Sr. Investment Officer

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.

Responsibilities

• Manages investment activities for a reduced set of major fee revenue producing accounts (80% capacity), representing large and sensitive high net worth personal trusts and individual investment portfolios.
• 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 and in the context of client needs working closely and proactively 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 integrating new investment strategies, tools and capabilities, and portfolio research through regular contact and engagement with the National Investment and Goals Driven Wealth Management Practices.
• Participates in the development of new investment business with sales staff as appropriate.
• Investment Practice oversight for a market as an extension of the National Investment Practice.
• Accountable for personal and team adherence to best practices as measured by the PM Dashboard and related reporting.
• Encourages investment partner engagement in thought leadership publications, educational opportunities, and practice hosted symposiums and events.
• Accountable for personal and team level execution of initiatives, new capability rollouts, and required training.
• Works with RSIO and local leadership to hire, retain, and develop talent.
• Participates in the selection process of new hires and works with RSIO to ensure that Investment Practice priorities and scoring methodologies are incorporated into partner performance reviews.
• Participates in developing the local market strategic plan and sets goals and priorities based on the direction set for the business unit, region, and market.
• Follows through to ensure objectives are met.
• Provides leadership and guidance to staff, fostering an environment which encourages employee engagement, diversity, teamwork , and communication.
• Advocate on behalf of their team and capture continuous feedback on areas for improvement providing proactive advice to leadership on national initiatives, changes, and expectations.
• Provides oversight, leadership, and guidance in adherence to National Investment Guidelines, facilitation of the REV peer review process, and ensuring observance of sound risk management practices.
• Serves on standing investment services committees and participates in special projects as appropriate.
• Directs the resolution of highly complex or unusual business problems applying advanced critical thinking.

Qualifications

• 15+ years of investment experience as a portfolio manager, in which consistent long term investment performance has met account objectives and client goals with strong adherence to best practices and sound risk management approaches.

Benefits

• 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
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

Pay

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.

Schedule

Not specified