Associate, Operational Due Diligence Analyst at Northern Trust

Stamford, Connecticut, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Bachelor’s degree (or international equivalent) is required
1 to 3 years’ experience in operations, compliance, trading, and/or risk of a registered investment adviser strongly preferred
Proficiency with Microsoft 365 and an adaptable mindset for technological advancements
Experience with Microsoft Copilot, DiligenceVault, and/or FactSet a plus
Strong attention to detail, analytical skills, and ability to manage multiple projects
Team oriented with excellent written and verbal communication skills
Familiarity with the Investment Advisers Act of 1940 and the securities regulatory regimes in Canada, UK, and/or the EU a plus

Responsibilities

Assist with all organizational and operational processes pertaining to ODD, including management of the ODD program’s essential data using multiple software applications
Assist senior analysts with ODD reviews of third-party investment managers, including review of source documents (e.g., diligence questionnaires, policies, procedures, regulatory filings), attending meetings with senior leadership of these managers (virtual and in person), and preparation of written findings from these ODD reviews
Assist with the ongoing monitoring of investment managers on the MMS platform through different touchpoints
Contribute to the enhancement of ODD processes and productivity
Collaborate with investment, legal, risk, operations, and compliance professionals within NTAM on various processes and initiatives

Skills

Key technologies and capabilities for this role

Operational Due DiligenceRisk AssessmentDue Diligence QuestionnairesRegulatory FilingsDocument ReviewData ManagementAsset ManagementInvestment StrategiesPublic Markets

Questions & Answers

Common questions about this position

What experience is required for the Associate, Operational Due Diligence Analyst role?

A Bachelor’s degree (or international equivalent) is required, with 1 to 3 years’ experience in operations, compliance, trading, and/or risk of a registered investment adviser strongly preferred.

What technical skills are needed for this position?

Proficiency with Microsoft 365 is required, along with an adaptable mindset for technological advancements; experience with Microsoft Copilot, DiligenceVault, and/or FactSet is a plus.

Where is this role based?

The role is based in Stamford, CT.

What soft skills are important for this job?

Strong attention to detail, analytical skills, ability to manage multiple projects, team-oriented approach, and excellent written and verbal communication skills are essential.

What makes a strong candidate for this position?

Candidates with a Bachelor’s degree, 1-3 years of relevant experience in operations, compliance, trading, or risk at a registered investment adviser, proficiency in Microsoft 365, and familiarity with regulatory frameworks like the Investment Advisers Act of 1940 stand out.