Associate Consultant - Enterprise Market Data at Northern Trust in Chicago, Illinois

Job Description:

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.

Under general supervision (but works independently most of the time) the Associate Consultant is responsible for the delivery of global market data services. Northern Trust leverages the use of financial market data to support many of our products and processes globally. NT's business units rely on a variety of pricing, data, information and tools to support clients, investment decisions, custody, outsourcing (IOO) and fund operations on a daily basis to name a few. The team works across all classes of financial instruments including equities, fixed income, currency, derivatives, research and news.

Northern Trust has centralized the global management of market data, brokerage, clearing and sub custody within the Enterprise Market Data team. This team is responsible for managing enterprise use of these services including but not limited to sourcing, global vendor management, entitlements of services, inventory of users, cost allocation, invoice validation and processing, supplier reporting and supplier audits amongst other responsibilities. The team is also very engaged with our Clients in services such as RFP responses, Industry SME sessions, presentations, onboarding and redistribution validation to name a few.

Major Duties:

• Dialogue with partners and business units to ensure satisfaction and understanding of our process and available services.


• Interacts with business, partners, and vendors to formulate and implement strategy and solutions to enhance existing services, create new efficiencies, and improve processes.


• Carries out complex activities with significant financial, vendor, and/or internal business impact


• May have direct interaction with committees and/or Senior Management


• Able to serve as a key subject matter expert and mentor to other more junior level employees


• May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)


• More technically sound in area of expertise and has broader knowledge of other areas


• Delivers a work product that requires less revision


• Able to facilitate strategic discussions and reach decisions

Knowledge:

• Excellent oral and written communication skills are required

• In-depth Functional / Industry Knowledge is required

• Highly flexible and adaptable to change

• Technical skills / systems knowledge is required

Experience:

• A College or University degree and/or relevant proven work experience is preferred. Related Industry qualification is preferred

• Five + years of experience in the financial industry is preferred.

• Familiarity with various market data roles and use cases

• Commands strong listening, written, and oral skills

• Capacity to handle multiple complex tasks simultaneously

• Previous experience managing large negotiations in financial services

#LI-Hybrid

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.