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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Chicago, Illinois

Salary: $127K - $183K

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of June 30, 2022, it had $1.7 trillion in assets under management and $17 trillion in assets under custody. Details below.

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 (independently 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), without (or 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 how own area integrates with others
  • Is aware of the competition and the factors that differentiate them in the market
  • Explains difficult or sensitive information; works to build 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, as well as to provide leadership in solving cross-practice problems
  • Expected to use judgement 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, investments operations, client-servicing, or transferable experience from a related field
  • Interest in, or progress towards advanced degree, CFA (Chartered Financial  Analyst), CAA (Chartered Asset Allocator), CIPM (Certificate in Performance Measurement), CAIA (Chartered Alternative Investment Analyst), or other investments-related professional designation is a plus
  • Prior client-servicing or sales experience required
  • Business judgment is required in order 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.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.