Senior Portfolio Advisor II, Foundation & Institutional Advisors

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.

SENIOR PORTFOLIO ADVISOR II OUTSOURCED CHIEF INVESTMENT OFFICER (OCIO)

Northern Trusts Outsourced Chief Investment Officer (OCIO) group is seeking an experienced institutional portfolio manager to serve as the lead advisor on discretionary OCIO mandates for sophisticated institutional clients including foundations endowments healthcare organizations and associations. This role is designed for a senior investment professional with deep institutional experience strong investment judgment and the ability to lead committees through complex investment decisions. Typical client portfolios range from approximately $25 million to $500 million.

Role Overview

The Senior Portfolio Advisor II is responsible for asset allocation manager selection and ongoing portfolio oversight for institutional clients with complex objectives. The role combines hands-on investment leadership with high-level client engagement including frequent interaction with investment committees and boards. The successful candidate will also play an active role in new business development including RFPs and finalist presentations.

Primary Responsibilities

Institutional Portfolio Management & Asset Allocation

Serve as lead portfolio manager for discretionary institutional OCIO relationships with responsibility for strategic and tactical asset allocation decisions.

Design and implement customized investment strategies aligned with client objectives spending policies risk tolerance and governance constraints.

Monitor portfolios on an ongoing basis and adjust based on internal guidence on market conditions valuation and client circumstances.

Manager Selection & Due Diligence

Select evaluate and recommend external investment managers across asset classes in partnership with Northern Trusts research and due diligence teams.

Present manager changes clearly and persuasively to investment committees.

Oversee implementation of manager transitions and allocation changes.

Investment Committee & Board Leadership

Present portfolio results asset allocation decisions and investment topics to investment committees boards CFOs and senior executives.

Facilitate constructive dialogue and help committees build consensus around complex investment decisions.

Educate clients on capital markets portfolio construction risk management and emerging investment topics.

Client Relationship & Service Leadership

Act as the primary investment advisor and trusted partner to clients.

Coordinate cross-functional internal teams to ensure high-quality execution timely issue resolution and consistent client experience.

Proactively identify opportunities to add value through portfolio enhancements governance guidance and strategic insights.

Business Development & Practice Growth

Contribute meaningfully to new business efforts including RFP responses finalist presentations and prospect meetings.

Articulate Northern Trusts OCIO investment philosophy and capabilities to prospective institutional clients.

Support the ongoing growth and evolution of the OCIO practice.

Required Qualifications

Experience

Minimum of 10 years of institutional investment experience including direct responsibility for portfolio management asset allocation and client advisory work.

Experience working with sophisticated institutional clients such as endowments foundations healthcare organizations pension plans or similar entities.

Education & Professional Credentials

Advanced degree or professional certification required.

CFA preferred

Technical & Professional Skills

Deep understanding of institutional investment theory portfolio construction and multi-asset investing.

Demonstrated expertise in asset allocation manager selection and performance evaluation.

Strong presentation skills with the ability to explain complex investment concepts clearly to non-investment audiences.

Client & Business Acumen

Proven ability to lead investment committees and guide group decision-making toward consensus.

High level of professionalism judgment and credibility with senior institutional stakeholders.

Demonstrated success supporting or winning new institutional business.

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 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 .

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.