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.
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:
$236,555 - 414,115 USDSalary 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 [email protected].
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.
Skills Required
- 15+ years of investment experience as a portfolio manager
- Knowledge of investment and portfolio management theory, accounting, and financial principles
- Proven long-term investment performance meeting account objectives and client goals
- Experience managing large and sensitive high net worth personal trusts and individual investment portfolios
- Sales and negotiating skills for sensitive or difficult client situations
- Leadership and organizational skills to set goals, allocate resources, and develop staff
- Ability to integrate new investment strategies, tools, and portfolio research
- Experience providing oversight and adherence to investment guidelines, risk management, and peer review processes
- Experience participating in business development, strategic planning, and cross-functional collaboration
- Experience hiring, retaining, and developing investment talent
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
-
Retirement Support — Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
-
Leave & Time Off Breadth — Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
-
Healthcare Strength — Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
Gallery
