Job Description
At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
The Investment Operations Consultant II is responsible for ensuring accurate and timely processing, reconciliation, and reporting of investment data across multiple systems and stakeholders.
This is a "hybrid" role and the selected candidate will need to work in one of the Chicago offices one day per week.
This role spans the full investment lifecycle, from trade capture and broker matching to valuation and financial close, requiring strong analytical skills, attention to detail, and cross-functional collaboration.
Key Responsibilities
• Resolve data exceptions within specified guidelines when possible, and prompt escalation when needed
• Security master set-up/review of various investments such as bonds, equities and bank loans
• Perform preliminary root cause analysis and make recommendations for procedure and control modifications to increase accuracy and efficiency
• Create/modify/terminate Allstate investment portfolios in all investment systems based on requests provided by the Portfolio Management Group.
• Communicate with valuation service providers to resolve unpriced securities or prices outside of tolerances
• Interact with other organizational areas to investigate and resolve data related issues
• Work effectively in a team environment including participation in cross-team knowledge and awareness
• Help coordinate and participate in team projects, assignments and team responsibilities such as continual process improvements and strengthening of controls
• Own and be accountable for execution of responsibilities
Knowledge/Skills/Abilities/Experience
• 2 or more years of financial and/or pricing/valuation experience, accounting or internal management reporting experience, preferably in the Investments or Financial Services industries.
• Basic Microsoft Excel and Microsoft Suite skills, SQL and Tableau a plus
• Aladdin or Clearwater experience a plus
• Good oral and written communication skills
• Good organizational and time management skills
• Flexible and able to adapt to changing circumstances
• Solid problem solving and decision-making skills
• Time management skills and ability to meet deadlines
Skills
Accounting, Data Integrity, Finance, Investments, Microsoft Excel, Microsoft Power Business Intelligence (BI)
Compensation
Compensation offered for this role is 62,100.00 - 103,950.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, ****** and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or ****** orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
Job Description
The Investment Operations Consultant II is responsible for ensuring accurate and timely processing, reconciliation, and reporting of investment data across multiple systems and stakeholders.
This is a "hybrid" role and the selected candidate will need to work in one of the Chicago offices one day per week.
This role spans the full investment lifecycle, from trade capture and broker matching to valuation and financial close, requiring strong analytical skills, attention to detail, and cross-functional collaboration.
Key Responsibilities
• Resolve data exceptions within specified guidelines when possible, and prompt escalation when needed
• Security master set-up/review of various investments such as bonds, equities and bank loans
• Perform preliminary root cause analysis and make recommendations for procedure and control modifications to increase accuracy and efficiency
• Create/modify/terminate Allstate investment portfolios in all investment systems based on requests provided by the Portfolio Management Group.
• Communicate with valuation service providers to resolve unpriced securities or prices outside of tolerances
• Interact with other organizational areas to investigate and resolve data related issues
• Work effectively in a team environment including participation in cross-team knowledge and awareness
• Help coordinate and participate in team projects, assignments and team responsibilities such as continual process improvements and strengthening of controls
• Own and be accountable for execution of responsibilities
Knowledge/Skills/Abilities/Experience
• 2 or more years of financial and/or pricing/valuation experience, accounting or internal management reporting experience, preferably in the Investments or Financial Services industries.
• Basic Microsoft Excel and Microsoft Suite skills, SQL and Tableau a plus
• Aladdin or Clearwater experience a plus
• Good oral and written communication skills
• Good organizational and time management skills
• Flexible and able to adapt to changing circumstances
• Solid problem solving and decision-making skills
• Time management skills and ability to meet deadlines
Skills
Accounting, Data Integrity, Finance, Investments, Microsoft Excel, Microsoft Power Business Intelligence (BI)
Compensation
Compensation offered for this role is 62,100.00 - 103,950.00 annually and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation.
Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, ****** and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or ****** orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
💡 Quick Summary
Seeking a career-building opportunity? The Investment Operations Consultant position is now open for candidates interested in the Bank Jobs sector. This role in Chicago offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
