Vista previa generada por IA
Join Northern Trust in Chicago as a Multi Asset Portfolio Specialist, leading strategy, client engagement, and portfolio analytics.
Mid-level role with 5+ years experience and a focus on asset allocation, risk management, and investment communication.
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. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Multi-Asset Portfolio Specialist
Location: Chicago, IL
Team: Multi-Asset Investments / Asset Allocation
Reports to: Director, Multi-Asset Investments
Position Summary
We are seeking a talented and highly motivated Multi-Asset Portfolio Specialist to join our Multi-Asset Investments team. This individual will serve as a critical link between our investment professionals, clients, and distribution partners, helping articulate our investment philosophy, portfolio positioning, market views, and portfolio construction capabilities. The Portfolio Specialist will work closely with portfolio managers, research analysts, product teams, and client-facing professionals to communicate investment strategies, support business development efforts, and enhance the client experience. The successful candidate will possess strong investment knowledge across public and private markets, exceptional communication skills, and a passion for helping clients solve complex portfolio challenges.
Investment Strategy & Portfolio Expertise
- Develop deep expertise across the firm's multi-asset investment capabilities, including strategic asset allocation, tactical asset allocation, portfolio construction, ETF model portfolios, and risk management.
- Partner with portfolio managers and research teams to understand and communicate investment decisions, portfolio positioning, and performance outcomes.
- Translate complex investment concepts into compelling and accessible client narratives.
- Participate in investment committee discussions, portfolio reviews, and market outlook conversations.
Client & Prospect Engagement
- Present portfolio positioning, market outlooks, performance attribution, and investment process to institutional and wealth clients.
- Support requests for proposals (RFPs), due diligence questionnaires (DDQs), and client inquiries.
- Work closely with relationship managers and sales teams to identify opportunities and strengthen client relationships.
Thought Leadership & Content Development
- Develop client-facing investment commentary, market insights, white papers, presentation materials, and portfolio updates.
- Contribute to investment thought leadership across asset allocation, macroeconomics, portfolio construction, and market developments.
- Help shape messaging around evolving investment themes and strategic initiatives.
Product & Business Strategy
- Provide feedback on product development and competitive positioning based on client interactions and market trends.
- Support product launches and enhancements by developing investment narratives and client communication materials.
- Monitor industry developments, asset allocation trends, and competitor offerings.
Portfolio Analytics & Reporting
- Analyze portfolio performance, attribution, risk exposures, and implementation outcomes.
- Support development of portfolio analytics and reporting materials for internal and external audiences.
- Assist in the preparation of investment committee presentations and executive-level reporting.
Qualifications
Required
- Bachelor's degree in Finance, Economics, Business, Mathematics, or related field.
- 5+ years of experience in asset management, multi-asset investing, portfolio management, research, or portfolio specialist/client portfolio management roles.
- Strong understanding of capital markets, asset allocation, portfolio construction, and investment management.
- Excellent written and verbal communication skills with ability to present to sophisticated investors.
- Strong analytical capabilities and ability to interpret portfolio and market data.
- Demonstrated ability to collaborate across investment, product, and distribution teams.
Preferred
- CFA designation or progress toward CFA Charter.
- Experience working with institutional investors, pension plans, endowments, foundations, family offices, or wealth management platforms.
- Knowledge of alternative investments, including private equity, private credit, and real assets.
- Experience supporting model portfolios, multi-asset, target date, OCIO, or outsourced investment solutions.
Salary Range
Salary Range: $137,400 - 233,600 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.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
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 committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.