Community Development/Impact Investing Underwriter

001 The Northern Trust Company; Chicago (IL); On-site; USD 116,000 - 197,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental leave

Life and disability insurance

Discretionary bonus

Equity component

Job summary

Northern Trust is seeking an experienced investment professional to analyze investment data, interpret market trends, and formulate buy/sell recommendations for portfolio managers and clients.

You will review holdings, perform statistical analyses, and communicate insights to internal teams and external managers. A minimum of 8+ years in investment or financial analysis is required, with strong knowledge of financial markets and reporting.

Qualifications

• 8+ years of investment or financial analysis experience.
• Knowledge of investments and the financial markets.
• Analytical and personal computer skills are needed to prepare analysis and reports.

Responsibilities

• Conducts fundamental research to analyze investment data, formulating investment recommendations for investment managers and clients.
• Interprets data concerning asset prices, yields, stability, and future trends by reviewing daily stock reports, financial periodicals, securities manuals and talking with investment managers and brokers.
• Reviews and analyzes the assets of investment portfolios to determine whether the portfolio's current holdings are meeting the portfolio objectives; makes buy and sell recommendations as appropriate.
• Conducts statistical analyses on stock or non investment grade fixed income securities price fluctuations, incorporating company results and prospects to formulate investment conclusions.
• Researches and submits findings on the sale or purchase of portfolio holdings by analyzing market trends and global politics.
• Communicates with internal and external investment managers, brokers, clients, and partners to obtain or provide investment information and to make investment recommendations.

Skills

Investments

Financial analysis

Analytical thinking

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. Conducts fundamental research to analyze investment data, formulating investment recommendations for investment managers and clients.
2. Interprets data concerning asset prices, yields, stability, and future trends by reviewing daily stock reports, financial periodicals, securities manuals and talking with investment managers and brokers.
3. Reviews and analyzes the assets of investment portfolios to determine whether the portfolio's current holdings are meeting the portfolio objectives; makes buy and sell recommendations as appropriate.
4. Conducts statistical analyses on stock or non investment grade fixed income securities price fluctuations, incorporating company results and prospects to formulate investment conclusions.
5. Researches and submits findings on the sale or purchase of portfolio holdings by analyzing market trends and global politics.
6. Communicates with internal and external investment managers, brokers, clients, and partners to obtain or provide investment information and to make investment recommendations.

Knowledge

1. Knowledge of investments and the financial markets, usually acquired by formal education or related work experience, is required to analyze data and make investment recommendations.
2. Knowledge of financial analysis, basic statistics and accounting, usually acquired through formal education, is required to analyze and interpret investment data.
3. Analytical and personal computer skills are needed to prepare analysis and reports.

Experience

8+ years of investment or financial analysis experience.

Salary

Salary Range: $116,100 - 197,300 USD Salary range is a good faith estimate of base pay.

Benefits

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

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.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)