Jon Toth Email & Phone Number

Chicago, Illinois, United States

Chicago, Illinois

Chicago, Illinois

Investment Operations Outsourcing

Chicago, Illinois

• Provide project management support for client directed events involving a transition manager or in-kind activity • Manage multiple events simultaneously across various client segments and asset classes ranging upwards of $1B in asset movements• Function as the key liaison between internal partners, outside consultants, and vendors to ensure that all expectations are clearly defined, roles/responsibilities are established, and timelines are met• Work on activities across all client segments and with both defined benefit and defined contribution plans• Establish best practices to increase client satisfaction• Oversee in-kind transition activities to ensure all proper risk controls are in place and adhered to• Determine and implement process improvements to mitigate risk and increase client satisfaction

Chicago, Illinois

• Served as the subject matter expert for both clients and relationship managers for market opening procedures and regulations in complex global markets• Followed changes in market regulations that impacted segregated market openings provided in the daily Atlas Bulletin• Prepared sub-account opening, tax reclaim, and global proxy documentation to be completed by the client• Participated in various department initiatives to determine opportunities and implement strategies to increase revenue• Gathered the necessary information to file forms from the IRS used to claim tax benefits in foreign countries and as supporting documentation for segregated market openings

Chicago, Illinois

• Acted as liaison between investment managers and numerous internal partners within Northern Trust to facilitate the needs of clients• Reported daily trade fails and overdrafts to the transition manager and assisted in rectifying these issues• Worked with terminated managers on reconciling accounts in order to provide a certified list of assets to the transition/new investment manager• Supplied reconciled lists to investment managers following asset transfers for both domestic and global accounts

Chicago, Illinois

• Communicated with prior trustees to ensure all client assets were received within scheduled timeframe• Provided procedures and documentation to various internal and external areas regarding account processing• Reviewed accounts for system compatibility and ensured all information was present and usable from a systems perspective• Transferred and monitored security movement through DTC and the FED• Served as the technical resource for the prior or successor trustees to ensure all client assets were delivered and/or received• Researched and determined procedures for restricted securities with pending trades or corporate actions