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Consultant, Integrated Risk and Analytics Solutions; IRAS)– Integrated Portfolio Service

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: 001 The Northern Trust Company
Full Time position
Listed on 2026-07-10
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Portfolio & Asset Management, Financial Analyst, Wealth Management
Salary/Wage Range or Industry Benchmark: 74200 - 126200 USD Yearly USD 74200.00 126200.00 YEAR
Job Description & How to Apply Below
Position: Consultant, Integrated Risk and Analytics Solutions (IRAS)– Integrated Portfolio Service

Major Duties

  • Solves complex problems
  • Takes a new perspective on existing solutions
  • Exercises judgment based on the analysis of multiple sources of information
  • Impacts a range of client, operational, project or service activities within own team and other related teams
  • Identifies and implements process improvements
  • Works within broad guidelines and policies
  • Independently manages client relationships of varying complexity (evaluating and responding to client inquiries, determining service requirements, providing training, producing client reporting, and helping clients interpret financial metrics to understand the impact of their investment decisions)
  • Regularly interfaces with senior staff at Northern Trust and/or client offices (CIOs, Treasurers, Directors of Investments), with minimal oversight
  • Provides leadership to internal IRAS, operations, and client servicing partners to problem‑solve client issues and requests
  • Provides data quality oversight, assistance with prioritization of work, and mentorship to less tenured team members
  • Leads client projects and provides solutions to client requests
  • Assists management with strategic projects and initiatives
Knowledge
  • Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines
  • Applies best practices and integrates own area with others
  • Awareness of the competition and differentiators in the market
  • Explains difficult or sensitive information and builds consensus
  • Uses insights into how the IRAS team integrates with other Northern Trust teams within Business Services, C&IS, and Wealth Management to coordinate efforts and resources to achieve shared and individual objectives, and provides leadership in solving cross‑practice problems
  • Expected to use judgment to make decisions without seeking approval
Experience
  • Acts as a resource for colleagues with less experience
  • May lead small projects with manageable risks and resource requirements
  • Provides formal and informal guidance to less tenured team members
  • Accountable for own contributions
  • Bachelor’s degree required, preferably in business, finance, technology or related field
  • 3+ years’ investment analysis or trust‑investment related background, investment operations, client‑servicing, or transferable experience from a related field
  • Interest in, or progress towards advanced degree, CFA, CIPM, CAIA or other investment‑related professional designation is a plus
  • Prior client‑servicing or sales experience required
  • Business judgment required to quickly assess a situation and proactively develop solutions to complex client needs
  • Use of Microsoft Office tools, advanced Excel skills preferred
  • Exposure to Northern Trust or third‑party financial software is a plus
  • Effective organizational, written, and verbal client servicing skills
  • Time management and multi‑tasking skills
Salary Range & Benefits

Salary range is a good faith estimate of base pay: $74,200 – 126,200 USD.

Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) 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. A discretionary bonus program that may include an equity component is also available.

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).

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.

EEO Statements

APAC/INDIA 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,…

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