Northern Trust
Sr. Investment Associate - Fort Worth, Tx (Finance)
As a Sr Investment Associate in Northern Trust Wealth Management's investment practice you will work with Portfolio Managers (PMs) serving high net-worth private clients. You will perform a broad range of administrative and portfolio-management support functions aimed at delivering high-quality, pro-active client service and investment execution for numerous client relationships.
The support functions include preparing and coordinating portfolio-review and presentation materials used in client meetings, performing administrative functions, responding to service requests in a timely manner and communicating outcomes effectively to internal staff and clients, researching and resolving operational issues, tracking securities trade activity from execution to settlement, and updating mandatory account and compliance documentation.
This role is critical to our clients' service experience and the right candidate understands the importance of accuracy and timeliness in daily workflows.
The Investment Associate takes on the following responsibilities:
•Assists in the preparation of portfolio-review and market-outlook presentation material for client meetings and client communication. Takes ownership of timely and accurate material completion, oftentimes under tight deadlines.
•Performs a range of operational and administrative functions aimed at supporting the assigned PM's book of business.
•Monitors and takes ownership of all compliance-related duties and follow-up procedures. Consults with PMs on action items and communicates with clients to address documentation requirements, including investment-objective confirmation forms and investment-responsibility letters.
•When appropriate, participates in client meetings with the PM and other members of the client-service team, including trust advisors, private bankers and/or wealth planners. Develops a clear understanding of client-specific needs, preferences and expectations. Responds to follow-up service requests.
•Monitors PMs' books of business in their absence and takes follow-up steps as appropriate. Assists in special projects as requested.
•Develops fluency in Northern Trust's dynamic "Goals Driven Wealth Management" (GDWM) financial-planning and portfolio-modeling approach and tool. Assists in client-specific data gathering and scenario planning in GDWM.
•Develops a thorough understanding of Northern Trust's investment philosophy, investment platform, asset-allocation strategy and investment fulfillment vehicles. Develops an ability to communicate effectively about market trends and developments.
Experience
•A foundational understanding of financial markets and market drivers, and passion for investments and investing. Knowledge of investment products, services and terminology, usually obtained through on the job training or prior experience, are a plus.
•Strong oral and written presentation skills
•Strong analytical, organizational and problem-solving skills
•Highly preferred: undergraduate degree in business, finance, economics or equivalent relevant work experience
•Preferred: a minimum of 1 year of investment-focused experience or client-servicing experience in the financial services industry
•Proficiency in MS Office suite of product, with advanced fluency in Excel
•Preferred: candidates pursuing or desiring to pursue the CFA®, CFP®, or similar professional designation, or pursuing an advanced degree (M.B.A.).
Career Path
The Investment Associate is expected to grow into roles of Associate Portfolio Manager and subsequently Portfolio Manager over time.
About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
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.