Quantitative Equity Portfolio Manager

Northern Trust Corp; Chicago (IL); Híbrido; USD 137.000 - 234.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

401k plan

Pension plan

Health insurance

Paid time off

Descripción de la vacante

Northern Trust Corp seeks a Quantitative Equity Portfolio Manager to oversee tax-aware equity portfolios for high-net-worth and institutional clients in Chicago. You will blend quantitative portfolio construction, risk oversight and direct client engagement to deliver tailored investment outcomes.

Responsibilities include daily portfolio review for tax-loss harvesting, rebalancing and risk control, plus collaboration with trading, research and operations to optimize client objectives.

Formación

• 5–8 years in investment management or equity portfolio management.
• Bachelor’s degree in finance/economics/math or related field; CFA preferred.
• Experience with tax-aware portfolios and direct indexing is preferred.
• Strong communication and client-facing skills.

Responsabilidades

• Manage tax-aware equity portfolios for high-net-worth, family-office and institutional clients.
• Review portfolios and optimization outputs to identify tax-loss-harvesting, cash-management, rebalancing and risk-control opportunities.
• Construct and rebalance portfolios to client-directed benchmarks and customized objectives while managing tracking error and costs.
• Coordinate with trading, research, technology, operations, performance, risk, compliance and tax partners; document decisions and escalate issues.
• Explain portfolio decisions and outcomes to clients and internal partners; participate in prospect meetings and due diligence.

Conocimientos

Equity markets

Quantitative methods

Portfolio construction

Risk management

Tax implications

Educación

Bachelor’s degree in finance/related field

Descripción del empleo

## Quantitative Equity Portfolio ManagerApply: Chicago, IL: Full time: Posted Today: R162004**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. **Role purpose.** Manage personalized, tax-aware equity portfolios for high-net-worth, family-office and institutional clients, combining quantitative portfolio construction, disciplined implementation, risk oversight and direct client engagement.**Key Responsibilities*** Review portfolios and optimization outputs daily to identify tax-loss-harvesting, cash-management, rebalancing and risk-control opportunities* Construct and rebalance portfolios to client-directed benchmarks and customized objectives while managing tracking error, transaction costs, wash-sale considerations, and cash flows* Develop and review transition analyses for cash-funded, in-kind, appreciated and concentrated portfolios; evaluate gain budgets, tax/risk trade-offs and gradual diversification paths* Implement client restrictions, sustainability screens; monitor pre- and after-tax performance, tax alpha, risk, exceptions and guideline compliance.* Coordinate with trading, research, technology, operations, performance, risk, compliance, legal and tax partners; document material decisions and escalate complex issues appropriately* Explain portfolio decisions, customization and outcomes to clients, advisors, consultants and internal partners; participate in prospect meetings, due diligence, education and marketing activities* Contribute to research, product development and scalable workflows across direct indexing, tax-aware quantitative strategies, concentrated-stock diversification and, where applicable, long/short tax-loss-harvesting solutions**Required Knowledge and Skills*** Strong knowledge of equity markets, modern portfolio theory, quantitative portfolio construction, statistics, risk management and the tax implications of investment decisions* Ability to interpret optimization results, risk models, tracking error, factor exposures, transition analyses and pre- and after-tax performance* Sound investment judgment, attention to detail, control discipline and the ability to manage a diverse portfolio load within a systematic workflow* Clear communication and a collaborative, client-focused approach across investment, distribution and control functions**Experience and Education*** Approximately 5-8 years of relevant experience in investment management, equity portfolio management, quantitative research, securities analysis, trading or investment technology; title and level may be calibrated to experience* Bachelor’s degree in finance, economics, mathematics, statistics, engineering, computer science or a related field; an advanced degree is valued* CFA designation or meaningful progress toward the CFA is preferred; relevant CFP, CPA or graduate credentials are also valued* Experience with SMAs, tax-aware portfolios, direct indexing, quantitative equity or customized portfolios is strongly preferred. Long/short equity, margin, securities lending or prime-broker experience is desirable**Success Measures**Disciplined implementation aligned with client objectives; effective management of tax outcomes, tracking error, transaction costs and operational risk; credible client communication; and measurable contributions to research, scalability and team effectiveness. 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. 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).