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Investment Compliance Associate

Job Description

Who we are

Northern Trust is a preeminent global financial institution that provides asset servicing, investment management and wealth management services for institutions, high-net-worth individuals and families. For more than 130 years, our success has been anchored in one purpose: to serve as our clients’ most trusted financial partner, guarding and growing their assets as though they are our own. Our market-leading technological capabilities—spanning from artificial intelligence for currency management, blockchain for fund administration and cloud-based solutions to deliver personalized wealth management services—allow us to deliver the highest level of service to our clients with speed and precision.

What we do

Northern Trust’s international business has grown dramatically over the last decade. Some of our largest clients are located in Asia and Australia, which represents a rapidly growing client base for the company. Our intricate understanding of the region allows us to provide unique insights and strategic perspectives to our clients. Currently, we have client offices in Beijing, Hong Kong, Melbourne, Singapore, Seoul, Tokyo and Kuala Lumpur.
Northern Trust is proud to serve the Australian community with global capabilities, meaningful insights and exceptional service. Institutional clients across Asia Pacific have relied on Northern Trust for effective solutions and ethical guidance across asset servicing and asset management since 1986.

Role Summary

Investment Risk and Analytical Services (IRAS) provides Investment Performance and Risk Measurement reporting and analysis, Compliance Guideline Monitoring, and Private Markets reporting and analysis across the Corporate ERISA, Public Funds, Foundations and Endowments, Wealth Management, Global Family Office and Sovereign Wealth Funds client segments. IRAS utilizes a suite of proprietary reporting applications to deliver a broad range of investment analysis from rates of return and asset allocation reporting to benchmark comparisons and attribution analysis. This analysis supports the evaluation, measurement and decision making process of key constituents. IRAS works in tandem with multiple operational and client service focused groups across Northern Trust.

The Investment Compliance Associate uses specific knowledge of the investment analytics and client-servicing disciplines to achieve goals through own work. You have specific knowledge of financial markets and financial concepts and uses expertise to provide guidance to others as a project manager or consultant.

What you will do

• Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments
• Has limited impact on own work team
• Daily Compliance Monitoring breach reviews
• Work closely within the global compliance team
• Liaise with global compliance partners (product and client service) to keep product and service deliverables scalable, in line with proven product and service model and identify opportunities
• Works within standardized procedures and practices to achieve objectives and meet deadlines
• Own low touch client relationships that subscribe to more simplistic reporting and supports senior partners on clients of varying complexity, (independently evaluating and responding to client inquiries, determining service requirements, providing training, producing client reporting,
• and helping clients interpret financial metrics to understand the impact of their investment decisions)
• Regularly Interface with senior staff at Northern Trust and/or client offices (CIOs, Treasurers, Directors of Investments), with oversight from more senior partner
• Identifies process improvements and implements solutions with support of more senior team members
• Works with internal operations and client servicing partners to problem solve client issues and requests in order to ensure accuracy and timeliness of all information provided to clients
• Independently produces custom reporting, and executes client projects with limited oversight
• Provide data quality oversight of work completed by more junior IRAS partners
• Assists more junior IRAS partners with prioritization of work
• Participate in complex client projects and provide solutions to client requests

Your Knowledge/Skills

• Requires conceptual knowledge of theories, practices and procedures within a job discipline
• Exchanges straightforward information, asks questions and checks for understanding
• Uses insights into how the IRAS team integrates with other teams within Business Services, C&IS, and Wealth Management to coordinate efforts and resources to achieve shared and individual objectives, as well as to provide support in solving cross-practice problems
• Bachelor’s degree, preferably in business, finance, technology or related field
• 2-5 years of relevant experience in investment analysis or trust-investment related background, investments operations, client-servicing, or transferable experience from a related field
• Excellent business judgment is required in order to quickly assess a situation and proactively develop solutions to complex client needs
• Use of Microsoft Office tools, advanced Excel skills preferred
• Strong organizational, written, and verbal client servicing skills
• Excellent time management and multi-tasking skills
• Strong analytical and computer skills, particularly Microsoft Excel
• Attention to detail

Highly Desirable:

• Interest in, or progress towards CFA, CIPM, CAIA or other investments-related professional designation is a plus
• Exposure to Northern Trust or third party financial software is a plus

As of 31 December 2021, Northern Trust Corporation had:

• $16.2 trillion in assets under custody/administration
• $12.6 trillion in assets under custody
• $1.6 trillion in assets under management
• $184 billion in banking assets

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience. Which Is why we are honored to receive the following awards in 2022:

• Gender Equality Index Member, Bloomberg, 2022 (5th consecutive year)
• Top ranking of 100% on the Human Rights Campaign Foundation’s, Corporate Equality Index, 2022 (For the 15th consecutive year, Northern Trust has scored 100% and earned the designation as a “Best Place to Work for LGBTQ Equality”)

In Australia, we are actively involved in many ways with both community and diversity organisations, which includes charity participation days. For families, we offer a very generous parental leave scheme, and all staff have access to subsidised health insurance if they choose.

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 ethical companies. Build your career with us and apply today!

• Want to learn more about our company? Visit
• We are a leading global financial institution- Click here to check out our company accolades!

Salary on offer: $91,875.00 plus super