Wintrust Financial Corporation · 1 month ago
Operations Associate II - Chicago, IL
Chicago, IL
Full-time
Onsite
Entry, Mid Level
$55K/yr - $77K/yrWintrust Financial Corporation is a leading financial services company that has been serving clients since 1931. The Operations Associate II will play a key role in ensuring the smooth functioning of the firm’s investment operations, maintaining accurate records, and liaising with custodians and brokers to resolve issues.
Financial ServicesWealth Management
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
Qualification
Required
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)
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
Preferred
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)
Ideal candidate would possess experience with the following systems: Advent APX, Moxy, Rules Manager, SharePoint, SQL, and SSRS
Benefits
Medical Insurance
Dental
Vision
Life insurance
Accidental death and dismemberment
Short-term and long term Disability Insurance
Parental Leave
Employee Assistance Program (EAP)
Traditional and Roth 401(k) with company match
Flexible Spending Account (FSA)
Employee Stock Purchase Plan at 5% discount
Critical Illness Insurance
Accident Insurance
Transportation and Commuting Benefits
Banking Benefits
Pet Insurance
Company
Wintrust Financial Corporation
Wintrust Financial Corporation delivers sophisticated financial capabilities with a community bank personality across its businesses in banking, specialty finance, and wealth management.
Founded in 1995
5001-10000 employees
H1B Sponsorship
Wintrust Financial Corporation has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (26)
2024 (15)
2023 (19)
2022 (27)
2021 (10)
2020 (7)
Funding
Current Stage
Public CompanyTotal Funding
$683MKey Investors
CIVC Partners
2025-05-08Post Ipo Equity· $425M
2022-06-07Post Ipo Equity· $258M
2020-05-05IPO
Leadership Team
Timothy Crane
President and Chief Executive Officer
Recent News
2026-01-03
The Magnificent Mile Association
2025-11-11
Company data provided by crunchbase