Investment Associate

056 Northern Trust Investments Inc; Chicago (IL); Hybrid; USD 83,000 - 141,000; Full time

Benefits offered by this job

Retirement benefits (401k)

Health & welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust's Global Institutional Client Group seeks an Investment Associate to partner with Relationship Managers and deliver exceptional service to institutional investors. You will coordinate cross-functional resources and ensure client requests, deliverables, and operating activities are executed efficiently.

The role requires a Bachelor’s degree in finance/economics, 3–4 years of experience with institutional clients, strong communication, and proficiency in MS Office and CRM.

Qualifications

• Bachelor’s degree in finance, economics, accounting, business, or related field.
• 3 to 4 years of experience interacting with institutional investors or similar professional contacts.
• Ability to listen purposefully and apply problem-solving to client servicing issues.
• Must communicate confidently with sophisticated institutional investors and their investment consultants.
• Excellent written and verbal communication skills.
• Ability to synthesize complex information, manage priorities, exercise judgment, and recognize risk.
• Proficiency with Microsoft Office applications and CRM platforms.
• Series 7 and 63 licenses required and must be obtained within the first 90 days of employment.

Responsibilities

• Partner with Relationship Managers to support a portfolio of institutional client relationships and new business development.
• Serve as day-to-day contact for client inquiries, requests, and servicing needs.
• Cultivate strong working relationships with client contacts and their service providers.
• Anticipate client needs and proactively recommend appropriate solutions.
• Participate in client meetings and due diligence reviews.
• Coordinate meeting logistics, prepare materials, and ensure timely follow-up on action items.
• Manage account maintenance activities including onboarding, mandate changes, restructures, and account-related requests.
• Lead coordination across investment, operations, reporting, compliance, legal, custody, and technology teams.

Skills

Relationship management

Client servicing

Communication

MS Office & CRM

Education

Bachelor’s degree in finance/economics/business

Tools

CRM platforms

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 Investment Associate serves as a key member of Northern Trust Asset Management's Global Institutional Client Group, partnering with Relationship Managers to deliver exceptional service and strategic support to institutional investors. The Investment Associate plays a critical role in fostering strong client relationships, coordinating cross-functional resources, and ensuring client requests, deliverables, and operational activities are executed efficiently and accurately.

Key Responsibilities

• Partner with Relationship Managers to support a portfolio of institutional client relationships and new business development efforts.
• Serve as a day-to-day contact for client inquiries, requests, and servicing needs.
• Cultivate strong working relationships with client contacts and their service providers.
• Demonstrate ability to add value by anticipating client needs and proactively recommending appropriate solutions.
• Participate in client meetings and due diligence reviews.
• Coordinate meeting logistics, prepare materials, and ensure timely follow-up on action items.
• Manage account maintenance activities, including onboarding, mandate changes, restructures, and account-related requests.
• Lead coordination across investment, operations, reporting, compliance, legal, custody, and technology teams to resolve client matters.
• Facilitate due diligence requests, consultant questionnaires, RFPs, and information requests from clients and prospects.
• Partner with Relationship Managers to strength client relationships, identify growth opportunities, and maintain accurate documentation of client interactions and business development activities.

Necessary Qualifications

• Bachelor’s degree in finance, economics, accounting, business, or a related field.
• 3 to 4 years of experience interacting with institutional investors or similar professional contacts.
• Ability to listen purposefully and apply problem-solving skills to identify and quickly address client servicing issues.
• Must be capable of communicating confidently and effectively with sophisticated institutional investors and their investment consultants.
• Excellent written and verbal communication skills.
• Ability to synthesize complex information, manage multiple priorities, exercise judgment, and recognize risk.
• Proficiency with Microsoft Office applications and CRM platforms.
• Series 7 and 63 licenses required and must be obtained within the first 90 days of employment.

Salary Range

Salary Range: $83,100 - 141,300 USD Salary range is a good faith estimate of base pay.

Benefits

• 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

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.

EEO STATEMENTS

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).