Northern Trust is looking to solve the problem of providing clients with holistic investment data sets to fulfill their various stakeholder requirements through effective investment data management.
Requirements
Basic knowledge of the investment industry, including markets and instruments.
Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
Basic alternative asset class knowledge: hedge funds, private equity, marketable and non-marketable securities, etc.
Acts as point of initial entry for all investment data. Includes entry of (but not limited to): Investment transactions (typically statement-based for alternative assets; file-based for public markets), Investment valuations (typically statement-based for alternative assets; file- based for public markets), Manager Estimates, Plan Income / Expense Items, Plan Contributions / Spending Withdrawals, Underlying Manager Exposure Data, Benchmark Data
Responsible for preparing all investment reconciliations. Includes reconciliation of cash, positions, performance, transactions, alternative investment metrics (unfunded commitment, etc.).
Responsible for initial review of NAV, allocation and underlying client performance for alternative investments.
Participates in ongoing process improvements based on specialized skills, knowledge, and experience.
Other
Ability to prioritize, multi-task, and perform effectively under deadlines.
Commitment to project success as it may require working unconventional hours during critical project phase.
Functional /industry knowledge of and experience with complex asset allocators such as endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth funds.
Orientation towards operational process improvement.
Client servicing experience.
Ability to work closely and collaborate with internal stakeholders.
A College or University degree, preferably in Finance, Accounting, Mathematics, Economics or a related field.
Interest in pursuing a higher degree or certification such as: CFA, CAIA, CIPM, CPA, MBA.
A 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.
