Co-Head, US Investment Operations

Co-Head, US Investment Operations

locations

Chicago, IL

time type

Full time

posted on

Posted Yesterday

job requisition id

R159754

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Summary

Northern Trust Asset Management (NTAM) is a trillion-dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.

The Co-Head of US Investment Operations, reporting to the Global Head of Investment Operations, is responsible for shaping strategy and overseeing the daily operations of NTAM’s core investment operations functions.

In partnership with Investments, Product, Marketing, Distribution, the COO Office, Data Office, and Technology, this role supports execution of the strategic roadmap and helps maintain a world-class operating model across NTAM’s books of record, including IBOR, ABOR, and PBOR. The role ensures accurate representation of positions, transactions, and cash across Eagle, Aladdin, and Archer.

Key areas of accountability include Front Office Support, Client Account Management, model management and rebalancing, and intermediary operations. Success in the role requires strong relationships with internal and external stakeholders, including custodians, transfer agents, brokers, fund accountants, and technology vendors, as well as the digital and people leadership needed to achieve scale.

Essential Duties and Responsibilities

Lead and drive excellence across this practice. Responsibilities include:

• Lead core investment operations functions, including client onboarding and management, system set-ups, front office support, rebalancing support and model execution, and intermediary oversight across all NTAM clients, accounts, and funds.

• Oversee the follow-the-sun model and drive best practices and standards across all regions, influencing teams globally via functional reporting lines.

• Collaborate with multi-disciplinary teams to assess current state and architect future-state operating models, processes, and capabilities required to successfully suppor