Consultant, Asset Management Front Office Support

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide 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 is a multi-asset class investment manager offering a broad range of investment solutions. The primary focus of this role will be to provide expert support to the Portfolio Management teams in the overall management of their accounts and to provide dedicated “front line” support to allow them to focus on Investment Management and Trade Execution.

Responsibilities

• Serve as the primary day-to-day support contact for assigned Portfolio Management teams.
• Perform daily validation of positions, market values, cash balances, and exposures; investigate breaks and coordinate resolution with Reconciliation, Custody, and accounting teams.
• Monitor trades from execution through confirmation, settlement, and downstream reporting; proactively resolve exceptions with internal and external counterparties.
• Act as a liaison between Front Office, middle/back-office teams, vendors, and outsourced partners to resolve data, process, and lifecycle issues.
• Support onboarding and maintenance of new accounts, strategies, and instruments across investment platforms, coordinating with New Account Setup and Technology teams.
• Manage corporate action elections, lifecycle events, and instrument-specific processing (including derivatives and OTC products where applicable).
• Support counterparty, venue, and broker relationships, including setup, entitlements, and ongoing operational readiness.
• Assist with performance and attribution reviews, ad-hoc analysis, and client or internal data requests.
• Generate and deliver Transaction Cost Chargeback (TCC) and ETF P&L breakdowns, partnering with Portfolio Management and Trading to explain drivers, reconcile variances, and support investment and execution reviews.
• Contribute process improvements, automation initiatives, and control enhancements to reduce operational risk and improve scalability.
• Partner with global teammates across North America, EMEA, and APAC to provide consistent coverage and knowledge sharing.

Requirements

• 3-5 years of relevant asset management/financial services experience, preferably in investment operations.
• Strong analytical and problem-solving skills with the ability to investigate complex data and process issues.
• Clear, professional written and verbal communication skills; comfortable interacting with senior investment stakeholders.
• Solid understanding of securities markets and the investment lifecycle across equities, fixed income, FX, futures, and derivatives.
• Working knowledge of trade execution, confirmation, settlement, and reconciliation processes.
• High proficiency in Microsoft Excel; experience with data analysis and reporting.
• Familiarity with corporate actions and instrument lifecycle events.
• Experience with investment and market data platforms such as Aladdin by BlackRock, Bloomberg, FXall, Perform, IHS Markit/S&P, and internal NT systems (e.g. TCC, IIP) strongly preferred.
• Ability to work independently in a fast-paced, deadline-driven environment while maintaining strong attention to detail.

Pay

Salary range is $74,200 - 126,200 USD. Northern Trust provides a discretionary bonus program that may include an equity component.

Benefits

• Comprehensive benefits package including 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.

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