Associate Portfolio Advisor

Northern Trust • San Diego, CA

9d • Onsite

About The Position

Northern Trust is a global leader in innovative wealth management, asset servicing, asset management, and banking services. Since 1889, the company has been guided by its principles of Service, Expertise, and Integrity. With over 135 years of financial experience and more than 24,000 partners, Northern Trust serves sophisticated clients using leading technology and exceptional service. This role involves managing investment activities for a growing set of major fee revenue producing accounts, representing small to mid-sized personal trusts and individual portfolios. The Associate Portfolio Advisor will assist in developing and recommending strategies to achieve investment objectives for specific clients, working closely with Investment Advisors and the broader client service team. The role requires developing an influential presence with clients, co-trustees, consultants, and legal teams to ensure communication of client requirements and coordinate portfolio activity. The successful candidate will demonstrate increasing proficiency with new investment strategies, tools, and capabilities, and portfolio research through engagement with National Investment and Goals Driven Wealth Management Practices. This position provides high-level support to the Investment Advisory team and requires mastery of tools such as CRA, Wealthbench, GPS, and WM Alternatives. Additionally, the role involves providing guidance and mentoring to Investment Associates and adhering to National Investment Guidelines and sound risk management practices.

Requirements

• 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 in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.
• Minimum 2 to 4 years of investment experience working in investment services industry
• Acts as a resource for colleagues with less experience
• May lead small projects with manageable risks and resource requirements
• Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.
• Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Responsibilities

• Manages investment activities for a growing set of major fee revenue producing accounts, representing small to mid-sized 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, co-trustees, consultants, the bank's 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.

Benefits

• 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
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed