Women Investment Professionals

Jobs

Current Positions Available

The following are employment listings received by the Women Investment Professionals for posting on this website. These jobs are posted for 30 days, and can be resubmitted for an additional 30 day posting, if desired. Currently, there is no charge for posting a job. You can submit a job to be posted by email to: info@wipchicago.org

Note to applicants:  Resumes are required as part of your application.  When applying from a mobile device or tablet, you may not be able to attach a resume.  If you cannot attach a resume at the time of your application, you will receive a follow up email asking  you to attach your resume from a computer.

Job Description:

The Regional Director, Independent Advisor Channel, is responsible for relationship management and business development of both existing and new clients in the Northeast. They will lead all sales related activities as well as organize efforts of client services team members to effectively address the needs of advisors.

To be successful, the Regional Director must have a solid foundational knowledge of investments, capital markets and asset allocation theory. The ability to discuss the sophisticated investment solutions that Dimensional provides is critical to working with and influencing Advisors. Just as important, the Regional Director must have a strong business development and client service orientation and understand the issues and challenges Advisors face in building a client-centric, fee-based business.

Responsibilities:
  • Sales leadership and management of a territory composed primarily of fee-only, high net worth financial advisors.
  • Develops and delivers strategies to recruit new advisor relationships and retention strategies for existing advisors.
  • Educates advisors on capital market behavior and investment theory.
  • Consults with advisor firms on building an efficient practice while providing a successful investment experience to clients.
  • Presents Dimensional Fund Advisors’ investment capabilities, investment theory and performance to Financial Advisors, branch offices, company conferences and industry functions.
  • Formulates and executes tailored Dimensional initiatives and champions existing company initiatives.
  • Be a team-player and sales and marketing thought leader within the Dimensional team.
  • Be a spokesperson and champion of the Dimensional brand and investment theory throughout the industry and marketplace.
  • Increase revenues, AUM and Advisor clients within the territory through the profitable growth of the Dimensional product suite.
Qualifications:
  • A personal alignment, understanding and appreciation of Dimensional’s investment process, philosophy and business strategy.
  • Strong consultative sales abilities in building Advisor relationships and raising assets.
  • Extensive knowledge and network of fee-based Financial Advisors who may share a similar investment philosophy to Dimensional or with enough intellectual curiosity to want to learn more about it.
  • An entrepreneurial spirit with high energy and passion; a self-starter.
  • Must have 10+ years of experience in the Financial Services Industry.
  • Bachelor’s Degree required; MBA or CFA strongly preferred.
  • Excellent written and verbal communication skills, particularly with regards to conveying technical investment approaches and key Dimensional selling points in a clear and compelling manner.
  • Ability to present Dimensional’s products and philosophy to small and large groups. 
  • Competitive but highly collaborative with the ability to work both independently and in a team environment.
  • Must be Series 7 licensed.

Apply Online

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

To ensure the safety and wellbeing of our employees during COVID-19, the majority of Dimensional’s employees are currently working remotely. Firm leadership evaluates the situation on an ongoing basis as to when employees could return to our corporate offices.

It is the policy of the Company to provide equal employment opportunity for all applicants and employees. The Company does not unlawfully discriminate on the basis of race, color, religion, creed, sex, gender, gender identity, gender expression, national origin, age, disability, genetic information, ancestry, medical condition, marital status, covered veteran status, citizenship status, sexual orientation, or any other protected status. This policy applies to all areas of employment including recruitment, hiring, training, job assignment, promotion, compensation, benefits, transfer, discipline, termination, and social and recreational programs.

Note to applicants:  Resumes are required as part of your application.  When applying from a mobile device or tablet, you may not be able to attach a resume.  If you cannot attach a resume at the time of your application, you will receive a follow up email asking  you to attach your resume from a computer.

Job Description:

The Regional Director, Bank/Trust Group, is responsible for relationship management and business development of both existing and new clients within the Bank Wealth Management and Trust channel. They will lead all sales related activities as well as organize efforts of client services team members to effectively address the needs of bank-based wealth management firms.

