Senior Portfolio Advisor

Northern Trust Corp.; Pasadena (CA); On-site; USD 189,000 - 331,000; Full time

Benefits offered by this job

401k plan and pension

Health and welfare benefits

Paid time off

Job summary

Northern Trust Corp. is seeking an experienced investment professional to manage investment activities for high net worth client portfolios and lead strategy execution across client teams in the United States.

The role requires deep knowledge of investment theory and portfolio management and strong analytical and communication skills. The successful candidate will develop programs to achieve client objectives, monitor investments, and contribute to risk management and governance practices in a

Qualifications

• Knowledge of investment and portfolio management theory, accounting and financial principles, associated investment strategies and instruments.
• Decision making, sales, and negotiating skills are required to contribute to the market’s revenue generation.
• Requires specialized depth and/or breadth of expertise in own job discipline or field.

Responsibilities

• Manages investment activities for a full set of major fee revenue producing accounts, representing large and sensitive high net worth portfolios.
• Develops, recommends, and directs the execution of programs designed to achieve investment objectives for specific individual clients.
• Analyzes and plans the overall investment strategy with continuous revision as goals and objectives change.
• Maintains an integral presence with the local client facing team to ensure communication of client requirements and coordinate portfolio activity.
• Leads others to solve complex problems and uses analytical thought to identify innovative solutions.

Skills

Investment knowledge

Portfolio management

Analytical thinking

Communication skills

Job description

About Northern TrustAs 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 USDSalary 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 AuthorizationApplicants 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 UsAs 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 AccommodationNorthern 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.