Northern Trust

Sr. Investment Officer

Northern Trust$205K — $360K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of investment experience as a portfolio manager with a record of meeting long-term investment objectives.
  • Strong understanding of investment and portfolio management theory and financial principles.
  • Demonstrated leadership and organizational skills for guiding team activities and assessing staff abilities.
  • Effective sales and negotiation skills to handle sensitive situations with clients.
  • Proficient in risk management practices related to investment portfolio oversight.

Responsibilities

  • Manages investment activities for major accounts representing high net worth individual clients.
  • Develops and directs programs to achieve specific investment objectives for individual clients.
  • Analyzes and adjusts overall investment strategies based on evolving client goals.
  • Maintains key communication among clients, co-trustees, and legal advisors to coordinate portfolio activities.
  • Provides leadership in integrating new investment strategies and tools through collaboration with national practices.
  • Participates in developing new business with sales staff to enhance investment offerings.
  • Ensures adherence to best practices and accountability within the team, measured by performance dashboards.

Benefits

  • Comprehensive health and welfare benefits including medical, dental, and vision coverage.
  • Retirement benefits including a 401k plan and pension.
  • Paid time off along with parental and caregiver leave.
  • Life and accident insurance options provided.
  • Discretionary bonus program, potentially including equity components.
Full Job Description
1. 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. 2. Develops, recommends, and directs the execution of programs designed to achieve investment objectives for specific individual clients. 3. 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. 4. 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. 5. 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. 6. Participates in the development of new investment business with sales staff as appropriate 7. Investment Practice oversight for a market as an extension of the National Investment Practice. 8. Accountable for personal and team adherence to best practices as measured by the PM Dashboard and related reporting. 9. Encourages investment partner engagement in thought leadership publications, educational opportunities, and practice hosted symposiums and events. 10. Accountable for personal and team level execution of initiatives, new capability rollouts, and required training. 11. 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. 12. 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. 13. Provides leadership and guidance to staff, fostering an environment which encourages employee engagement, diversity, teamwork , and communication. 14. 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. 15. 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. 16. Serves on standing investment services committees and participates in special projects as appropriate. 17. Directs the resolution of highly complex or unusual business problems applying advanced critical thinking. 18. Guided by organization functional strategy, has broad impact on the functional, divisional or regional results. Knowledge : • Knowledge of investment and portfolio management theory, accounting, and financial principles, and investment strategies and instruments, acquired through formal education and work experience, is required to manage portfolios and provide oversight to Investment partners. • Sales and negotiating skills are required to guide sensitive or difficult situations. • Leadership and organizational skills required to determine the unit goals, resources needed, and to assess and develop the skills of the staff and guide activities in support of Regional and Practice priorities. • Applies broad industry knowledge and commercial awareness to drive financial performance. • Negotiates with senior leaders across the business. Experience : • 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. Salary Range: $205,700 - 360,100 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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