Operations Associate I (Administrative)
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
- Maintain all aspects of portfolio accounting system (APX / Advent) including daily reconciliation, trade affirmation/settlement, security setup, pricing/account valuation, corporate actions, system automation, data workflow/custom reporting (SSRS)
- Assist in maintaining GIPS compliant composites; provide support for periodic production of portfolio/composite performance data and portfolio risk statistics (performance attribution, etc.)
- Work closely with various internal groups to improve operational efficiencies and proactively identify procedural, technical and data/reporting issues
- Monitor various reports to identify data quality issues and coordinate resolutions
- Resolve client account reconciliation issues that may occur between portfolio accounting system and various third party client custodians
- Open/close client accounts and complete ongoing account changes
- Prepare monthly/quarterly client reports and seek ways to improve process
Requirements
- Bachelor's degree required
- Proficiency in Microsoft Office
- Experience working with investment operational applications -- investment accounting, reconciliation and performance analytics systems (APX and Factset experience preferred)
- Solid understanding of performance measurement concepts (GIPS experience a plus)
- Basic understanding of operational trading process
- Ideal candidate would possess experience with the following systems:
- Advent APX, Moxy, Rules Manager, SharePoint, SQL and SSRS
- Must show initiative to learn new systems, workflows and promote adoption across the team, as well as proactively suggest improvements
- Excellent organizational skills/attention to detail;
- Must have a sense of urgency;
- Team player, yet capable of challenging ideas/existing practices;
- Desire and ability to work on a small team in a small, open company environment
The estimated salary range for this role is $50,000 - $65,000, 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.