To be successful, the Regional Director must have a solid foundational knowledge of investments, capital markets and asset allocation theory. The ability to discuss the sophisticated investment solutions that Dimensional provides is critical to working with and influencing bank wealth management personnel. Just as important, the Regional Director must have a strong business development and client service orientation and understand the unique issues and challenges banks face in building a profitable, client-centric wealth management business.

Responsibilities:
  • Sales leadership and management of a territory composed primarily of bank broker/dealer and RIA platforms.
  • Develops and delivers strategies to recruit new bank relationships and retention strategies for existing bank clients.  A particular focus will be on generating new relationships with regional, super-regional, and national bank broker-dealer platforms.
  • Educates bank-based wealth management personnel on capital market behavior and investment theory.
  • Consults with bank executives on building an efficient wealth management division while providing a successful investment experience to clients.
  • Presents Dimensional Fund Advisors’ investment capabilities, investment theory and performance to bank wealth management personnel, branch offices, company conferences and industry functions.
  • Formulates and executes tailored Dimensional initiatives and champions existing company initiatives.
  • Be a team-player and sales and marketing thought leader within the Dimensional team.
  • Be a spokesperson and champion of the Dimensional brand and investment theory throughout the industry and marketplace.
  • Increase revenues, AUM and bank wealth management clients through the profitable growth of the Dimensional product suite.
Qualifications:
  • A personal alignment, understanding and appreciation of Dimensional’s investment process, philosophy and business strategy.
  • Must have 10+ years in wealth management, either as advisor or in distribution, in which a minimum of 5 has been involved in working with banks in some capacity
  • Excellent written and oral communication skills
  • Strong presentation skills (small and large groups)
  • Ability to work both independently and in a team environment
  • Must be series 7 licensed
  • Undergraduate Degree required, MBA or CFA preferred

 Apply Online

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

To ensure the safety and wellbeing of our employees during COVID-19, the majority of Dimensional’s employees are currently working remotely. Firm leadership evaluates the situation on an ongoing basis as to when employees could return to our corporate offices.

It is the policy of the Company to provide equal employment opportunity for all applicants and employees. The Company does not unlawfully discriminate on the basis of race, color, religion, creed, sex, gender, gender identity, gender expression, national origin, age, disability, genetic information, ancestry, medical condition, marital status, covered veteran status, citizenship status, sexual orientation, or any other protected status. This policy applies to all areas of employment including recruitment, hiring, training, job assignment, promotion, compensation, benefits, transfer, discipline, termination, and social and recreational programs.

Position Summary       

The New York State Teachers’ Retirement System is seeking candidates to fill an investment position that will assist the Fixed Income department in achieving its investment and strategic goals. The TRS Investment Officer Trainee/TRS Investment Officer 1 under the guidance of senior Fixed Income staff, will perform various duties including, but not limited to, report preparation, research and/or financial analysis, trade execution, monitoring securities agent lenders, monitoring external fixed income managers and administrative duties as necessary. Periodic travel is required of the incumbent.

Minimum Qualifications      Traineeship Enter at the Grade 14

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field.

Traineeship Enter at Grade 16

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field; and one year of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes:
Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Grade 18

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field, and two years of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes: Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Substitutions: Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master’s degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.

