Wealth Management Investment Associate II

Northern Trust; Chicago (IL); On-site; USD 68,000 - 112,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental leave

Job summary

Northern Trust is seeking an Investment Associate II to support Chicago-based Wealth Management clients. You will work with Portfolio Advisors, preparing portfolio reviews, market outlooks and client communications while ensuring timely delivery and accuracy across a high-volume book of business.

The role emphasizes compliance, documentation, and collaboration with PAs to address client needs and investment actions. A related degree and financial markets interest are preferred.

Qualifications

• A foundational understanding of financial markets and passion for investments.
• Knowledge of investment products, services and terminology.
• Strong oral and written presentation skills.
• Strong analytical, organizational and problem‑solving skills.
• Proficiency in MS Office suite, with advanced fluency in Excel.

Responsibilities

• Assists in the preparation of portfolio review and market outlook presentation material for client meetings and client communication.
• Responsible for timely and accurate completion of material, often under tight deadlines.
• Resolves account specific and operational action items and/or discrepancies, including follow‑up on corporate actions items pertaining to accounts’ securities holdings.
• Monitors and takes ownership of all compliance related duties and follow‑up procedures.
• Consults with PAs on action items and communicates with clients to address documentation requirements, including investment objective confirmation forms and investment responsibility letters.
• Monitors PAs’ books of business in their absence and takes follow‑up steps as appropriate.
• Assists in special projects as requested.
• Develops fluency in Northern Trust’s “Goals Driven Wealth Management” (GDWM) financial planning and portfolio modeling software.
• Assists in client‑specific data gathering and scenario planning in GDWM.

Skills

Investment knowledge

Presentation skills

Analytical skills

Problem solving

Education

Undergraduate degree in business, finance, economics

Tools

MS Office

Excel

Job description

Northern Trust is seeking an Investment Associate II to support Chicago-based Wealth Management clients. You will work with Portfolio Advisors, preparing portfolio reviews, market outlooks and client communications while ensuring timely delivery and accuracy across a high-volume book of business.

The role emphasizes compliance, documentation, and collaboration with PAs to address client needs and investment actions. A related degree and financial markets interest are preferred.