Sr. Associate, Investment Risk and Analytical Services, (IRAS)
Northern Trust
- Chicago, IL
- Permanent
- Full-time
- Solves problems in straightforward situations
- Analyzes possible solutions using technical experience and judgment and precedents
- Identifies and implements process improvements
- Impacts quality of own work and the work of others on the team
- Works within guidelines and policies
- Independently manages the majority of client relationships who subscribe to more simplistic reporting.
- Remainder of client allocation is in supporting senior partners on clients 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 Interface with senior staff at Northern Trust and/or client offices (CIOs, Treasurers, Directors of Investments), with minimal oversight from more senior partner
- Works with internal operations and client servicing partners to problem solve client issues and requests to ensure accuracy and timeliness of all information provided to clients
- Independently produces custom reporting, and executes client projects with limited oversight
- Provide data quality oversight, assistance with prioritization of work, and mentorship to less tenured team members
- Lead client projects and provide solutions to client requests
- Assist management with strategic projects and initiatives
- Requires expanded conceptual knowledge in own job discipline
- Understands key business drivers; uses this understanding to accomplish own work
- Explains complex information to others in straightforward situations
- Uses insights into how the IRAS team integrates with other 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
- Provides formal and informal guidance to new team members
- Accountable for own contributions
- Bachelor’s degree, preferably in business, finance, technology or related field
- 3-10 years of relevant experience in investment analysis or trust-investment related background, investments operations, client-servicing, or transferable experience from a related field, typically gained through experience as an IRAS Associate
- Interest in, or progress towards CFA, CIPM, CAIA or other investments-related professional designation is a plus
- Excellent 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
- Strong organizational, written, and verbal client servicing skills.
- Excellent time management and multi-tasking skills.