Portfolio Advisor

Northern Trust•Phoenix, AZ

About The Position

The Portfolio Advisor manages investment activities for a full set of major fee-revenue-producing accounts, including small- to mid-sized personal trusts and individual portfolios that are typically mid-range in size and complexity within the market. The advisor helps develop and recommend investment strategies designed to meet individual clients’ objectives, and plans and revises portfolio strategies as client goals and needs change. The role works proactively with the broader client service team to identify and act on opportunities, and builds an influential presence with local client-facing teams, clients, co-trustees, consultants, the bank’s legal area, and outside attorneys to coordinate portfolio activity and communicate client requirements. The advisor maintains proficiency in investment strategies, tools, capabilities, research, and methodologies through engagement with national investment and goals-driven wealth management practices, peers, and the broader Wealth and Asset Management organization. The role is accountable for adhering to investment best practices, executing initiatives and capability rollouts, completing required training, providing feedback to leadership on initiatives and expectations, following National Investment Guidelines and REV peer-review feedback, and applying sound risk management. It also involves solving complex problems and acting as a resource for less experienced colleagues. Applicants must be authorized to work in the United States without current or future employment-based visa sponsorship.

Requirements

Minimum 6 to 8 years of investment experience, which may include research, with consistent long-term investment performance that has met objectives.
Knowledge of investment and portfolio management theory, accounting and financial principles, investment strategies and instruments, and marketplace characteristics.
Decision-making, sales, and negotiating skills.
In-depth conceptual and practical knowledge in the job discipline and basic knowledge of related disciplines.
Authorization to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

Responsibilities

Manage investment activities for a full set of major fee-revenue-producing accounts, including personal trusts and individual portfolios.
Assist in developing and recommending investment strategies designed to achieve individual clients’ investment objectives.
Plan and continually revise investment strategies as client goals and objectives change, working proactively with the client service team to identify and execute opportunities.
Coordinate portfolio activity and communicate client requirements with clients, co-trustees, consultants, the bank’s legal area, outside attorneys, and local client-facing teams.
Maintain proficiency in investment strategies, tools, capabilities, portfolio research, and investment methodologies through regular engagement with relevant practices and colleagues.
Adhere to best practices as measured by the PM Dashboard and related reporting.
Execute initiatives and new capability rollouts and complete required training.
Provide leadership with feedback on national initiatives, changes, and expectations.
Follow National Investment Guidelines and REV peer-review feedback, and observe sound risk-management practices.
Solve complex problems and act as a resource for colleagues with less experience.