Associate Portfolio Advisor
Associate Portfolio Advisor
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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.
Job Description Summary:
Manages a small set of fee producing investment accounts generally for small to mid sized personal trust relationships and individual investors requiring a baseline level of technical expertise and versatility with an expanding knowledge of a broad range of investment solutions. This role requires certification and continuous growth in the utilization and appropriate execution of our Goals Driven client experience emerging technology capabilities investment methodologies and our full suite of investment solutions delivered in coordination and in collaboration with the broader client service team.
Provides high level support to the Investment Advisory team. This role will have a mastery level of knowledge utilizing all tools such as CRA WealthBench GPS WM Alternatives IWS FactSet Fee Proposal Tool. Provides guidance and mentorship to Investment Associates.
Assists Investment Advisor team in supporting risk and compliance requirements for the team including:
Working diligently to mitigate losses due to error and being mindful of possible contingencies.
Coordinating and/or supporting investment or client service teams monthly REV and New Account Review processes and documentation with direction from manager.
Major Duties:
Manages investment activities for a growing set of major fee revenue producing accounts representing small to midsized personal trusts and individual portfolios typically mid range in size and complexity within their market with some managerial input.
Assists in development and recommendations of designed to achieve investment objectives for specific individual clients.
Works with Investment Advisors to understand the overall investment strategy and may provide input for revisions 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.
Developing an influential presence with the local client facing team clients cotrustees consultants the banks legal area and outside attorneys to ensure communication of client requirements and coordinate portfolio activity.
Consistently demonstrates increasing proficiency 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.
Provides high level support to the Investment Advisory team. Demonstrates mastery level skill utilizing all tools needed including CRA Wealthbench GPS and WM Alternatives. Provides guidance and mentoring to Investment Associates.
Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
Works with manager to understand how to personally contribute towards the 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.
Experience:
A College or University degree in Finance Economics or other business related focus and relevant financial services industry work experience is required.
Proven years of investment experience working in investment services industry
Knowledge of investment economic and financial principles usually acquired through completion of a formal degree program is required to manage investment activities.
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.
Analytical and interpretive skills are needed to understand client needs in the context of investment strategies.
Requires indepth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.
Completion or progression towards CFA CFP CAIA or CPWA highly valued
Salary Range:
$114540.00 $ 154560.00 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 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:
IC
Employment Type
Full-Time
