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Consultant, Product Control, Integrated Portfolio Services; IPS

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: 001 The Northern Trust Company
Full Time position
Listed on 2026-07-07
Job specializations:
  • Finance & Banking
    Regulatory Compliance Specialist, Financial Analyst, Financial Compliance, Financial Reporting
Salary/Wage Range or Industry Benchmark: 74 USD Hourly USD 74.00 HOUR
Job Description & How to Apply Below
Position: Consultant, Product Control, Integrated Portfolio Services (IPS)

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. We serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsibilities
  • Manages the daily P&L and valuation process covering various cash securities and derivative products.
  • Prepares daily P&L and risk reports, as well as P&L attribution and explanation to clients.
  • Prepares and manages monthly (or more frequently as required) price verification process and associated reporting.
  • Manages any necessary model review process and associated documentation.
  • Coordinated monthly close process with corporate/fund accounting.
  • Engages with clients and valuation vendors to complete review of new products.
  • Prepares presentations and analysis as required on trading strategies, process improvement, and valuation analysis.
  • Designs and implements process improvements to improve daily P&L and price verification process.
  • Operates independently; has in-depth knowledge of the business unit / function.
  • As subject area expert, provides comprehensive, in‑depth consulting and leadership to team and partners at a high technical level.
  • Carries out activities that are large in scope, cross‑functional and technically difficult.
  • Balances high‑level operational execution and development with the strategic direction of business function activities.
  • Strategic in developing, implementing and administering programs within functional areas.
Knowledge

Excellent oral and written communication skills are required. In‑depth functional/industry knowledge is required. Highly flexible and adaptable to change. Technical skills/systems knowledge is required.

Experience

A college or university degree and/or relevant proven work experience is preferred. Related industry qualification (e.g. ACCA) is preferred.

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).

Salary & Benefits

Salary Range: $74, USD. Salary range is a good faith estimate of base pay. Northern Trust provides a 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. Northern Trust also provides a discretionary bonus program that may include an equity component.

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  or discuss your individual requirements with the recruiter you are working with.

EEO Statement

Northern Trust is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, disability, age, or any other characteristic protected by law. All employment decisions are made in a non‑discriminatory manner in accordance with applicable laws and regulations.

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