Quantitative Active Equity Portfolio Manager
About the role
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. Job Description Northern Trust Asset Management (NTAM) is a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environment, so they can confidently realize their long-term objectives.
Based in Chicago, this Associate Quantitative Active Equity Portfolio Manager’s responsibilities include but are not limited to performing day-to-day portfolio management functions, enhance the portfolio management platform using technology and quantitative insights, participate in team trading discussions, interact with partners in quant research, operations, front and middle office on issues critical to portfolio management, and support the client relationship and sales process.
The role reports to the Head of Quantitative Equity Portfolio Management and works in concert with global teams and specialists to support the NTAM investment process. Knowledge/Skills Strong self-starter with critical thinking skills, pro-active mindset and keen attention to detail.
Ability to quickly master new applications and tools in order to evolve the capabilities of the quantitative platform Understanding of AI techniques and skillset to apply them in an investment context Advanced analytical and computer skills, including programming experience in Python and experience with AI (preferred). Major Duties Manage day-to-day activities strategies/portfolios to meet client objectives within specified guidelines, regulatory frame-work and corporate policies. Collaborate with other portfolio managers to create and execute necessary trades.
Enhance investment alpha with particular focus on portfolio management processes and approaches. Participate in projects of signal development, model design, portfolio construction, and risk management. Respond accurately and promptly to client/partner inquiries regarding performance of strategies/portfolios. Represent our platform to (prospective) clients Collaborate with the Quant Analytics team to build and maintain portfolio tools used to analyze and research quant active investment strategies. Support and enhance our overall Quantitative investment process and platform using technology.
Qualifications Masters degree in an analytical field such as mathematics, economics, statistics, computer programing, engineering, or equivalent. CFA charter preferred. 5+ years of experience in the investment management industry, with experience in quantitative research being a strong plus. Passion for investing. Experience in managing, processing and analyzing large data sets Willingness to work independently, be a self-starter, and take projects through to completion.
Strong communication skills Solid presentation skills 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. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals.
Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.
If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants.
Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer.
Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants.
Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.
USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)
Minimum requirements
- Master's degree in mathematics, economics, statistics, computer programming, engineering, or equivalent
- 5+ years investment management experience; quantitative research experience preferred
- Authorized to work in the U.S. without visa sponsorship now or in the future
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