Director of GLA Investment Operations
About The Position
Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets.
Requirements
- Bachelor’s Degree required, ideally in Finance, Economics, or a related field.
- 10-12+ years of experience in Investment Management Operations or related field.
- Highly proficient in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint).
- Ability to work within deadlines and prioritize projects.
- A self-motivated employee and an effective team player.
- Exceptional verbal and written communication skills.
- Experience working with investment operational applications -- investment accounting, reconciliation, and performance analytics systems, Advent preferred
- Demonstrated understanding of complex investment and portfolio management products including alternative investments a definite plus.
Responsibilities
- Point of escalation for day-to-day operational issues or concerns, escalate critical issues, facilitate timely resolution with available resources
- Lead the Institutional, intermediary and sub-advisory operations (separately managed accounts, commingled funds, collective investment trusts, ETFs, etc.)
- Ensure appropriate daily coverage of critical functions as well as to monitor/maintain core systems
- Coordinate and ensure team meets deadlines on periodic deliverables and hold them accountable
- Ensure proper cross-training across operational functions
- Ensure policies/procedures and/or checklists are created, approved and maintained for all critical functions and sub-functions or periodic deliverables
- Maintenance of all aspects of portfolio accounting system (APX/Advent) including daily reconciliation, trade affirmation/settlement, security setup, pricing/account valuation, corporate actions, system automation, data workflow/custom reporting
- Assist in supporting the Head of Performance & Data with GIPS compliant composites; provide support for periodic production of portfolio/composite performance data and portfolio risk statistics (performance attribution, etc.)
- Work closely with various internal groups to improve operational efficiencies and proactively identify procedural, technical and data/reporting issues
- Monitor reports to identify data quality issues and coordinate resolutions
- Resolve client account reconciliation issues that may occur between portfolio accounting system and various third-party client custodians
- Open/close client accounts and complete ongoing account changes
- Prepare monthly/quarterly client reports and seek ways to improve process
Benefits
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
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What This Job Offers
Job Type
Full-time
Career Level
Director
