monitoring, validation, and issue resolution to enable investment decision-making.

You will collaborate with Front Office, middle/back-office, and external partners, handling onboarding, corporate actions, and performance reviews, while driving automation and process

Qualifications

• 3-5 years of asset management/financial services experience.
• Strong analytical and problem-solving skills.
• Clear, professional written and verbal communication skills; comfortable interacting with senior investment stakeholders.
• Solid understanding of securities markets and the investment lifecycle across equities, fixed income, FX, futures, and derivatives.
• Working knowledge of trade execution, confirmation, settlement, and reconciliation processes.
• High proficiency in Microsoft Excel; experience with data analysis and reporting.
• Familiarity with corporate actions and instrument lifecycle events.
• Experience with investment and market data platforms such as Aladdin by BlackRock, Bloomberg, FXall, IHS Markit/S&P, and internal NT systems (e.g. TCC, IIP) strongly preferred.

Responsibilities

• Serve as the primary day‑to‑day support contact for assigned Portfolio Management teams.
• Perform daily validation of positions, market values, cash balances, and exposures; investigate breaks and coordinate resolution with Reconciliation, Custody, and accounting teams.
• Monitor trades from execution through confirmation, settlement, and downstream reporting; proactively resolve exceptions with internal and external counterparties.
• Act as a liaison between Front Office, middle/back-office teams, vendors, and outsourced partners to resolve data, process, and lifecycle issues.
• Support onboarding and maintenance of new accounts, strategies, and instruments across investment platforms, coordinating with New Account Setup and Technology teams.
• Manage corporate action elections, lifecycle events, and instrument‑specific processing (including derivatives and OTC products where applicable).
• Support counterparty, venue, and broker relationships, including setup, entitlements, and ongoing operational readiness.
• Assist with performance and attribution reviews, ad‑hoc analysis, and client or internal data requests.
• Generate and deliver Transaction Cost Chargeback (TCC) and ETF P&L breakdowns, partnering with Portfolio Management and Trading to explain drivers, reconcile variances, and support investment and execution reviews.
• Contribute process improvements, automation initiatives, and control enhancements to reduce operational risk and improve scalability.
• Partner with global teammates across North America, EMEA, and APAC to provide consistent coverage and knowledge sharing.

Skills

Analytical skills

Problem solving

Written communication

Verbal communication

Attention to detail

Tools

Excel

Aladdin by BlackRock

Bloomberg

FXall

IHS Markit/S&P

NT internal systems (TCC, IIP)

Job description

Northern Trust is seeking a skilled professional to support Portfolio Management teams in overall account management and front-line coverage for Investment Management and Trade Execution. This role involves daily position and cash monitoring, validation, and issue resolution to enable investment decision-making.

You will collaborate with Front Office, middle/back-office, and external partners, handling onboarding, corporate actions, and performance reviews, while driving automation and process