Sr. Portfolio Advisor, Manager

Northern Trust; San Diego (CA); On-site; USD 189,000 - 331,000; Full time

Benefits offered by this job

401k plan

Pension

Health insurance

Dental insurance

Vision insurance

Life insurance

Discretionary bonus

Job summary

Northern Trust in San Diego seeks an Investment Services leader to manage a critical group, oversee performance management, staffing decisions, and client portfolio activity, coordinating with the client service team and outside counsel.

Required: 10–12 years of investment experience, knowledge of portfolio management theory and investment law, plus strong decision‑making, sales and negotiation skills. A comprehensive benefits package and discretionary bonus accompany base pay.

Qualifications

• Experience: 10–12 years in investment, research or related fields with objective performance outcomes.
• Knowledge of investment terminology, laws governing trust investments and internal policies.
• Decision making, sales, and negotiating skills are required to guide sensitive situations to agreement.

Responsibilities

• Manages investment activities for a major fee-revenue portfolio, often large and complex.
• Develops and directs programs to achieve investment objectives for specific clients.
• Analyzes and plans investment strategy with client needs in mind, coordinating with the client service team.

Skills

Decision making

Sales

Negotiation

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:

Responsible for managing an Investment Services group including conducting the performance management process and providing input for staffing and disciplinary actions.

• Manages investment activities for a reduced set of major fee revenue producing accounts (target 90% capacity), representing large and sensitive high net worth personal trusts and individual investment portfolios typically larger in size and complexity within their market.
• 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 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.
• 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.
• 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.
• Engages in thought leadership publications, educational opportunities, and practice hosted symposiums and events.
• Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
• Accountable for personal execution of initiatives, new capability rollouts, and required training.
• Provides continuous feedback on areas for improvement to leadership on national initiatives, changes, and expectations.
• Adheres to National Investment Guidelines, feedback from the REV peer review process, and observes sound risk management practices.
• Serves on standing investment services committees and participates in special projects as appropriate

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.
• Knowledge of investment terminology, the laws and regulations governing trust investments and taxation, as well as internal investment policies, procedures and strategies, usually acquired through work experience and formal education, is required to operate within the framework of trust documents.
• Decision making, sales, and negotiating skills are required to guide sensitive or difficult situations through to agreement.

Experience:

• Minimum 10 to 12 years of investment experience, which may include research, in which consistent long term investment performance has met objectives.

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 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 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.