Investment Operations Specialist

Northwestern Mutual; Wisconsin; Hybrid; USD 57,000 - 85,000; Full time

Job summary

Northwestern Mutual’s Investment Operations team supports the management of the company’s institutional investments. The team focuses on accuracy, efficiency, and risk management across multiple asset classes.

You will assist in monitoring portfolios, reconciling cash and holdings, and responding to inquiries while helping prepare reports and filings with PowerBI, Snowflake, and Excel. You’ll engage in process modernization and data governance initiatives with senior staff guidance.

Qualifications

• 1–3 years of related investment operations experience preferred.
• Bachelor’s degree in business with emphasis in finance, accounting, management, real estate or information systems.
• Strong verbal and written communication skills.
• Data literacy and attention to detail.
• Ability to handle data-intensive tasks in a fast-paced setting.
• Familiarity with data visualization or automation software.

Responsibilities

• Assist in monitoring investment portfolios by reconciling cash positions, investment holdings, and data attributes to ensure accuracy and timeliness.
• Respond to internal and external inquiries regarding investment holdings and portfolio details.
• Help prepare internal reports and external regulatory filings using PowerBI, Snowflake, and Excel.
• Participate in process modernization efforts with digital tools, automation, and AI-driven analytics.
• Collaborate with Finance, Risk, and Institutional Investments to ensure seamless operations.

Skills

Adaptability

Data literacy

Data visualization

Automation software

Attention to detail

Fast-paced data tasks

Verbal and written communication

Problem solving

Education

Bachelor’s degree in business with emphasis in finance, accounting, management, real estate or information systems

Tools

PowerBI

Snowflake

Microsoft Excel

Job description

About the Job:

Northwestern Mutual’s Investment Operations team supports the management of the company’s institutional investments. Team membersassistin operational tasks related to those assets, with a focus on accuracy, efficiency, and risk management.

What You’ll Do:

• Assistin monitoring investment portfolios by reconciling cash positions, investment holdings, and critical data attributes to ensure accuracy and timeliness.

• Respond to internal and external inquiriesregardinginvestment holdings, activities, and portfolio details.

• Help prepare internal reports and external regulatory filings using tools likePowerBI, Snowflake, and Microsoft Excel.

• Participate in process modernization efforts, incorporating digital tools, automation, and AI-driven analytics to streamline workflows and enhance data governance.

• Collaborate with teams across Finance and Risk and Institutional Investments to ensure seamless operations and alignment with companyobjectives.

• Assistin risk management activities, including conducting basic risk assessments and ensuring adherence to risk policies and regulatory standards.

• Support enterprise risk management efforts byidentifyingpotentialoperational risks in investment activities and contributing to resiliency planning.

• Assistin data governance activities, including ensuring data quality, implementing governance policies and standards, and supporting data stewardship.

• Ensure accurate, efficient, and timely execution of operational activities across asset classes and managed accountsof reoccurring transactions inpublic, private, and/or real estate asset classesmost asset classes in PI, MSA, NMC and NMRE’s public and private managed portfolios including domestic fixed income, common stock, foreign, private placements, real estate equity and mortgage loans. Work withfrontoffice to settle transactions.

• Collaborate withsenior staff members to solve more complex issuesandwork with custodial bank representatives, brokers,traders,and field offices.

• Maintain investment data on various systems, conductreconciliations,and work closely with Investment Accounting, Financial Management,Lawand other related investment areas to resolve issues.

• Respondto andinvestigate cash receivable and payable exceptions. Resolve a wide variety of standard problems.

• Stay informed of industryand regulatorychanges and developments that affect processing procedures.

• Assist with testing, system enhancements, upgrades, new initiatives and other projects involving procedural and workflow changes and may make recommendations for process improvements.

• Ensure adherence to contractual terms and amendments through interpretation and analysis of basic legal documents.

What You’ll Bring to the Role:

• Adaptability and a growth mindset

• Skills in data literacy

• Basic experience in data visualization or automation software

• Attention to detail

• Ability to handle data intensive tasks in a fast-paced setting

• Bachelor’s degree in business with emphasis in finance, accounting, management, real estate or information systems or equivalent related experience.

• 1-3 years of related, investment operations experience preferred.

• General knowledge of a variety of investment asset types.

• Strong verbal and written communication skills.

• Strongproblem-solvingskills and analytical ability.

#LI-Onsite

#LI-Hybrid

Compensation Range:

Pay Range - Start:

$56,640.00

Pay Range - End:

$84,960.00

Geographic Specific Pay Structure:

Structure 110:

$62,320.00 USD - $93,480.00 USD

Structure 115:

$65,120.00 USD - $97,680.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click to learn more.

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.