Portfolio Advisor

Northern Trust • Chicago, IL

1d • Hybrid

About The Position

Manages investment activities for a full set of major fee revenue producing accounts, representing high net worth (HNW) ultra-high net worth (UHNW) personal trusts in the Family Office Solutions (FOS) team. Assists in development and recommendations of designed to achieve investment objectives for specific individual clients. Analyzes and plans the overall investment strategy with continuous revision 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 within 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 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. Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting. Accountable for personal 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. Solves complex problems.

Requirements

• Minimum 6 to 8 years of investment experience working with wealth management clients that consists of high net worth and ultra-high net worth clientele.
• Consistent long term investment performance has met objectives.
• 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.
• Decision making, sales, and negotiating skills are required to contribute to the market’s revenue generation and guide sensitive or difficult situations through to agreement.
• Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job discipline.
• Acts as a resource for colleagues with less experience.

Nice To Haves

• A professional designation e.g. CFA is preferred.

Responsibilities

• Manages investment activities for a full set of major fee revenue producing accounts, representing high net worth (HNW) ultra-high net worth (UHNW) personal trusts in the Family Office Solutions (FOS) team.
• Assists in development and recommendations of designed to achieve investment objectives for specific individual clients.
• Analyzes and plans the overall investment strategy with continuous revision 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 within 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 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.
• Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting.
• Accountable for personal 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.
• Solves complex problems.

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: Senior
• Education Level: No Education Listed