Preferred Qualifications      

  • Commitment to providing exceptional customer service
  • Excellent written & verbal communication skills
  • Strong analytical skills and ability to draw conclusions from information
  • Excellent interpersonal skills and demonstrated ability to work effectively on a team
  • Working knowledge of Microsoft Office applications including: Excel, Word, Access and Power Point
  • Experience using the Bloomberg Professional investment analytic platform
  • Understanding of fixed income, the mechanics of securities lending, money markets and corporate credit analysis
  • Willing to pursue the CFA Charter Holder designation
  • Familiarity with securities lending
  • Familiarity with corporate credit analysis
  • Ability to interpret financial statements
  • Familiarity with the money market investment area
  • Familiarity with monitoring external money managers
  • Experience with securitized security (agency mbs, abs) analysis
  • Experience with rates security (USTs, SSAs) analysis

Physical Demands        None

Job Duties

Description

Under the supervision and direction of the TRS Investment Officer 2, the TRS Investment Officer 1/Trainee is responsible for, but not limited to, the following duties:

  • Actively monitor separate account securities lending programs administered by third party agent lenders for compliance with program guidelines. Also perform periodic analyses on securities lending programs that NYSTRS’ participates in as a result of commingled equity investments. Participate in conducting due diligence on prospective agent securities lenders as a result of any securities lending RFPs.-20%
  • Perform due diligence and financial analysis on bond issuers being considered for purchase and/or sale in the short and long term bond portfolio.- 20%
  • Actively monitor and analyze high beta corporate issuers including the review of rating agency reports, financial data and participate on conference calls – 15%
  • Perform assigned fixed income related quantitative and qualitative research and analyses, as well as prepare and develop periodic monthly and quarterly reports (e.g. for Board meetings) as requested- 5 to 20%
  • Assist in the management of bond analytical system(s) utilized, including generating reports, problem solving and acting as a liaison with analytical system vendor(s)- 10 to 20%
  • Perform administrative duties as necessary including: preparation, dissemination, follow up for receipt and review of the: annual broker/dealer updates, and five year broker/dealer questionnaire; annual No Gift policy letter; QIB document; and any counter party related documents that require completing. Also update and create policies & procedures.-5 to 10%
  • Participate in the active monitoring, due diligence and or research of external fixed income managers (i.e. global bonds)- 5 to 15%
  • Subsequent to being trained and when needed, execute short term bond and foreign exchange trades in a backup capacity – 0 to 15%

Application Deadline  04/01/2021

Special Instructions to Applicants THIS IS NOT A REMOTE WORK POSITION.
There are currently no mandatory re-employment lists at this time. However, please note that if such a list is certified against this title prior to the completion of the selection process, candidates applying based on meeting the minimum qualifications or transferability under Civil Service Law can no longer be considered.

The work hours of this position are subject to change in accordance with Article 12 of the collective bargaining agreement.

This position falls under NYSTRS’ Personal Trading policy, which requires pre-clearance of personal trades and reporting of trading activity.

Apply Online

 

Position Summary       

The TRS Investment Officer 1 w/Traineeship will participate in the oversight and management of specific equity real estate investments consisting of directly owned properties and commingled fund investments. Under the supervision of higher level staff, the TRS Investment Officer 1 w/ Traineeship will be responsible for coordination, review and comment of property business plans; ongoing monitoring of property and fund performance; analysis of items outside of the business plan and fund documents, as well as quarterly performance reporting. Additionally, this position will participate with management and consultants on the preparation of the annual portfolio strategic plan, as well as participate in the underwriting of new property acquisitions and fund investments.
This position may be filled at the TRS Investment Officer Trainee 1 (salary grade 14) or TRS Investment Officer Trainee 2 (salary grade 16) or at the TRS Investment Officer 1 (salary grade 18) depending on the qualifications of the selected candidate.

Minimum Qualifications      Traineeship Enter at the Grade 14

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field.

Traineeship Enter at Grade 16

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field; and one year of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes:
Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Grade 18

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field, and two years of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes: Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Substitutions: Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master’s degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.

