Regional Portfolio Advisor

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Major Duties :1.Advises and/or coordinates investment activities across a client base of complex high net worth personal clients and families.
2. Manages accounts that require complex decision making or special handling due to the nature of the relationship size, type of assets managed, sensitive client issues, and/or shared authority with outside attorneys/consultants.
3. Maintain consultative relationship providing advice on entire portfolio program, including assets where Northern Trust does not have investment discretion.
4. Utilize all available tools and resources to gain deep knowledge of entire investment universe, including alternative asset classes, in order to provide advice on full spectrum of investment strategies.
5. Develops, recommends, and directs the execution of programs designed to achieve investment objectives for accounts or family relationships. Programs are developed within the framework of Wealth Management¿s Investment Philosophy and Process as well as Northern Trust Investment Policy Committee guidance. May develop specialized portfolios of managed accounts for clients based on their needs and specifications.
6. Engages with appropriate internal partners to ensure that the purpose or intentions of the trust/ agency agreement is aligned with the proposed strategy and the level of investment authority granted to the trustee/agent is well understood.
7. Advises on the overall investment strategy of the trust/agency account with continuous revision of account objectives in context of changing client needs.
8. Maintains extensive contact with personal trust advisors, wealth advisors and/or lead relationship managers, clients, co-trustees, consultants, and outside attorneys to ensure communication of trust/agency requirements and coordinate portfolio activity.
9. Collaborates with appropriate team members and Wealth Strategists and Senior Regional Management in the development of strategic client relationship development.
10. Represents the Corporation externally by presenting at advisor and client forums.
11. Maintains a current awareness of new investment strategies and instruments through regular engagement with the product and portfolio research area. Attends and actively participates at all internal educational forums.
12. Serves as appointed on standing investment services committee and on ad hoc unit committees as appropriate.
13. Ensures that Business objectives are being met and that are coordinated with Business Unit¿s and Corporate Strategic plan.
Knowledge :Strong 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, are required to manage portfolios. Knowledge of investment terminology, the laws and regulations governing trust investments and taxation, as well as the bank's investment policies, procedures and strategies, usually acquired through work experience and formal education, is required to operate within the framework of trust documents. Analytical and sales skills are required to relate individual client asset situations to specific products. Interactive skills are required to comprehend prospect needs and respond with the appropriate solutions. Decision making, sales, and negotiating skills are required to guide sensitive or difficult situations through to agreement.
Experience :Minimum 15 years of investment and client relationship experience in which consistent long term job performance has met objectives. Advanced degree and related Industry qualification (e.g. CFA, CIMA, CAIA) is required.

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.