Equity Index Portfolio Manager

Northern Trust Asset Management • Full-time • Chicago, IL, US • $137.40k - $233.60k / year • 12h ago

About Northern Trust

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Key Duties & Responsibilities

Manages equity index funds and/or client portfolios within expected risk limits and achieves performance consistent with stated client objectives.
Ensures that portfolios are maintained within investment guidelines and that they do not violate applicable government and industry regulations and trends.
Ensures that securities held in portfolios are appropriate for the goals of the client and monitors results for consistency.
Researches and implements sophisticated trading strategies to maximize investor wealth.
Uses systems to rebalance funds as needed, to invest cash and to accommodate contributions/withdrawals.
Maintains knowledge of financial markets, regulatory developments and the evolving index landscape.
Engages with clients and prospects to represent our investment process, philosophy and performance.
Identifies opportunities to improve efficiency and mitigate operational risk.

Knowledge & Skills

Knowledge of modern portfolio management theory and applications.
Knowledge of securities markets acquired through work experience.
Exceptional organizational skills and the demonstrated ability to work independently and exercise sound business judgement
Strong, demonstrated skills in oral and written communication
Demonstrated teamwork and interpersonal skills exemplified by the ability to forge strong relationships with internal and external partners (i.e. sales, client servicing, technology, performance analysis, back office, etc.)
Results-oriented with attention to detail and strong analytical skills
Self-starter with a proven ability to manage workflow across cross-functional teams under multiple competing deadlines.

Experience & Education

3-6 years of index equity portfolio management experience
Experience as an ETF Portfolio Manager is a plus
Experience working with Aladdin
Proficiency in Python and working experience with large datasets and APIs
Bachelor's degree required
MBA and/or CFA preferred

Salary Range

$137,400 - 233,600 USD

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.

Working With Us

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.