Preferred Qualifications     

  • Critical thinking skills
  • Ability to work in a team environment, providing and accepting input/feedback on transactions
  • Previous real estate experience and knowledge related to acquiring, leasing, managing, financing or disposing of commercial properties
  • Previous financial analysis experience
  • Computer literacy including experience using Microsoft products, particularly Excel
  • Commitment to providing exceptional customer service
  • Excellent interpersonal skills
  • Excellent writing and verbal communication skills
  • Master’s degree in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field
  • Having one or more of the following certifications: CAIA, CPA, CCIM, MAI, or CFA

Physical Demands        None

Job Duties

Description                   

Under the general direction of higher-level staff, the TRS Investment Officer 1 w/Traineeship will be responsible for, but not limited to, performing the following duties:

  • Participate in the preparation of the portfolio strategic plan
  • Participate in the underwriting of new property acquisitions and fund investments
  • Review, analyze and comment on property specific annual business plans including budget, capital plans, leasing, financing, valuations and hold/sell determinations
  • Monitor and report on property performance on an ongoing basis and suggest corrective actions, if needed
  • Participate in on-site property inspections for directly owned properties
  • Review and comment on annual financial statement audits and periodic external appraisals for directly owned properties
  • Work with external service providers including separate account advisors, joint venture partners, property managers, leasing agents, accountants, attorneys, appraisers, etc.
  • Participate in the disposition process for directly owned properties
  • Monitor and report on an ongoing basis on commingled fund performance
  • Represent NYSTRS at advisory board meetings
  • Present on portfolio investments at internal management meetings, IIIC, REAC and Board meetings
  • Stay abreast of real estate market conditions and trends through discussions with industry participants and attendance at industry conferences.
  • Travel required

Application Deadline    03/31/2021

Special Instructions to Applicants  

THIS IS NOT A REMOTE WORK POSITION.
There are currently no mandatory re-employment lists at this time. However, please note that if such a list is certified against this title prior to the completion of the selection process, candidates applying based on meeting the minimum qualifications or transferability under Civil Service Law can no longer be considered.

The work hours of this position are subject to change in accordance with Article 12 of the collective bargaining agreement.

This position falls under NYSTRS’ Personal Trading policy, which requires pre-clearance of personal trades and reporting of trading activity.

Apply Online

Parametric believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications, but not limit the employee or the organization to just the work identified. It is our expectation that every employee will offer his/her services wherever and whenever necessary to ensure the success of our services.

General Description

Manages structured equity portfolios maximizing tax efficiency while tracking an index.  Portfolio managers act as investment “engineers” — creating portfolios using optimization software to implement firm’s quantitative-based strategy.  The Associate Portfolio Manager must continually measure performance, manage risk and control costs.  

Primary Responsibilities

  • Construct optimized equity index portfolios for separate accounts
  • Rebalance and transition portfolios to maximize tax-efficiency
  • Construct custom benchmark data
  • Monitor index changes and corporate actions
  • Generate after-tax return data for both portfolios and benchmarks
  • Performance attribution
  • Respond to client requests for analysis
  • Interact across teams including: Technology, Research, Marketing, Client Service, and Operations
  • Participate in process improvement and technology development efforts.
Job Requirements
  • Bachelor’s degree with concentration in finance, accounting, engineering or related quantitative focus
  • Preferred 4+ years professional experience in investment management or similar
  • Significant progress towards a CFA, MBA and/or another credential relevant to investment management or finance strongly preferred
  • Strong mathematical and analytical skills
  • Familiarity with academic financial theory and applications
  • Working knowledge of equity risk models and portfolio optimization preferred
  • Analytical writing ability

Apply Online

 
 

Description

The Opportunity:

In support of a growing client base, our Mesirow Wealth Advisors business is seeking Senior Wealth Advisors to lead professional wealth management teams.  Our advisors provide investment and fiduciary services to individuals, families, corporations, and non-profit organizations. With over $6.1B in assets under management, we have earned a reputation for effectively managing our clients’ needs and goals. Wealth management has been Mesirow Financials’ flagship business for over 80 years, built around our trusted advisors, with an average tenure of over 20 years.

The Advisor will work with a team to develop and maintain strong client relationships, providing investment and wealth management solutions. The Advisor should be oriented in building their business with fee-based, discretionary managed portfolios. We are seeking multiple advisors to join our team covering Chicagoland from our downtown headquarters or suburban offices.

