Senior Portfolio Advisor

Northern Trust • Pasadena, CA

4d

About The Position

Northern Trust is seeking a Senior Portfolio Advisor to manage investment activities for a full set of major fee revenue-producing accounts, including large and sensitive high-net-worth personal trusts and individual investment portfolios that are typically larger and more complex within their market. The advisor develops, recommends, and directs investment programs tailored to individual clients, and continuously plans and revises investment strategies as client goals and needs change.

The role works closely with the broader client service team and maintains an influential presence with local client-facing teams, clients, co-trustees, consultants, the bank’s legal area, and outside attorneys to communicate client requirements and coordinate portfolio activity. The advisor stays current on investment strategies, tools, capabilities, research, and methodologies through engagement with national practices and colleagues, contributes to thought leadership and educational events, and adheres to investment guidelines, peer-review feedback, and sound risk-management practices.

The Senior Portfolio Advisor is accountable for personal adherence to best practices, execution of initiatives and training, and providing feedback to leadership. The position may lead functional teams or projects and serves on investment services committees or special projects as appropriate. Northern Trust describes its culture as flexible and collaborative, with opportunities for internal movement, accessible senior leaders, an inclusive workplace, and community involvement.

Requirements

• A minimum of 8 to 12 years of investment experience, which may include research, with consistent long-term investment performance meeting objectives.
• Knowledge of investment and portfolio management theory, accounting and financial principles, investment strategies and instruments, and characteristics of various marketplaces.
• Decision-making, sales, and negotiating skills to contribute to market revenue generation and guide sensitive or difficult situations toward agreement.
• Specialized depth and/or breadth of expertise in the relevant job discipline or field.
• Ability to interpret internal and external business challenges and recommend best practices to improve products, processes, or services.
• Ability to communicate difficult concepts and negotiate with others to adopt a different point of view.
• Applicants must be authorized to work in the United States without current or future employment-based visa sponsorship.

Responsibilities

• Manage investment activities for major fee revenue-producing accounts, including large and sensitive high-net-worth personal trusts and individual investment portfolios.
• Develop, recommend, and direct investment programs designed to achieve individual clients’ investment objectives.
• Plan and continuously revise investment strategies in response to changing client goals and needs, working proactively with the broader client service team to identify and execute opportunities.
• Maintain an influential presence with local client-facing teams, clients, co-trustees, consultants, the bank’s legal area, and outside attorneys to communicate client requirements and coordinate portfolio activity.
• Maintain mastery of investment strategies, tools, capabilities, portfolio research, and investment methodologies through regular engagement with national practices, peers, and Wealth and Asset Management.
• Contribute to thought leadership publications, educational opportunities, and practice-hosted symposiums and events.
• Adhere to best practices as measured by the PM Dashboard and related reporting.
• Execute initiatives, new capability rollouts, and required training.
• Provide leadership with feedback on areas for improvement related to national initiatives, changes, and expectations.
• Follow National Investment Guidelines, incorporate feedback from the REV peer review process, and observe sound risk-management practices.
• Serve on standing investment services committees and participate in special projects as appropriate.
• Lead others in solving complex problems and use sophisticated analytical judgment to identify innovative solutions.
• Contribute to customer, operational, project, or service objectives.

Benefits

• Retirement benefits, including a 401(k) and pension.
• Health and welfare benefits, including medical, dental, vision, spending accounts, and disability coverage.
• Paid time off.
• Parental and caregiver leave.
• Life and accident insurance.
• Other voluntary and well-being benefits.
• A 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