Lead Equity Index Portfolio Manager

Northern Trust Corp; Chicago (IL); Hybrid; USD 137,000 - 234,000; Full time

Benefits offered by this job

401k

Pension

Health insurance

Paid time off

Parental leave

Equity bonus

Job summary

Northern Trust Corp in Chicago seeks an Equity Portfolio Manager to lead index portfolio construction and implementation for ETFs, funds, and SMA accounts. You will monitor tracking error, risk, and benchmark alignment while coordinating with traders and research teams to optimize execution.

The role emphasizes governance, client-focused discussions, and process improvements using Aladdin and related tools; a strong communication style is required.

Qualifications

• 5+ years in equity index portfolio management, implementation, or related field.
• Strong knowledge of equity markets, index construction, and replication.
• Experience with corporate actions, rebalances, and transitions.

Responsibilities

• Manage a range of equity index portfolios, ETFs, and SMA accounts within client guidelines.
• Oversee daily portfolio implementation, including cash equitization and events.
• Lead index reconstitutions, corporate actions, and benchmark changes.
• Collaborate with traders and researchers to optimize execution and costs.
• Support risk oversight, performance attribution, and governance.

Skills

Equity index management

Portfolio implementation

Trading

Analytical skills

Communication

Decision making

Education

Bachelor's degree in Finance/ Economics/ Mathematics/ Engineering / Data Science

Tools

Aladdin

Python

SQL

VBA

Job description

Northern Trust Corp in Chicago seeks an Equity Portfolio Manager to lead index portfolio construction and implementation for ETFs, funds, and SMA accounts. You will monitor tracking error, risk, and benchmark alignment while coordinating with traders and research teams to optimize execution.

The role emphasizes governance, client-focused discussions, and process improvements using Aladdin and related tools; a strong communication style is required.