Sr Analyst, Front Office Support

Northern Trust • Chicago, IL

3d

About The Position

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Northern Trust Asset Management is a global, multi‑asset investment manager supporting institutional and personal clients worldwide. The Front Office Support (FOS) team provides critical, front‑line operational and data support to Portfolio Management and Trading, enabling investment teams to focus on alpha generation, risk management, and execution. This role partners closely with Portfolio Managers, Traders, Risk, Operations, Technology, and external service providers to ensure accurate data, timely trade processing, and smooth day‑to-day portfolio operations across global markets.

Requirements

• 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.
• Ability to work independently in a fast‑paced, deadline‑driven environment while maintaining strong attention to detail.
• 3–5+ years of relevant experience in investment management, front office support, or investment operations.
• Bachelor’s degree required (Finance, Economics, Accounting, or related field preferred).

Nice To Haves

• 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.

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.

Benefits

• Northern Trust provides a 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, and other voluntary and well-being benefits.
• Northern Trust also provides a discretionary bonus program that may include an equity component.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level