Consultant, Client Solutions, Integrated Portfolio Services; IPS

Consultant Investment Data Administration

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust 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. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

The Consultant supported by a team of Data/Client Solutions partners will be responsible for investment data administration and providing clients with the holistic data sets which they need to fulfil their various stakeholder requirements.

The key responsibilities of the role include:

• Acts as daily point of contact for operational queries including accounting and general operational queries.
• Acts as point of initial review for all investment data. Includes review of (but not limited to):
• Investment transactions
• Investment valuations
• Manager estimates
• Plan income / expense items
• Plan contributions / spending withdrawals
• Underlying manager exposure data
• Benchmark data
• Responsible for supporting data management with respect to transactional impacts on accounting, realized gain/loss, cost, etc.
• Responsible for secondary review of all investment reconciliations. Includes reconciliation of cash, positions, performance, transactions and unfunded commitment.
• Supports client onboarding including initial client discovery sessions, project planning, setting client expectations and facilitating continuous client updates throughout the onboarding process.
• Assists in training new FOS partners in the accounting and operational space.
• Participates in ongoing process improvement discussions.

Required Knowledge &

Skills:

• Experience working with complex asset owners in one or more of the following fields:
• Performance measurement (attribution, liquidity, and exposures)
• Alternative asset or private equity operations
• Investment operations (fund or investment accounting)
• Demonstrated understanding of private equity transactional impacts on unfunded commitments, market value, cost, and other metrics typically associated with private equity (TVPI,DPI, PIC, etc.).
• Understanding of accounting/reporting methods, including IBOR, ABOR, TrueNAV, to support complete and accurate data capture.
• Understanding of instances when issues need to be escalated to a supervisor.
• Proficient in use of Microsoft suite of applications
• Ability to prioritize, multi-task, and perform effectively under deadlines.

The successful candidate will benefit from having:

• Client servicing experience, comfortable communicating directly with clients and client advocacy.

Qualifications:

• College or University degree
• Completion (or progress towards) of advanced credentials (CFA, CAIA, CIPM, MBA) preferred.
• Genuine desire and capability to work in a fast-paced, professional, inclusive environment which requires teamwork, well-honed problem-solving skills, frequent re-prioritization, deadline management, ongoing and comprehensive communication, constant attention to detail, and a commitment to continuous improvement and best practices.

Salary Range: $66, USD

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.

Reasonable Accommodation:
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.