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Manager, Investment Performance Attribution Analysis

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.Role Summary:Northern Trust Asset Management 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 Manager - Investment Performance Attribution role will be responsible for the calculation of performance and GIPS composites across a wide range of investment portfolios and fund products, with focus on accuracy and timeliness of the returns. The individual will be responsible for the creation and maintenance of GIPS composites to support the firm's reporting, marketing and product development efforts. The individual sought will be a thought leader and analytically proficient based upon prior experience and expertise, also demonstrate people management skill for a diverse global team in multiple locations.The scope of responsibilities will include regularly optimizing the GIPS composite and performance workflow to ensure data quality and create scale, This role will act in partnership with practice groups including Portfolio Management, Product Management, Sales and Marketing, Investment Operations, and others from the Performance & Attribution team. The role will also involve identifying, solutioning, and championing digital and automation initiatives to transform operational effectiveness and responsiveness to achieve scale while expanding upon the team's current core functional output.Primary Duties and Responsibilities:Act as a subject matter expert on Global Investment Performance Standards (GIPS), investment performance measurement, investment performance analytics, and drive excellence across this practice. Responsibilities include:• Serve as a key subject matter expert and drive best practices across the firm regarding GIPS composites content across all investment disciplines. Working with the Product team to ensure alignments between products and GIPS composites.• Work with core-competency teams to develop, communicate, and execute the strategic roadmap for maintaining highest standard and consistency GIPS composite performance records, performance calculation methodologies and meeting all regulatory and audit standards.• Ensure governance and oversight of data processes used to calculate the values, thus facilitating compliance with established thresholds for accuracy and timeliness.• Be a thought leader in identifying opportunities for digitization and automation to deliver both standard and customized reporting and insights efficiently, accurately, and at scale.• Collaborate with multi-disciplinary teams such as Product, Legal & Compliance and performance to assess the current state and architect the future state of global operating models, processes, and capabilities to successfully support evolving business needs related to GIPS and Performance.• Assess service level agreements and suggest improvements to create a robust governance and control framework to ensure the delivery of timely and accurate GIPS composites and marketing materials.• Participate in the development of calculation and reporting data governance standards that are agreed and leveraged across global teams to ensure data quality.• Oversee existing and prospective applications (proprietary and vended) to ensure fit-for-purpose platforms.• Stay informed of regulatory and industry requirements that may impact data elements required for presentation to clients and prospects.• Proactively identify and implement improvements to existing processes to further gain operational efficiency and productivity.• Be a culture leader to foster a collaborative and respectful environmentNecessary Knowledge and Skills:• Detailed understanding of the CFA's GIPS guidelines and methodologies, asset management business, with expertise in fixed income, equity and multi-asset strategies. Familiarity of Alternative investment process, performance and attribution analysis are complimentary to the role.• Robust knowledge of and experience with managing large scale production of GIPS composites and supporting marketing is ideal. A senior role responsible for performance calculation across diverse investment vehicles with the knowledge of BlackRock Solutions' Aladdin analytics, FactSet and first-in-class composite tools are preferrable.• Strong analytical, organizational, and problem-solving skills.• Strong consultative skills ranging from gathering market and competitor insights, strategy development, influencing, facilitation and consensus building.• Prior experience working with and influencing others to unlock new opportunities to drive excellence.• Experience assessing and implementing performance and analytics platforms is desired.• Experience in driving digital and automation-driven transformation to generate efficiencies and scalability.• Experience with calculators, operating platforms, database and financial modeling used by a scaled performance measurement, attribution and GIPS environment.• Global outlook with sensitivity and awareness of social and cultural differences.• Strong situational awareness, communication skills and decision making capabilitiesNecessary Experience and Education:• Bachelor degree; CFA and/or CIPM designation strongly preferred.• At least 10-15 years of work experience in hands-on maintenance of large scale of GIPS framework, and working with Product functions to support the publishing of official investment performance and marketing materials.• Extensive understanding of the asset management industry, with a demonstrated track record within the performance and analytics space at a mid-to-large investment management firm.• Demonstrate substantial understanding of performance measurement methodologies, including performance analytics and attribution• Proficiency with investment as well as reporting and analytic tools and databases.Salary Range:$137,400 - $188,900Salary range is an estimate of base pay. Northern Trust provides a comprehensive benefits package, including retirement and pension plan contributions, health and welfare benefits, paid time off, parental and caregiver leave, life insurance, and other wellbeing benefits.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. #MadeForGreaterReasonable accommodationNorthern 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 MyHRH[redacted].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.
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Join a Team That’s Made for Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the dri...

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Full-time, on-site
DATE POSTED
September 18, 2024

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