Associate Consultant, Asset Management Client Administration

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) guides the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity.

About the role

Northern Trust Asset Management (NTAM) is an investment management firm with over a trillion dollars entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives. This Associate Consultant role supports a successful client onboarding experience for NTAM clients and their relationship managers. The role focuses on executing operational and data-related activities that ensure accuracy, timeliness, and consistency across the client lifecycle.

Responsibilities

• Support account and client creation across investment, accounting, and performance book-of-record platforms.
• Maintain and validate the quality, integrity, and accuracy of client and account data in a data-driven environment.
• Develop an understanding of downstream data usage and consumer needs to support accurate execution across operational teams.
• Assist with data analysis, issue identification, and problem resolution in collaboration with internal partners.
• Participate in daily interaction, issue escalation, and resolution with internal and external partners, including Global Custodians, Fund Accountants, Trading Counterparties, and service providers.
• Work closely with operational peers and technology partners to support process improvements, automation, and scalability initiatives.
• Contribute to the continuous improvement of the client onboarding experience by supporting enhancements across technology, investment operations, and client servicing.
• Assist with governance, controls, and documentation to support data integrity and operational risk management.
• Help organize work, manage priorities, and ensure timely and accurate completion of assigned deliverables.
• Participate in knowledge sharing, process documentation, and training activities to build individual and team capability.

Requirements

• Foundational understanding of the investment management business, asset classes, and investment or financial technology systems.
• Strong interest in analytics, data management, client onboarding, and investment products.
• Effective problem-solving skills with the ability to collaborate across teams and functions.
• Strong relationship-building and teamwork skills.
• Clear written and verbal communication skills, with the ability to explain issues and solutions effectively.
• Interest or experience in process improvement, automation, or digital transformation initiatives.
• Strong organizational skills and attention to detail.
• Technical aptitude and willingness to learn new systems and processes.

Qualifications

• 3 to 6 years of experience in operational, data, or service roles within financial services; experience in client onboarding and/or asset management preferred.
• Demonstrated ability to use data and analytics to support process improvement and risk mitigation.
• Experience contributing to initiatives involving multiple teams or stakeholders.
• Bachelor’s Degree or equivalent combination of education and relevant work experience.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

Pay

Salary range is $61,500 - 98,300 USD. Northern Trust provides a discretionary bonus program that may include an equity component.

Benefits

• Retirement benefits (401k and pension).
• Health and welfare benefits (medical, dental, vision, spending accounts and disability).
• Paid time off, parental and caregiver leave.
• Life & accident insurance.
• Other voluntary and well-being benefits.