Consultant, Client Solutions, Total Portfolio Solutions (Finance)

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.

The Consultant, Client Solutions, TPS role is responsible for the oversight of daily operational support for TPS clients. The Total Portfolio Services function provides operational and technology solutions of complex asset allocators across the globe.

AREAS OF FOCUS:

Billing

• Process owner and primary contact for all invoicing and fee related setups for TPS
• Provide necessary information to Fee Billing team for the production of invoices, fee setups, analysis and calculations for FOS product clients.
• Proactively monitor fee information for errors with calculations, input, and variances in fees from one period to another.
• Resolve fee related inquiries in a timely manner.
• Communicate and escalate potential billing issues to Fee Billing/TPS Management as required.
• May perform various analysis required to assess the financial position and operational results of the organization.
• Research moderately complex accounting transactions and reporting issues

Financial Reporting & Forecasting

• Supports monthly financial analysis and reporting (actual spend to date, forecast and status of spend) for TPS across multiple areas: Operations, Client Support, and Client Delivery.
• Creates accurate analysis and reporting through attention to detail and in-depth business understanding. Recognizes unexpected variances and investigates the cause by partnering across TPS teams. In-depth knowledge of the numbers and is able to comfortably speak to the data with stakeholders and senior leadership.
• Presents information in a concise, intuitive format focused on key takeaways and actionable recommendations to leadership.
• Works with TPS leadership and Finance support team to create annual financial plan.
• Works with key stakeholders within and outside of TPS (such as Procurement, Finance, external vendors, etc.) to analyze opportunities to improve financial performance of TPS.
• Creates processes as needed to collect key data points related to the above types of analysis.
• Passionately looks for and pursues improvements to data quality, aggregation, analyses, and reporting for monthly, annual, and ad hoc processes. Approaches challenges by embracing new technologies and collaborating with team partners.
• Manages execution of improvement projects by creating clear plans, holding yourself and the team accountable to milestones and deliverables, and providing transparent communication to leadership and stakeholders.

Vendor & Expense Management

• Create and maintain monthly reporting of vendor level expenses. Analyze and report on variances and expense optimization opportunities.
• Work with Business Owner to assess business justification for their vendor spend
• Partner with Procurement to process vendor renewals

R EQUIRED KNOWLEDGE & SKILLS

• Ability to apply operational business practices and coordinate with other closely related areas to improve efficiency.
• Advanced knowledge of Microsoft Suite (Excel, Word, PowerPoint, Power BI and automation tools), with particular emphasis on Excel.
• Understanding of institutional investment industry, including markets, instruments, funds, fund structures, trading, etc., including alternative assets and related operational processes.
• Explains information, conveys performance expectations and handles sensitive issues.

QUALIFICATIONS

• 4+ years of industry experience, preferably billing, financial analysis/modeling and project management is ideal
• Attention to detail and ability to multi-task & prioritize work

• Experience with financial analysis, ability to create, support and test financial models. Comfortable with large data sets and integrating data from multiple sources.
• Prior project management skills working across a large organization involving many different functional areas.
• Solid communication skills, written and oral. Ability to communicate across all levels of the organization.
• B.A. or B.S. degree.

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Salary Range:
$66,700 - 113,300 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.

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.