drjobs Senior Quantitative Long-Short Equity Portfolio Manager

Senior Quantitative Long-Short Equity Portfolio Manager

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 205700 - 360100

Vacancy

1 Vacancy

Job Description

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Position Summary:

Using longshort equity and other sophisticated trading investment strategies manages quantitatively driven active tax loss harvesting portfolios consistent with clients risk and return objective.

Duties and Responsibilities:

  • Manages strategies/portfolios to meet client objectives within specified guidelines regulatory framework and corporate policies.
  • Ensures that portfolios are maintained within investment guidelines and that they do not violate applicable government and industry regulations and trends.
  • Engages with clients and prospects to represent our investment process philosophy and performance.
  • Reports on performance of strategies/portfolios explaining returns across multiple relevant dimensions of attribution.
  • Rebalances strategies as needed to invest cash and/or accommodate admissions/withdrawals effecting security purchases and sales through effective communication with the trading desk.
  • Supports ongoing research efforts related to alpha generation analytic techniques or risk management by:
    • reading current and relevant papers;
    • contributing to discussions on topics of interest;
    • conducting thoughtful and accurate analysis;
    • expressing recommendations for improvement;
    • supporting research/data infrastructure as required.
  • Supports development and continuous updates to marketing material and sales collateral.
  • Responds accurately and promptly to client/partner inquiries regarding performance of strategies/ portfolios.
  • Maintains knowledge of financial markets regulatory developments and the evolving index landscape.
  • Mentor and coach other partners on the longshort tax loss investment strategy.
  • Contributes meaningfully to advancement of quantitative capabilities through leadership and initiative.

Knowledge and Skills:

  • Knowledge of modern portfolio management theory and applications with subject matter expertise with longshort investment strategy and shorting process.
  • Knowledge of securities markets acquired through work experience.
  • Exceptional organizational skills and the demonstrated ability to work independently and exercise sound business judgment.
  • Strong demonstrated skills in oral and written communication.
  • Demonstrated teamwork and interpersonal skills exemplified by the ability to forge strong relationships with internal and external partners (i.e. distribution client servicing technology performance analysis backoffice etc.)
  • Resultsoriented with attention to detail and strong analytical skills.
  • Selfstarted with a proven ability to manage workflow across cross functional teams and under multiple competing deadlines.
    Skilled in the application of quantitative financial methods statistical and econometric procedures using standard software packages such as Python SQL and/or SAS.
  • Knowledge of quantitative datasets such as Compustat IBES or Worldscope.

Experience Education/Certifications:

  • Minimum five plus years equity portfolio management experience with subject matter expertise with longshort equity investment strategy.
  • Proficiency in Python and working experience with large datasets and APIs as well as experience working with Aladdin.
  • Bachelors degree in finance statistics engineering or hard science required. MBA or advanced degree is preferred.
  • CFA preferred.

Salary Range:

$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 wellbeing benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .


We hope youre 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.


Required Experience:

Manager

Employment Type

Full-Time

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