Senior Consultant Implementation, Portfolio Solutions

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.

Job Summary

Portfolio Transition Management is the process of reallocating assets to new investment portfolios for pension plans and other institutional investors.  The Senior Implementation Manager will face off with a range of key event stakeholders including clients, consultants, asset managers and custodians. The Senior Implementation Manager is expected to contribute at all stages of the portfolio transition event life cycle.  Working in partnership with the event Strategist, the Implementation Manager will oversee the event from pre-trade analysis, client set up (account opening and portfolio list management, trade execution, post trade analysis and event close out.

The Senior Implementation Manager will be responsible for the more complex assignments with focus on multi-asset events (mostly fixed income and global equity), global markets and currencies.

 Work Model: Hybrid

Major Duties:

• Coordinate across Operations teams and  external custodian and their appointed teams
• Open account(s) on Bloomberg AIM (Our OMS/Portfolio system) and manage SSI’s
• Works with investment managers to obtain portfolio lists
• Prepares the trade files and trade tickets
• Submit and route portfolio trades the trade desks
• Manage currency requirements for global trade settlement and submit FX trades
• Ensure account opening documentation is completed with client and internal onboarding
• Completing components of the checklist related to their duties
• Reconcile AIM accounts vs custodian records post trade
• Arrange securities transfers into and out of TM accounts with clients investment managers
• Leads conference calls with investment managers and custodians
• Manage futures trading with the TM strategist, including margin monitoring
• Run post trade analysis and present to the client with the sales/RM team

Knowledge:

• Global Equities and fixed income product and markets knowledge, usually acquired through related work experience, is required to oversee the successful implementation of portfolio transition events.
• Communication skills and the ability to coordinate effectively across multiple stakeholders and services are required to manage associate operational and implementation risks.
• Knowledge of operational aspects including position management, trade preparation, SSI set-up, settlements and project management skills are required.
• Excel and related technical skills.  Detail oriented approach is required.

Qualifications:

• Series 7 and 63 licenses are required or will need to be acquired within 90 days of employment.

Salary Range:

$95,600 - 162,400 USD

Salary range is a good faith estimate of base pay. 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.

Working with Us: 

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 

Reasonable accommodation

  

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

 
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.