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Job Description
Investment data management specialist sought to provide holistic data sets for institutional clients, researching solutions for data challenges and preparing investment reconciliations.
About Northern Trust: A globally recognized financial institution with a history dating back to 1889, providing innovative financial services and guidance to successful individuals, families, and institutions.
**Job Responsibilities:**
• Acts as point of initial entry for all investment data, including investment transactions, valuations, manager valuation estimates, and underlying holdings manager exposure data.
• Prepares investment reconciliations, including reconciliation of cash, positions, performance, transactions, and alternative investment metrics.
• Reviews NAV, allocation, and underlying client performance for alternative investments.
• Participates in ongoing process improvements based on specialized skills, knowledge, and experience.
**Requirements:**
• Basic knowledge of the investment industry, including markets and instruments.
• Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
• Ability to prioritize, multi-task, and perform effectively under deadlines.
• Commitment to project success, requiring working unconventional hours during critical project phases.
**Preferred Qualifications:**
• Functional/industry knowledge of complex asset allocators such as endowments, foundations, family offices, institutional asset managers, pension funds, or sovereign wealth funds.
• Technical skills/systems knowledge (investment administration & portfolio analytics platforms).
• Orientation to operational process improvement.
• Client servicing experience.
• Ability to work closely and collaborate with internal stakeholders.
**Education:**
• College or University degree, preferably in Finance, Accounting, Mathematics, Economics, or a related field.
• Interest in pursuing: CFA, CAIA, CIPM.