Operations Associate II (Education)
Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets.
Great Lakes Advisors
Great Lakes Advisors, LLC is an SEC-registered Investment Advisor headquartered in Chicago, Illinois with additional offices in Tampa, Florida and Stamford, CT. Established in 1981, Great Lakes Advisors, LLC manages and advises on assets for the full range of both institutional and private wealth clients. We offer actively managed equity, fixed income, and multi-asset strategies to our clients and strive to be a collaborative partner in helping them to attain their investment goals. Great Lakes Advisors, LLC is a wholly owned subsidiary of Wintrust Financial Corporation, a publicly traded financial services company (NASDAQ: WTFC). Operating as a stand-alone investment manager and as a wholly owned subsidiary of WTFC, Great Lakes Advisors LLC has ample resources with the strong balance sheet that Wintrust provides.
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 9 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and discretionary or incentive bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Promote from within culture
Why join this firm?
We employ approximately 300 associates and are responsible for more than $25+ billion of client assets
Strong track record of valuing and investing in existing talent by providing opportunities for growth and advancement
We hold ourselves to the highest standard of service and integrity in the industry
We have a strong reputation for quality service and impeccable ethics
Responsibilities
Play a key role in ensuring the smooth and efficient functioning of the firm's investment operations.
Maintain accurate records of portfolio data in portfolio management accounting system including daily reconciliation, trade affirmation/settlement, security setup, pricing/account valuation, corporate actions, system automation, data workflow/custom reporting (SSRS).
Liaise with custodians, brokers, and internal teams to resolve reconciliation issues, trade discrepancies, or settlement issues.
Open/close client accounts and complete ongoing account maintenance in accordance with internal operational and regulatory processes and procedures.
Assist in maintaining GIPS compliant composites; provide support for periodic production of portfolio/composite performance data, portfolio risk statistics (performance attribution, etc.), and compliance reporting.
Monitor various reports and client account activity to ensure accuracy and identify any data quality issues.
Identify potential problems immediately and escalate issues to management to seek timely resolution.
Work closely with various internal groups to identify operational inefficiencies and assist with development and implementation of operational workflow improvements.
Participate in systems implementations, upgrades, and UAT.
Act as liaison between operations, portfolio managers, and client service teams.
Respond to ad hoc requests related to trades, cash flows, reconciliations, etc.
Meet all firm policy, compliance, and regulatory requirements.
Requirements
Bachelor's degree in business, Finance, or related field required.
Confident ability to interact with executive management, investment teams, trading, sales and service teams, and vendors.
Experience working with investment operational applications -- investment accounting, reconciliation, and performance analytics systems (APX, Factset, Bloomberg experience preferred)
Basic understanding of operational processes and performance measurement concepts (GIPS experience a plus)
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Ideal candidate would possess experience with the following systems:
Advent APX, Moxy, Rules Manager, SharePoint, SQL, and SSRS
Demonstrated understanding of complex investment and portfolio management products including alternative investments a definite plus.
Exceptional verbal and written skills; detail-oriented and strong problem-solving and analytical skills.
Proven ability to work independently and handle multiple responsibilities with a high degree of accuracy in a fast-paced, demanding work environment.
Strong capability to work collegially with various internal partners while maintaining a strong sense of accountability to the role and team.
The estimated salary range for this role is $59,000 - $79,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
#li-hybrid
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.