Mesirow Financial is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate, and individual clients achieve their objectives. We are proud of Mesirow’s culture of fostering team member engagement, entrepreneurship, and empowerment. Our positive culture, volunteerism, and opportunity for advancement makes Mesirow one of the few employers to be included in both Chicago Tribune’s Top Places to Work and Crain’s Best Places to Work in Chicago.

Responsibilities:
  • Utilize network to build relationships, enhance Mesirow Wealth Advisor and personal brand, and build a pipeline of qualified leads
  • Work with management and/or team to progress leads through pipeline with the goal to onboard them as new clients
  • Analyze financial information obtained from clients to determine goals-based strategies for meeting clients’ financial objectives
  • Implement investment recommendations appropriate for clients
  • Implement financial planning recommendations with client portfolios
  • Monitor financial market trends to ensure plans are effective and identify any necessary changes
Requirements:
  • Minimum of 10 years’ experience working with HNW clientele
  • Established community presence in HNW network and pipeline
  • Highly motivated self-starter with a strong work ethic, positive “can-do” attitude, who is energized by the process of identifying prospective clients and closing new business
  • Strong desire for business development; has HNW contacts and networking capability
  • Managerial acumen and team building experience
  • Bachelor’s degree in Finance or similar
  • Series 7 & Series 66 (or 63/65) licensed
  • CFP® designation desirable
  • Exceptional organization, research and time management skills; attention to detail.
  • Strong professional communication skills, both written and verbal
  • Effective and timely management of project multitasking
Support:
  • Access to a Client Service Manager (Sales Assistant)
  • Access to a Wealth Specialist (Financial planning associate)
  • Firm provides supervision, technology and compliance oversight
Benefits:
  • Highly competitive compensation package
  • Medical, dental, life, LTD, etc.

Apply Online

Job Description
The Opportunity:

Mesirow Financial is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate, and individual clients achieve their objectives. We are proud of Mesirow’s culture of fostering team member engagement, entrepreneurship, and empowerment. Our positive culture, volunteerism, and opportunity for advancement makes Mesirow one of the few employers to be included in both Chicago Tribune’s Top Places to Work and Crain’s Best Places to Work in Chicago.

Our advisors provide investment and fiduciary services to individuals, families, corporations, and non-profit organizations. With over $6.1B in assets under management, we have earned a reputation for effectively managing our clients’ needs and goals. Wealth management has been Mesirow Financials’ flagship business for over 80 years, built around our trusted advisors, with an average tenure of over 20 years.

We are seeking a highly motivated Client Relationship Specialist to work out of our Highland Park office to provide high-touch client service and dedicated operational support to a team of highly motivated Financial Advisors and their High Net Worth individual clients.

Responsibilities:
  • Client onboarding, including preparation of new account paperwork and client information-gathering
  • Account maintenance, including any account registration and account profile changes
  • Asset movement processing, including journals, wire transfers and EFTs
  • Assist with quarterly billing and performance reporting
  • Client issue resolution
  • Gathering tax information for clients and assisting with tax reporting
  • Relationship management, including regular client contact
  • General administrative functions, including but not limited to:
    • Maintaining information in the Client Relationship Management System
    • Exception report review
    • Preparation of miscellaneous paperwork, such as letters of authorization, check-writing applications, operational documents, etc.
  • Communicating with supervisors regarding compliance matters and miscellaneous regulatory inquiries
  • Trade execution and trade error resolution, as may be applicable and required
Requirements:
  • Bachelor’s degree preferred 
  • 3-5 years relevant experience preferred
  • FINRA Series 7 and 66 licenses preferred, or a willingness to obtain upon hire
  • Excellent proficiency in MS applications (Word, Excel, PowerPoint, etc.)
  • Familiarity with Salesforce, Wealthscape Investor and/or Black Diamond preferred
  • Demonstrates an ability to learn new processes and technology platforms
  • Takes direction well and demonstrates proactive follow through on assigned tasks
  • Ability to prioritize and effective time management skills
  • Excellent verbal and written communication skills
  • Remains focused on tasks and retains composure under pressure or with conflicting priorities
  • Gathers information and consults appropriate parties when additional guidance is needed
  • Solicits feedback from team members on a regular basis and commits to performance improvement in identified areas
  • Responsive to client requests and escalates to team members whenever necessary

