Senior Portfolio Advisor II, Wealth Management

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) guides 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. With more than 135 years of financial experience and over 24,000 partners, we serve sophisticated clients using leading technology and exceptional service.

About the role

This position manages a set of fee-producing investment accounts, generally for large and sensitive personal trust relationships and individual investors with complex investment needs requiring a high level of technical expertise and versatility with a broad range of investment solutions. Typically manages the largest and most complex relationships within their local market. The role requires mastery and continuous growth in the utilization and appropriate execution of our Goals Driven client experience, emerging technology capabilities, investment methodologies, and our full suite of investment solutions delivered in coordination with the broader client service team. The Senior Portfolio Advisor II substantially contributes to the growth of the market by generating and supporting new business activities.

Responsibilities

• Manages investment activities for a reduced set of major fee revenue producing accounts (target 80% capacity), representing large and sensitive high net worth personal trusts and individual investment portfolios typically larger in size and complexity within their market.
• Contributes to the growth of the market by generating new business both individually and in conjunction with the sales and relationship management team; directly responsible for hitting a specific sales target.
• Develops, recommends, and directs the execution of programs designed to achieve investment objectives for specific individual clients.
• Analyzes and plans the overall investment strategy with continuous revision as goals and objectives change, working closely with the broader client service team to identify and execute on areas of opportunity.
• Maintains an integral and influential presence within the local client-facing team, clients, co-trustees, consultants, the bank's legal area, and outside attorneys to ensure communication of client requirements and coordinate portfolio activity.
• Demonstrates mastery with new investment strategies, tools, portfolio research, and investment methodologies through regular engagement with the National Investment and Goals Driven Wealth Management Practices, peers, and broader Wealth and Asset Management.
• Actively engages in thought leadership publications, educational opportunities, and practice-hosted symposiums and events.
• Accountable for personal adherence to best practices as measured by the PM Dashboard and related reporting; provides continuous feedback on areas for improvement to leadership.
• Adheres to National Investment Guidelines, feedback from the REV peer review process, and observes sound risk management practices.
• Serves on standing investment services committees and participates in special projects as appropriate.

Requirements

• 12+ years of investment management experience, which may include research, demonstrating consistent long-term investment performance that has met objectives.
• Decision-making, sales, and negotiating skills to contribute to revenue generation and guide sensitive or difficult situations to agreement.
• Experience as a Senior Portfolio Advisor in Wealth Management for UHNW clients.
• Technical expertise with a broad range of investment solutions.
• Completion of any of the following is highly preferred: MBA and/or CFA, CFP, CIMA, CPWA, and CAIA.
• May lead functional teams or projects with moderate resource requirements, risk, and/or complexity.
• 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.
• Specialized depth and/or breadth of expertise in own job discipline or field.
• Interprets internal/external business challenges and recommends best practices to improve products, processes, or services.

Pay

Salary range is $156,370 - 273,600 USD. This is a good faith estimate of base pay. Northern Trust provides a discretionary bonus program that may include an equity component.

Benefits

• 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 and accident insurance.
• Other voluntary and well-being benefits.

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.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture with 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.

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 MyHRHelp@ntrs.com.