Associate Consultant Data Management

Northern Trust

Tempe, AZ

Full Time

Entry Level

62k-98k

5 days ago

Job Description

About the Role

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Under general supervision, the Analyst will be responsible for investment data management that will provide clients with the holistic data sets they need to fulfil their various stakeholder requirements.

Key Responsibilities

Acts as point of initial entry for all investment data, including entry of investment transactions, valuations, manager estimates, plan income/expense items, contributions/spending withdrawals, underlying manager exposure data, and benchmark data.
Responsible for preparing all investment reconciliations, including reconciliation of cash, positions, performance, transactions, and alternative investment metrics.
Responsible for initial review of NAV, allocation, and underlying client performance for alternative investments.
Participates in ongoing process improvements based on specialized skills, knowledge, and experience.

Requirements

Basic knowledge of the investment industry, including markets and instruments.
Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
Basic alternative asset class knowledge: hedge funds, private equity, marketable and non-marketable securities, etc.
Ability to prioritize, multi-task, and perform effectively under deadlines.
Commitment to project success, including working unconventional hours during critical project phases.

Nice to Have

Functional / industry knowledge of and experience with complex asset allocators such as endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth funds.
Technical skills / systems knowledge (Investment Administration & Portfolio Analytics Platforms).
Orientation towards operational process improvement.
Client servicing experience.
Ability to work closely and collaborate with internal stakeholders.

Qualifications

A College or University degree, preferably in Finance, Accounting, Mathematics, Economics or a related field.
Interest in pursuing a higher degree or certification such as CFA, CAIA, CIPM, CPA, MBA.
A genuine desire and capability to work in a fast-paced, professional, inclusive environment which requires teamwork, problem-solving skills, re-prioritization, deadline management, ongoing communication, attention to detail, and continuous improvement.

Benefits & Perks

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.
Discretionary bonus program that may include an equity component.

Working at Northern Trust

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve. We value an inclusive workplace and understand flexibility means different things to different people.

Apply Now