Apply Online

Position Summary      The TRS Investment Officer 1/Trainee will provide operational and analytical support to investment-related departments (Public Equities, Fixed Income, Real Estate, Private Equity and Risk Management) which will include trade and capital call processing; cash management; accounting and reconciliations; investment rates of return calculations and attribution analysis; proxy voting; data governance and monthly and quarterly investment reporting and compliance.

Minimum Qualifications      Traineeship Enter at the Grade 14

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field.

Traineeship Enter at Grade 16

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering, or in a closely related field; and one year of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes:
Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Grade 18

A bachelor’s degree or higher in Accounting, Business Administration, Economics, Finance, Mathematics, Statistics, Engineering or in a closely related field, and two years of professional investment experience.

Qualifying experience includes:
Investment-related duties reflecting a fundamental knowledge of the financial markets and an understanding of the economic forces that impact the financial markets, or analysis of financial or economic data; investment risk or portfolio management; investment operations; investment compliance, investment auditing, investment accounting, and quantitative analysis.

Commercial real estate investing (investment acquisitions or asset management) or commercial mortgage lending, specifically involving the financing, investing in, leasing of, or asset management of large commercial real estate assets (generally properties worth $10 million or more);

Non-qualifying experience includes: Activities applicable to small commercial properties (e.g., two to four family homes), the sale or brokerage of single-family homes, or experience marketing or selling financial service products to individuals, as performed by financial advisors and stockbrokers.

Substitutions: Successful completion of all three levels of the CFA exam may substitute for two years of experience; a Chartered Alternative Investment Analyst (CAIA) designation, a Certified Commercial Investment Member (CCIM), a Member of the Appraisal Institute (MAI), or a Certified Public Accountant (CPA) may substitute for one year of experience; and a master’s degree in Business Administration concentrating in Finance or a closely related concentration may substitute for two years of experience.

Preferred Qualifications     – Commitment to providing exceptional customer service
– Excellent communication skills
– Excellent interpersonal skills
– Ability to effectively work within a deadline driven environment
– Ability to multi-task and manage changing priorities
– Strong presentation skills
– Experience and understanding of Private and Public Market investments
– Experience interpreting GASB/FASB statements
– Experience reading/interpreting legal documents
– Knowledge of data management processes and design principles
– Advanced knowledge of Microsoft Excel and familiarity with Microsoft Access
– Industry experience with Investment Analytics, Trading, Data Governance, Portfolio Management or Investment Research
– Experience with attribution analysis
certifications – CPA, CFA, CIPM, etc.

Physical Demands      None

Job Duties

The duties of the TRS Investment Officer 1/Trainee include, but are not limited to, the following:
– Trade processing and accounting related to internally managed investment portfolios
– Coordinating and monitoring investment portfolio reconciliation, reporting and accounting for externally managed investment portfolios including public market portfolios, as well as real estate and alternative investments
– Cash processing and other activities requiring interaction with the custodial bank
– Operational compliance functions of a statutory and regulatory nature
– Oversight and accounting for the securities lending program
– Calculate and/or review investment performance at portfolio, asset class and total fund levels
– Analysis of investment related activities, fees, valuations and attribution
– Work with investment staff/investment reporting requirements
– Support data governance initiatives, policies, procedures and structure
– Quarterly board investment reporting including performance, asset allocation and proxy reports
– Conduct research on investment related concepts and topics

Application Deadline  04/12/2021

Special Instructions to Applicants THIS IS NOT A REMOTE WORK POSITION.
There are currently no mandatory re-employment lists at this time. However, please note that if such a list is certified against this title prior to the completion of the selection process, candidates applying based on meeting the minimum qualifications or transferability under Civil Service Law can no longer be considered.
The work hours of this position are subject to change in accordance with Article 12 of the collective bargaining agreement.
This position falls under NYSTRS’ Personal Trading policy, which requires pre-clearance of personal trades and reporting of trading activity.

