Senior Investment Associate

Northern Trust • Tampa, FL

6d

About The Position

The Senior Investment Associate supports Investment Advisors and portfolio managers by preparing client portfolio materials, handling account documentation and requests, coordinating with internal partners, and processing transactions. The role involves communicating with clients and portfolio managers, supporting client meetings, and applying investment products and services knowledge to resolve client and administrative matters. The associate also begins making recommendations to support Investment Advisors and takes a role in client meetings, including using the GDWM tool. The position requires sound risk management and adherence to National Investment Guidelines and REV peer review feedback. Applicants must be authorized to work in the U.S. without current or future employment-based visa sponsorship.

Requirements

• 1–3 years of experience within the financial services industry.
• Knowledge of investment products, services, and terminology, typically obtained through on-the-job training.
• Strong analytical, organizational, and communication skills.
• Coursework completed toward obtaining a CFA or CFP designation.
• Expanded conceptual knowledge in the job discipline and understanding of key business drivers.
• Ability to explain complex information to others in straightforward situations.
• Authorization to work in the U.S. without the need for current or future employment-based visa sponsorship.

Responsibilities

• Prepare portfolio materials for client account review meetings and retrieve requested reports from EDS, PIMS, IMS, and PAS systems.
• Set up files and account documentation for new and existing clients, including automatic payments, securities pledges, address changes, statement addresses, investment guidelines, and fees.
• Order reports for portfolio managers and clients as requested.
• Communicate with clients and portfolio managers about client requests and ensure portfolio managers follow up on those requests.
• Interact with internal partners to receive and communicate information about client relationships and portfolios.
• Work with the tax area to research discrepancies and oversee adjustments to client accounts involving tax cost issues.
• Respond to client inquiries and initiate requested transactions, including processing physical stock and bond certificates and DTC transfers.
• Follow up with clients by telephone or written correspondence.
• Process client cash transfer requests, determine whether funds are available, and contact the Investment Advisor if cash needs to be raised.
• Process fund trades through CIT or all-in-one bank applications by established deadlines.
• Review and analyze fee worksheets to ensure fees are calculated appropriately.
• Adhere to National Investment Guidelines and REV peer review feedback, and observe sound risk management practices.
• Begin proactively making recommendations to support Investment Advisors.
• Begin participating in client meetings and demonstrate mastery of the GDWM tool, including running it in client meetings.
• Solve straightforward problems and analyze possible solutions using technical experience, judgment, and precedent.
• Provide informal guidance to new team members.

Benefits

• Flexible and collaborative work culture.
• Movement within the organization is encouraged.
• Senior leaders are accessible.
• Inclusive workplace.
• Opportunities to contribute to communities through philanthropy and employee volunteer efforts.

What This Job Offers

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