Portfolio Advisor

Northern Trust • Phoenix, AZ

1d

About The Position

The Portfolio Advisor manages investment activities for a full set of major fee-producing accounts, typically small- to mid-sized personal trusts and individual portfolios of mid-range size and complexity. The role helps develop investment recommendations tailored to individual client objectives and plans and revises investment strategies as client goals and needs change. Working proactively with the broader client service team, the Portfolio Advisor identifies and acts on opportunities while coordinating portfolio activity with clients, co-trustees, consultants, the bank’s legal area, and outside attorneys.

The Portfolio Advisor applies investment strategies, tools, portfolio research, and investment methodologies, staying engaged with Northern Trust’s National Investment and Goals Driven Wealth Management Practices, peers, and the broader Wealth and Asset Management organization. The role is accountable for following best practices and investment guidelines, completing initiatives and required training, applying sound risk management, and providing feedback to leadership. It also solves complex problems and serves as a resource for less-experienced colleagues.

Requirements

• Knowledge of investment and portfolio management theory, accounting and financial principles, investment strategies and instruments, and the characteristics of various marketplaces.
• Decision-making, sales, and negotiating skills to contribute to market revenue generation and guide sensitive or difficult situations toward agreement.
• In-depth conceptual and practical knowledge in the job discipline and basic knowledge of related disciplines.
• At least 6 years of investment experience, which may include research, with consistent long-term investment performance meeting objectives.
• Authorization to work in the U.S. without employment-based visa sponsorship now or in the future.

Responsibilities

• Manage investment activities for a full set of major fee-producing accounts, including small- to mid-sized personal trusts and individual portfolios of mid-range size and complexity.
• Assist in developing and recommending investment approaches designed to achieve individual clients’ objectives.
• Analyze and plan overall investment strategies, revising them as client goals and objectives change and in the context of client needs.
• Work proactively with the broader client service team to identify and execute opportunities.
• Develop an influential presence with the local client-facing team, clients, co-trustees, consultants, the bank’s legal area, and outside attorneys to communicate client requirements and coordinate portfolio activity.
• Maintain proficiency with investment strategies, tools, capabilities, portfolio research, and investment methodologies through engagement with relevant practices, peers, and the broader Wealth and Asset Management organization.
• Adhere to best practices as measured by the PM Dashboard and related reporting.
• Execute initiatives, new capability rollouts, and required training.
• Provide leadership with ongoing feedback on areas for improvement in national initiatives, changes, and expectations.
• Follow National Investment Guidelines and REV peer-review feedback, and observe sound risk-management practices.
• Solve complex problems.
• Act as a resource for colleagues with less experience.

Benefits

• Flexible and collaborative work culture.
• Movement within the organization is encouraged.
• Senior leaders are accessible.
• Inclusive workplace.
• Community assistance and philanthropy are part of the company culture.

What This Job Offers

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