Senior Investment Officer, Wealth Management - R125572

at Northern Trust Company in Lake Forest, Illinois, United States

Job Description

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.


OH: R125572

The Senior Investment Officer (SIO) combines Senior Portfolio Advisor duties with practice oversight of the investment partners within a market. Partner is responsible for managing complex wealth management client relationships and delivering high quality investment services, overseeing all aspects of investment and compliance related risk matters for a particular market. This role serves as an important extension of the National Investment Practice working closely with their Regional Senior Investment Officer (RSIO) and local leadership. SIOs are accountable for leading their local teams and ensuring participation and successful execution of practice sponsored initiatives, training and development opportunities, new capability rollouts, and adherence to best practice. The ideal candidate will also have excellent communication and new business development skills. They serve as a valued member of their local market leadership team in hiring, retaining, and developing a diverse workforce.

Major Duties:

Manages investment activities for set of major fee revenue producing accounts, representing large and sensitive high net worth personal trusts and individual investment portfolios. Develops, recommends, and directs the execution of programs designed to achieve investment objectives for specific individual clients. 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. 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. 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. Participates in the development of new investment business with sales staff as appropriate. This includes engagement with large, complex prospective client situations and representing the market and firm to centers of influence. Investment Practice oversight for a market as an extension of the National Investment Practice. Accountable for personal and team adherence to best practices as measured by the PM Dashboard and related reporting. Encourages investment partner engagement in thought leadership publications, educational opportunities, and practice hosted symposiums and events. Accountable for personal and team level execution of initiatives, new capability rollouts, and required training. 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. Participates in developing the local market...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Copy Link

Job Posting: 11935145

Posted On: May 29, 2024

Updated On: Jun 28, 2024

Please Wait ...