Investment Operations Consultant II - Chicago, IL

Investment Operations Consultant II

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.

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