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.

Overview of the Role:

The Collective Investment Trust (“CIT”) Product Management Team is seeking an individual to support product management and administration activities for a collective and common fund complex with more than 150 funds and $500 billion in assets under management.

The CIT Product Management team is responsible for the management and oversight of Northern Trust Investments, Inc.’s internally managed collective and common funds. In performing its responsibilities, the team works with asset class product managers, investment strategists, relationship management teams, portfolio managers, operations, legal, risk, and compliance. The team also works with its affiliated custodian/administrator and with external advisors and agents.

CIT Product Specialist Key Responsibilities:

• Coordinating fund launches and closures
• Reviewing and completing documentation related to account openings, fund registrations, and taxes in foreign markets
• Collaborating with internal teams including relationship management, portfolio management, custody, fund administration, operations, legal, risk, and compliance teams
• Engaging internal and/or external resources to ensure fund compliance with market or tax requirements
• Leading or attending meetings with fund service providers
• Understanding the roles and responsibilities of the upstream and the downstream processes/partner areas
• Partnering with technology and operational support teams for product, business, and/or system enhancements
• Preparing periodic updates and metrics to management and NTI (Northern Trust Investments) Board
• Supporting ad hoc CIT and global product management team initiatives

Skills and Experience:

• Bachelor's degree in finance, accounting, business, or other relevant area
• 10 – 15+ years of experience in fund administration, fund accounting, custody and/or product management supporting daily-valued pooled funds
• Experience with bank-sponsored common and collective funds preferred
• Motivated self-starter
• Demonstrated ability to collaborate with teams to achieve objectives and meet deadlines
• Effective communication skills
• Highly flexible and adaptable to change
• Strong organizational skills
• Familiarity with custody/fund accounting reports and financial statements
• Ability to multi-task and handle completion of competing priorities
• Excel, Word, and PowerPoint proficiency

Salary Range:

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.