Specialist, Business Management - Investment Operations

Northern Trust

Actively hiring
Chicago, IL Posted 56 days ago $114,700$194,900 / year

At a glance

AI generated

TL;DR

The Specialist in Business Management role within Northern Trust’s Investment Operations COO organization requires an individual to support the end-to-end invoicing lifecycle and drive enhancements to the Revenue Oversight Platform. This position involves collaborating closely with various teams including Fee Billing, Technology, and Data to ensure accurate fee billing and revenue oversight. Key responsibilities include resolving complex billing issues, conducting gap analysis for platform improvements, and leading business analysis initiatives. The role demands strong proficiency in SQL and Snowflake, along with experience in investment operations or related fields. Candidates must possess advanced analytical skills, the ability to manage multiple stakeholders, and a keen eye for process improvement within the asset management domain.

Skills

SQL Snowflake Azure DevOps Jira CI/CD Python PostgreSQL Kubernetes AWS Terraform Docker Prometheus Grafana

What you'll do

  • Support the end-to-end invoicing lifecycle for client invoices across multiple asset classes.
  • Act as a subject matter expert on fee billing processes and data flows to identify risks and improvements.
  • Lead business analysis and requirements definition for enhancements to the Revenue Oversight Platform.
  • Conduct gap analysis and translate business needs into clear, actionable artifacts for platform development.
  • Perform root-cause analysis on operational issues and lead process improvement initiatives.

What we're looking for

  • 3-5+ years experience in investment operations, fee billing, or related financial services roles.
  • Strong proficiency in SQL and hands-on experience with Snowflake or similar cloud data platforms.
  • Ability to conduct business analysis, process improvement, and project management.
  • Experience supporting operational teams while leading complex initiatives independently.
  • Bachelor’s degree required; advanced degree or relevant certifications preferred.
  • Proven skills in communication, stakeholder management, and adaptability in fast-paced environments.
  • Demonstrated capability in risk mitigation, controls, and documentation for billing processes.

Market check

Salary context

This $114,700–$194,900 range sits above 45% of similar postings on FindRole.

Peer median band

$137,000$188,100

Median floor and ceiling across peers.

Typical midpoint (25–75%)

$128,000$199,500

Middle half of comparable postings.

Based on 237 comparable postings.

* 240 is the maximum number of comparable postings sampled.

Employer

About Northern Trust

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, and high-net-worth individuals. Industry: Financial Services & Asset Management

Northern Trust currently has 20 open roles on FindRole.

Listed pay typically runs $137,400–$233,600 across 18 roles with salary data.

Most-posted roles

View all roles at Northern Trust

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