Northern Trust

Investment Associate

Northern Trust • $83K — $141K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's in finance, economics, accounting, business, or related field.
  • 3-4 years of experience with institutional investors or similar contacts.
  • Strong problem-solving skills and ability to listen purposefully.
  • Excellent written and verbal communication skills.
  • Ability to synthesize complex information and manage multiple priorities.
  • Proficiency in Microsoft Office and CRM platforms.
  • Series 7 and 63 licenses required within 90 days.

Responsibilities

  • Support Relationship Managers with client relationships and business development.
  • Act as the main contact for client inquiries and servicing needs.
  • Cultivate strong relationships by anticipating client needs and recommending solutions.
  • Participate in client meetings and due diligence reviews.
  • Coordinate meeting logistics and ensure timely follow-up on action items.
  • Manage account maintenance activities and onboarding processes.
  • Lead cross-team coordination to resolve client issues.

Benefits

  • Comprehensive benefits package including 401k and pension plans.
  • Health benefits including medical, dental, and vision coverage.
  • Paid time off and parental leave options.
  • Life and accident insurance provided.
  • Discretionary bonus program with potential equity component.
  • Voluntary well-being benefits available.
Full Job Description
Role Summary:

The Investment Associate serves as a key member of Northern Trust Asset Management's Global Institutional Client Group, partnering with Relationship Managers to deliver exceptional service and strategic support to institutional investors.

The Investment Associate plays a critical role in fostering strong client relationships, coordinating cross-functional resources, and ensuring client requests, deliverables, and operational activities are executed efficiently and accurately.

Key Responsibilities:
  • Partner with Relationship Managers to support a portfolio of institutional client relationships and new business development efforts.
  • Serve as a day-to-day contact for client inquiries, requests, and servicing needs.
  • Cultivate strong working relationships with client contacts and their service providers. Demonstrate ability to add value by anticipating client needs and proactively recommending appropriate solutions.
  • Participate in client meetings and due diligence reviews.
  • Coordinate meeting logistics, prepare materials, and ensure timely follow-up on action items.
  • Manage account maintenance activities, including onboarding, mandate changes, restructures, and account-related requests.
  • Lead coordination across investment, operations, reporting, compliance, legal, custody, and technology teams to resolve client matters.
  • Facilitate due diligence requests, consultant questionnaires, RFPs, and information requests from clients and prospects.
  • Partner with Relationship Managers to strength client relationships, identify growth opportunities, and maintain accurate documentation of client interactions and business development activities.


Necessary Qualifications
  • Bachelor's degree in finance, economics, accounting, business, or a related field. 3 to 4 years of experience interacting with institutional investors or similar professional contacts.
  • Ability to listen purposefully and apply problem-solving skills to identify and quickly address client servicing issues. Must be capable of communicating confidently and effectively with sophisticated institutional investors and their investment consultants. Excellent written and verbal communication skills.
  • Ability to synthesize complex information, manage multiple priorities, exercise judgment, and recognize risk.
  • Proficiency with Microsoft Office applications and CRM platforms.
  • Series 7 and 63 licenses required and must be obtained within the first 90 days of employment.


Salary Range:
$83,100 - 141,300 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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Finance & Insurance
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ
NTRS
* Ladders Estimates

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