Associate Consultant, Client Solutions, FOS at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

College or University degree and/or relevant proven work experience
1-2 years experience working in an accounting or finance role
Experience in asset servicing with endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth
Excellent oral and written communication skills
In-depth Functional / Industry Knowledge
Highly flexible and adaptable to change
Core Excel Skills (Excel pivot tables, charts, V-lookup, etc.)
Advanced data skills (Excel and Excel macros)
Basic investment concept knowledge (IRR, time-weighted return, NAVs, accruals, etc.)
Investment operations knowledge (Hedge fund accounting, private equity, performance reporting, etc.)
Alternative asset knowledge - hedge funds, private equity, non-marketable securities, marketable securities, and derivative instruments
Understanding of alternative asset reporting, performance measurement, liquidity measurement, capital calls, fee reporting, etc

Work with multiple investment professionals such as CIOs, asset owners, board directors, etc. to ensure understanding of client requests
Work with client's operational staff on discovery, problem resolution, workflow mgmt, etc
Establish expectations, host discovery meetings, and guide client through onboarding process
Prioritization of tasks based on urgency, timeline, workload, etc
Oversight and responsibility for daily operational support
Daily investment operations - valuations, transactions, fee entry, document management, investment statements
Understand investment historical data - work with client to ensure data mapping between systems is accurate
Import and normalize large amount of historical data from multiple systems
Reconcile transactions, market values, and investment positions across multiple data sources
Establish, implement, and deliver training and system education both internally and to clients
Procedure and process creation, documentation, and implementation
Carries out complex activities with significant financial, client, and/or internal business impact
May have direct interaction with committees and/or Senior Management
Delivers a work product that requires minimal revision
Facilitate discussions among stakeholders and reach decisions
Able to analyze and evaluate portfolio performance to ensure data integrity