Transition Management Specialist

Aon is looking for an Investment Portfolio Transition Specialist in Bannockburn, IL or Chicago, IL

We’re hiring!

Aon is currently recruiting an Investment Portfolio Transition Specialist to join our team in the Bannockburn, IL or Chicago, IL office, with a hybrid schedule. The Investment Transition Specialist will be primarily focused on transition management exercises covering our North American Retirement & Investment Business supporting both our OCIO and Advisory clients. Your primary objective is to assist in the oversight of the transition process in North America ensuring advice provided to clients appropriately addresses the key risks inherent in transitioning client portfolios across all asset classes.

About the Role

Your impact as an Investment Portfolio Transition Specialist:

• Recommending optimal transition strategies that minimize costs and risk
• Evaluate the need for an external transition manager
• Assist in recommending which external transition manager to use where appropriate
• This will include evaluating managers through on-going due diligence including write-ups, meetings, conference calls and onsite visits
• Maintain knowledge of developments within the transition management industry
• Remain abreast of regulatory developments that may impact transition events
• Assist client consultants in deciding the right course of action for each transition
• Draft direction letters and review pre- and post- trade reports where needed
• Provide oversight and support during transition when needed
• Maintaining log of transition activity conducted on behalf of Aon clients
• Help with consultant and client education on transitions

About you

Your knowledge and expertise:

• Experience in working on in-house Transition exercises and/or working with external Transition Managers is preferable
• Good investment knowledge and experience in the investment industry
• Knowledge of operational aspects of different investment account structures including pooled, segregated and international account structures
• Understanding of how to maintain market exposure through matching liquidity timeframes and/or derivatives preferable
• Familiarity with the role of custodians/trustees in opening accounts, safekeeping assets, accounting/reporting, settling trades, use of sub-custodians in international markets
• Outstanding project management skills with the ability to work independently on a variety of projects, receive instructions from a number of people and meet project deadlines
• Excellent oral and written communication skills
• Excellent interpersonal skills and a team player
• Excellent time management, local organization and ability to prioritize tasks
• Attention to detail
• Ability to self-manage
• Calm under pressure
• Influencing, persuading and negotiating skills

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself.  We offer a variety of working style solutions for our colleagues as well. 

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. 

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [email protected] 

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. 

Pay Transparency Laws: 

The salary range for this position intended for U.S. applicants is $70,000 to $94,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.  The salary may also be adjusted based on applicant’s geographic location.  The actual salary may vary for applicants in a different geographic location. 

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary.  The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan. 

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions.  Eligibility for benefits is governed by the applicable plan documents and policies.

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