Associate Portfolio Advisor (Finance)
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
This is an office-based position and for the effective performance of this role, the duties and responsibilities must be carried out onsite.
The Associate Portfolio Advisor w orks with ultra-high-net-worth individuals and families to communicate investment strategies, build investment portfolios and educate the next generation on ways to preserve and build wealth. Supports senior investment advisor to consistently deliver a high level of proactive client service and support. Role requires a meticulous, inquisitive professional with a strong foundation in investments, knowledge of broad array of investment solutions, desire to utilize a goals driven investment process, and ability to coordinate and collaborate with the broader client service team. Monitors and takes ownership of risk and compliance requirements by consulting with investment advisor on deficiencies, communicating with clients to eliminate exceptions and w orking diligently to mitigate losses due to error.
• Supports invest advisor in managing sophisticated, more complex ultra-high net worth individuals and families. Manages investment activities including portfolio implementation, manager selection, rebalancing, and trade execution.
• Participates in client meetings by providing economic and market commentary, presenting investment research and communicating changes to portfolio tactics given current economic climate and market environment.
• Prepares investment plans and coordinates portfolio analytics, asset allocation analysis, and presentation materials for clients and prospects. Assists in development of recommendations based on strategic and tactical asset allocation considerations.
• Manages and monitors external managers and alternative investments including private equity, real estate and hedge funds. Supports investment advisor in presenting and updating existing clients on these investment solutions.
• Works closely with client service team to understand overall wealth strategy and to proactively identify and execute on areas of opportunity .
• Consistently demonstrates increasing proficiency with new investment strategies, tools and capabilities, and portfolio research and investment methodologies through regular contact and engagement with peers, internal and external asset managers and our national investment and goals driven wealth management practices.
• Develops an influential presence with our regional client teams as well as our clients, their trustees and their advisors to ensure prompt and accurate communications and coordinate portfolio activity.
• Adheres to best practices and national investment guidelines as measured by the PM Dashboard and related reporting. Observe sound risk management practices.
The successful candidate will benefit from having the following competencies:
• Broad understanding of financial markets and knowledge of investment and portfolio management theory, accounting and financial principles, associated investment strategies and instruments usually acquired through undergraduate degree in business, finance, economics or equivalent and 3-5 years of investment experience working in the financial services industry.
• A passion for the investment business and excellent communication skills. Preference toward candidates pursuing an advanced degree, CFA, CFP or other professional designation.
• Analytical and interpretive skills to understand client needs.
• Teamwork and organizational skills combined with an attention to detail to meet deadlines and to overcome roadblocks and solve problems.
• Advanced Excel skills and strong knowledge of PowerPoint and Word.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
