Northern Trust

3 months ago

Specialist, Business Management - Investment Operations

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Role focused on overseeing fee billing and revenue processes within Investment Operations, driving the design and enhancement of a Revenue Oversight platform, and delivering business analysis to improve billing accuracy, efficiency, and controls across multiple asset classes.

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Finance & Accounting

Seniority: Mid level

Key Responsibilities

•Support the end-to-end invoicing lifecycle, including development, compilation, review, validation, and distribution of client invoices across multiple asset classes and product structures.
•Act as a subject matter expert on fee billing processes, fee schedules, and underlying data flows, proactively identifying risks, breaks, and opportunities for improvement.
•Partner with the Fee Billing Team to investigate and resolve complex billing exceptions, discrepancies, and client inquiries.
•Embed strong risk mitigation, controls, and documentation into all billing and revenue-related processes.
•Support the design, build, and ongoing enhancement of the Revenue Oversight Platform, serving as a key liaison between business users and technology teams.

Pay and Benefits

Salary: USD 114,700 - 194,900 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveEquity

Key Requirements

•3–5+ years of experience in investment operations, fee billing, business analysis, or related financial services roles
•Bachelor’s degree or equivalent experience; advanced degree or relevant certifications (e.g., Business Analysis, Project Management, Lean/Six Sigma) a plus
•Asset Management experience strongly preferred
•Demonstrated experience supporting operational teams while also leading business analysis and project-based work
•Proven ability to work independently on complex, high-impact initiatives while collaborating effectively across functions

Experience:3-5 yearsInvestment operationsFee billingAsset managementFinancial servicesBusiness analysis

Education:Bachelor's

Skills:CommunicationStakeholder managementProblem-solvingAttention to detailCross-functional collaboration

Languages:English

Tech Stack:SQLSnowflake

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

3 months ago

Specialist, Business Management - Investment Operations

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Finance & Accounting

Seniority: Mid level

Key Responsibilities

•Support the end-to-end invoicing lifecycle, including development, compilation, review, validation, and distribution of client invoices across multiple asset classes and product structures.
•Act as a subject matter expert on fee billing processes, fee schedules, and underlying data flows, proactively identifying risks, breaks, and opportunities for improvement.
•Partner with the Fee Billing Team to investigate and resolve complex billing exceptions, discrepancies, and client inquiries.
•Embed strong risk mitigation, controls, and documentation into all billing and revenue-related processes.
•Support the design, build, and ongoing enhancement of the Revenue Oversight Platform, serving as a key liaison between business users and technology teams.

Pay and Benefits

Salary: USD 114,700 - 194,900 annually

Equity and Bonus:Equity

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveEquity

Key Requirements

•3–5+ years of experience in investment operations, fee billing, business analysis, or related financial services roles
•Bachelor’s degree or equivalent experience; advanced degree or relevant certifications (e.g., Business Analysis, Project Management, Lean/Six Sigma) a plus
•Asset Management experience strongly preferred
•Demonstrated experience supporting operational teams while also leading business analysis and project-based work
•Proven ability to work independently on complex, high-impact initiatives while collaborating effectively across functions

Experience:3-5 yearsInvestment operationsFee billingAsset managementFinancial servicesBusiness analysis

Education:Bachelor's

Skills:CommunicationStakeholder managementProblem-solvingAttention to detailCross-functional collaboration

Languages:English

Tech Stack:SQLSnowflake

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn