Quantitative Equity Portfolio Manager

Chicago, IL - USA

Monthly Salary: $ 137400 - 233600

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

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 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:

The candidate will manage equity portfolios in a tax-sensitive manner against a range of domestic and international indexes for institutional and high net worth individuals. The candidate willparticipatein new business development efforts and contribute to research efforts aimed at product expansion.

Knowledge/Skills:

Knowledge of modern portfolio management theory and applications as well as statistics and quantitative methods in financeacquiredthrough formal education.

Knowledge of tax implicationsofinvestment decisions.

Knowledge of securities marketsacquiredthrough work experience and formal education.

Analytic organizational and communication skills areto successfully manage a diverse load of client portfolios.

Team orientation and ability to engage with external groups (e.g.sales client servicing technology trading desk performance analysts and back-office)

Major Duties:

Usesportfolio optimization tools to create and rebalanceportfolios based on index and model changes as well as in response to tax management opportunities. Communicates tradeobjectivestodedicatedtrading desk for execution.

Collaborates with team members to create rebalancing strategies.

Develops client transition analysis and asset shopping requests.

Reports on pre- and after-tax performance of portfolios under management andinvestigatessignificant deviations.

Ensures that portfolios aremaintainedwithin firm guidelines andapplicablegovernment or industry regulations.

Responds to client and internal partner inquiries related to current and potential new client portfolios.

Engage in client servicing and sales/marketing activities including prospect meetings and industry conferences.

Researchesand reports on new products and services within the industry.

Stays abreast of new developments concerning regulatory issues that may affect the portfolios under management.Assistswith special projects to improve technologyprocessesand efficiencies.

Experience/Education:

Three to six years of experience in an investment management environment.

Advanced degree in finance statistics engineering or hard science required or
CFA preferred.

Salary Range:

$137400 - 233600 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.

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

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 worlds most successful individuals families and...