Quantitative Active Equity Portfolio Manager

The Northern Trust Company; Chicago (IL); On-site; USD 137,000 - 234,000; Full time

Benefits offered by this job

Discretionary bonus program

401k and pension

Health benefits

Paid time off

Job summary

Northern Trust Asset Management in Chicago seeks an Associate Quantitative Active Equity Portfolio Manager to perform day-to-day portfolio management, enhance the platform with quantitative insights, and support client relationships.

You will work with global teams, report to the Head of Quantitative Equity Portfolio Management, and contribute to signal development and risk management with a focus on alpha generation.

Qualifications

• Master's degree in mathematics, economics, statistics, computer science, engineering, or equivalent.
• CFA charter preferred.
• 5+ years of experience in investment management with quantitative research a strong plus.
• Experience in managing, processing and analyzing large data sets.
• Passion for investing.
• Willingness to work independently and drive projects to completion.
• Strong communication and presentation skills.

Responsibilities

• Manage day-to-day activities of strategies/portfolios to meet client objectives within guidelines.
• Collaborate with portfolio managers to create and execute trades.
• Enhance investment alpha focusing on portfolio management processes.
• Participate in signals development, model design, portfolio construction, and risk management.
• Respond to client/partner inquiries regarding performance of strategies/portfolios.
• Represent our platform to prospective clients.
• Collaborate with Quant Analytics to build and maintain portfolio tools.

Skills

Python

AI techniques familiarity

Strong self-starter

Critical thinking

Attention to detail

Good communication

Presentation skills

Education

Master's degree in analytical field

CFA charter preferred

Tools

Portfolio management tools

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.

Job Description

Northern Trust Asset Management (NTAM) is a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environment, so they can confidently realize their long-term objectives.

Based in Chicago, this Associate Quantitative Active Equity Portfolio Manager's responsibilities include but are not limited to performing day-to-day portfolio management functions, enhance the portfolio management platform using technology and quantitative insights, participate in team trading discussions, interact with partners in quant research, operations, front and middle office on issues critical to portfolio management, and support the client relationship and sales process.

The role reports to the Head of Quantitative Equity Portfolio Management and works in concert with global teams and specialists to support the NTAM investment process.

Knowledge/Skills

Strong self-starter with critical thinking skills, pro-active mindset and keen attention to detail.

Ability to quickly master new applications and tools in order to evolve the capabilities of the quantitative platform

Understanding of AI techniques and skillset to apply them in an investment context

Advanced analytical and computer skills, including programming experience in Python and experience with AI (preferred).

Major Duties

• Manage day-to-day activities strategies/portfolios to meet client objectives within specified guidelines, regulatory frame-work and corporate policies. Collaborate with other portfolio managers to create and execute necessary trades.
• Enhance investment alpha with particular focus on portfolio management processes and approaches.
• Participate in projects of signal development, model design, portfolio construction, and risk management.
• Respond accurately and promptly to client/partner inquiries regarding performance of strategies/portfolios.
• Represent our platform to (prospective) clients.
• Collaborate with the Quant Analytics team to build and maintain portfolio tools used to analyze and research quant active investment strategies.
• Support and enhance our overall Quantitative investment process and platform using technology.

Qualifications

• Masters degree in an analytical field such as mathematics, economics, statistics, computer programing, engineering, or equivalent.
• CFA charter preferred.
• 5+ years of experience in the investment management industry, with experience in quantitative research being a strong plus.
• Passion for investing.
• Experience in managing, processing and analyzing large data sets
• Willingness to work independently, be a self-starter, and take projects through to completion.
• Strong communication skills
• Solid presentation skills

Salary Range

$137,400 - 233,600 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being 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
• Northern Trust also provides a 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