at Northern Trust Company in Chicago, 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.
We are actively seeking a highly experienced Manager of Investment Risk, specializing in Equities, to lead our independent risk management initiatives and contribute to the success of our investment strategies. The Manager, Investment Risk will be working with AM investment professionals and senior AM risk leadership team to understand and meet investment risk objectives.
The key responsibilities include:
- Provide independent oversight to risks associated with equities, derivatives and ESG investments, ensuring alignment with organizational goals and risk appetite.
- Lead efforts by identifying, analyzing, and mitigating potential investment risks within established guidelines.
- Understand and enhance risk models for equities, utilizing advanced quantitative techniques to assess and manage risk exposure. Eg. Factor-based risk
- Ensure compliance with regulatory requirements and industry standards related to equity investments, collaborating with legal and compliance teams.
- Effectively communicate risk assessments, mitigation strategies, and performance insights to senior management, board members, and external stakeholders.
- Stay abreast of industry best practices and emerging trends in equity and ESG risk management, driving innovation and improvement in risk processes.
- Collaborate closely with portfolio managers, traders, and other investment professionals to integrate risk management strategies into the investment decision-making process
- Expand the use of quantitative risk analysis throughout AM and export the best practices to other investment products.
- Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of work.
The successful candidate will benefit from having:
- Bachelor's degree in finance, Economics, or a related field; advanced degree (e.g., MBA, CFA) is highly desirable.
- 10+ years of experience in investment risk management, with a focus on equities, derivatives and ESG preferred.
- Proven track record of successfully leading risk management efforts for equity portfolios in a complex and dynamic market environment.
- Expertise and experience in risk models for equities, utilizing quantitative methodologies.
- In-depth knowledge of equity markets, financial instruments, and regulatory landscape.
- Excellent communication and presentation skills, with the ability to convey complex concepts to diverse stakeholders.
- Strategic mindset, with the ability to contribute and challenge the overall investment strategy of the organization.
#LI-LK2, #LI-Hybrid
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...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
