Associate Portfolio Advisor

ntrs; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Northern Trust in Houston, TX seeks an experienced investment professional to manage a growing set of fee-based accounts, including personal trusts and portfolios. The role collaborates with Investment Advisors to refine strategies and execute opportunities while coordinating with the client-service team.

You will leverage knowledge of investment theory, portfolio management, and financial principles to meet client objectives and drive performance.

Qualifications

• Knowledge of investment and portfolio management theory, accounting and financial principles.
• Analytical and interpretive skills to understand client needs.
• In-depth knowledge of own job discipline.
• Minimum 2–4 years of investment experience in investment services.

Responsibilities

• Manages investment activities for major fee revenue accounts with moderate size/complexity and some oversight.
• Develops recommendations to meet investment objectives for specific clients.
• Collaborates with Investment Advisors to align with overall strategy and client needs.
• Builds relationships with local client teams, co-trustees, and external counsel to communicate requirements.
• Keeps up with new investment strategies, tools, and research methodologies.
• Provides high-level support to Investment Advisory using tools like CRA, Wealthbench, GPS, WM Alternatives.
• Mentors Investment Associates and adheres to best practices per dashboards and reports.
• Contributes to initiatives, new capability rollouts, and trainings.
• Offers feedback on national initiatives and risk management practices.
• Follows National Investment Guidelines and REV peer review guidance.

Skills

Investment theory

Portfolio management

Analytical skills

Tools

CRA

Wealthbench

GPS

WM Alternatives

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Major Duties :

• 1. Manages investment activities for a growing set of major fee revenue producing accounts, representing small to mid-sized personal trusts and individual portfolios typically mid- range in size and complexity within their market with some managerial input.
• 2. Assists in development and recommendations of designed to achieve investment objectives for specific individual clients.
• 3. Works with Investment Advisors to understand the overall investment strategy and may provide input for revisions as goals and objectives change and in the context of client needs working closely and proactively with the broader client service team to identify and execute on areas of opportunity.
• 4. Developing an influential presence with the local client facing team, clients, co-trustees, consultants, the bank's legal area and outside attorneys to ensure communication of client requirements and coordinate portfolio activity.
• 5. Consistently demonstrates increasing proficiency with new investment strategies, tools and capabilities, and portfolio research and investment methodologies through regular contact and engagement with the National Investment and Goals Driven Wealth Management Practices, their peers, and broader Wealth and Asset Management.
• 6. Provides high level support to the Investment Advisory team. Demonstrates mastery level skill utilizing all tools needed including CRA, Wealthbench, GPS, and WM Alternatives. Provides guidance and mentoring to Investment Associates.
• 7. Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
• 8. Works with manager to understand how to personally contribute towards the execution of initiatives, new capability rollouts, and required training.
• 9. Provides continuous feedback on areas for improvement to leadership on national initiatives, changes, and expectations.
• 10. Adheres to National Investment Guidelines, feedback from the REV peer review process, and observes sound risk management practices.

Knowledge :

• - Knowledge of investment and portfolio management theory, accounting and financial principles, associated investment strategies and instruments, and characteristics of various marketplaces, usually acquired through formal education and work experience, is required to manage portfolios.
• - Analytical and interpretive skills are needed to understand client needs in the context of investment strategies.
• - Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.

Experience :

• - Minimum 2 to 4 years of investment experience working in investment services industry
• - Acts as a resource for colleagues with less experience
• - May lead small projects with manageable risks and resource requirements

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail] , or alternatively you can discuss your individual requirements with the recruiter you are working with.