Northern Trust

Senior Portfolio Advisor II

Northern Trust$189K — $331K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10-15 years of investment experience, including research and proven long-term performance.
  • Expertise in investment and portfolio management theory, accounting, and financial principles.
  • Strong decision-making, sales, and negotiation skills.
  • Ability to interpret complex business challenges and advocate for best practices.
  • Demonstrated leadership capability; may lead teams or moderate projects.

Responsibilities

  • Manage investment activities for high net worth personal trusts and complex portfolios.
  • Generate new business contributing to market growth and meeting specific sales targets.
  • Develop and execute investment programs tailored to individual client objectives.
  • Plan and revise overall investment strategy in alignment with client needs.
  • Serve as a key member of the client service team, ensuring effective communication and coordination.
  • Stay updated with investment strategies and methodologies, engaging with national practices.
  • Provide feedback on national initiatives and participate in investment committees and special projects.

Benefits

  • Comprehensive retirement benefits including 401k and pension plan.
  • Health and welfare benefits covering medical, dental, and vision.
  • Generous paid time off and parental/caregiver leave.
  • Life and accident insurance coverage.
  • Voluntary and well-being benefits, plus a discretionary bonus program.
Full Job Description
Major Duties : 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. Is 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 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. Consistently demonstrates mastery with new investment strategies, tools and capabilities, and portfolio research and investment methodologies through regular contact and engagement with the National Investment and Goals Driven Wealth Management Practices, their 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. Accountable for personal execution of initiatives, new capability rollouts, and required training. Provides continuous feedback on areas for improvement to leadership on national initiatives, changes, and expectations. 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. Leads others to solve complex problems.  Uses sophisticated analytical thought to exercise judgement and identify innovative solutions.  Impacts the achievement of customer, operational, project or service objectives.  Work is guided by functional policies. Knowledge : 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, is required to manage portfolios.  Decision making, sales, and negotiating skills are required to contribute to the market s revenue generation and guide sensitive or difficult situations through to agreement. Requires 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.  Communicates difficult concepts and negotiates with others to adopt a different point of view. Experience : Minimum 10-15 years of investment experience, which may include research, in which consistent long term investment performance has met objectives.  May lead functional teams or projects with moderate resource requirements, risk, and/or complexity. Salary Range: $189,290 - 331,200 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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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