Northern Trust
Tax Advantaged Equity Portfolio Manager (Finance)
PRIMARY DUTIES AND RESPONSIBILITIES
•Uses portfolio optimization tools to create and rebalance portfolios based on index and model changes as well as in response to tax management opportunities. Communicates trade objectives to dedicated trading desk for execution. •Collaborates with team members to create rebalancing strategies. •Develops client transition analysis. •Reports on pre- and after-tax performance of portfolios under management and investigates significant deviations. •Ensures that portfolios are maintained within firm guidelines and applicable government or industry regulations. •Responds to client and internal partner inquiries related to current and potential new client portfolios. •Engage in client servicing and sales/marketing activities, including prospect meetings and industry conferences. •Researches and reports on new products and services within the industry. Stays abreast of new developments concerning regulatory issues that may affect the portfolios under management. •Assists with special projects to improve technology, processes and efficiencies.
NECESSARY KNOWLEDGE AND SKILLS
•Knowledge of modern portfolio management theory and applications, as well as statistics and quantitative methods in finance acquired through formal education.
•Knowledge of tax implications of investment decisions.
•Advanced excel skills including knowledge of VBA, macros, and analyzing large amounts of data for use in portfolio management.
•Knowledge of securities markets acquired through work experience and formal education.
•Analytic, organizational and communication skills to successfully manage a diverse load of client portfolios.
•Team orientation and ability to engage with external groups (e.g. sales, client servicing, technology, trading desk, performance analysts, and back-office.)
NECESSARY EXPERIENCE AND EDUCATION
•2-5 years of experience in an investment management or securities analysis environment.
•Working towards or completion of an MBA and/or CFA preferred.
ABOUT NORTHERN TRUST ASSET MANAGEMENT
As a global leader in investment management, Northern Trust Asset Management (NTAM) serves the world's most-sophisticated investing clients - from sovereign wealth funds, pension plan sponsors and financial intermediaries to wealthy families and the advisors that serve them. Northern Trust Asset Management manages approximately $1 Trillion in client assets contributing over $1 Billion in annual revenue to the Northern Trust Corporation.
WORKING WITH US
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has 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 that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:
•Gender Equality Index Member, Bloomberg
•Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine
We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us and apply today.