Senior Portfolio Advisor

ntrs; Pasadena (CA); On-site; USD 189,000 - 331,000; Full time

Job summary

Northern Trust in Pasadena, CA seeks a senior investment professional to manage and lead execution for high net worth client portfolios. You will develop investment programs, analyze strategy, and coordinate with client service teams to meet objectives. The role requires deep portfolio and market knowledge, leadership, and adherence to risk guidelines.

Salary range listed is substantial, with comprehensive benefits and discretionary bonus potential. US work authorization required.

Qualifications

• Knowledge of investment theory, portfolio management, and financial principles.
• Decision making and negotiation skills to guide sensitive situations.
• Ability to interpret business challenges and improve products, processes or services.

Responsibilities

• Manages investment activities for a full set of major fee revenue producing accounts, typically larger in size and complexity.
• Develops, recommends, and directs the execution of programs to achieve investment objectives for specific clients.
• Analyzes and plans investment strategy with ongoing revisions to meet client goals, coordinating with client service teams.
• Maintains an influential presence with clients, co-trustees, consultants, and legal teams to align on requirements and portfolio activity.
• Leads others to solve complex problems and uses analytical thought to identify innovative solutions while upholding risk management practices.

Skills

Investment management

Portfolio management

Financial analysis

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 full set of major fee revenue producing accounts, representing large and sensitive high net worth personal trusts and individual investment portfolios typically larger in size and complexity within their market.
2. Develops, recommends, and directs the execution of programs designed to achieve investment objectives for specific individual clients.
3. Analyzes and plans the overall investment strategy with continuous revision 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. Maintains an integral and influential presence within 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 mastery 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. Engages in thought leadership publications, educational opportunities, and practice hosted symposiums and events.
7. Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
8. Accountable for personal 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.
11. Serves on standing investment services committees and participates in special projects as appropriate
12. Leads others to solve complex problems
13. Uses sophisticated analytical thought to exercise judgement and identify innovative solutions
14. Impacts the achievement of customer, operational, project or service objectives

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.
• Decision making, sales, and negotiating skills are required to contribute to the market's revenue generation and guide sensitive or difficult situations through to agreement.
• Requires specialized depth and/or breadth of expertise in own job discipline or field.
• Interprets internal/external business challenges and recommends best practices to improve products, processes or services.
• Communicates difficult concepts and negotiates with others to adopt a different point of view.

Experience :

• Minimum 8 to 12 years of investment experience, which may include research, in which consistent long term investment performance has met objectives.
• May lead functional teams or projects with moderate resource requirements, risk, and/or complexity.

Salary Range:

$189,290 - 331,200 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).

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 an