Apply Online

Founded in 1951, The Nature Conservancy (TNC) is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at unprecedented scale, providing food and water sustainably and helping make cities more sustainable.  One of our core values is our commitment to diversity. Therefore, we strive for a globally diverse and culturally competent workforce. Working in 72 countries, including all 50 United States, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.

NatureVest is the impact investment unit of The Nature Conservancy. NatureVest’s mission is to create and transact investable deals that deliver conservation results and financial returns for investors. Our vision is based on the conviction that capital markets, businesses and governments must invest in nature as the long-term capital stock of a sustainable, equitable and more efficient economy. To achieve our mission, we source and structure investment products that support TNC’s global strategies, raise capital for these investments, and share our knowledge and experience with the investment and conservation communities to amplify our efforts in this emerging area. To learn more, visit: www.naturevesttnc.org.

YOUR POSITION WITH TNC

The NatureVest Portfolio Manager will be responsible for monitoring the performance of the NatureVest portfolio of closed transactions to track and report on conservation impact and financial performance goals, both for each transaction and across the full portfolio of impact investments. Additionally, the Portfolio Manager will manage the governance process for NatureVest transactions, which includes review by NatureVest senior management, senior TNC leadership and the global Board of Directors.

Due to Covid-19 office closures, this position will initially be based remotely. Post-Covid closures, this position can be based out of any TNC office.

ESSENTIAL FUNCTIONS

The Portfolio Manager will serve as NatureVest’s primary liaison with all transaction-specific asset managers, both external service providers and staff from within TNC’s business units, gathering conservation impact and financial performance data, analyzing performance, and recommending action to help TNC meet its conservation obligations and financial responsibilities. They will also develop TNC management reporting and standardized communications for investors to report on impact outcomes and, as necessary, financial returns. Additionally, they will lead periodic reviews of closed portfolio performance to inform transaction development and investor engagement. The Portfolio Manager must have the ability to use financial modeling skills to analyze performance and deliver accessible, informative management dashboards, narrative performance reporting, and external communications with asset managers and investors.

 RESPONSIBILITIES & SCOPE

 Asset Management Oversight:

  • Working with transaction-level asset managers, monitor and report on conservation outcomes and (as necessary) financial returns, measuring variation against conservation targets and financial pro formas.
  • Highlight performance variances that demand corrective action and engage transaction-level asset managers to adapt management plans. This may require renegotiating terms of engagements, developing mitigating strategies, and other interventions.
  • Develop and implement investment valuation metrics in coordination with TNC Legal and Finance, ensuring valuation methodology continues to reflect best industry practice and is implemented appropriately over time.
  • Working with NatureVest team leads, develop asset management strategies for NatureVest deals.

Reporting Results: 

  • Report on transaction-level and portfolio-level asset management performance in regular dashboard and narrative formats for internal management audiences, as well as external investors.
  • Determine appropriate reporting intervals for each transaction and appropriate performance metrics, in coordination with transaction leads 
  • Present results to leadership of NatureVest and TNC, describing performance trends and recommending corrective action, if needed. 
  • Conduct annual asset management appraisals that inform deal origination and screening based on past deal performance
  • Oversee input of data from deals into the Hub, TNC’s management software

Operational Management:

  • Create and manage budgets for NatureVest related entities
  • Monitor entity compliance with tax payments and other required filings
  • Provide oversight on annual entity audits and ongoing entity financials
  • Manage compliance with covenants from both external debt and equity funders
  • Manage logistics of setting up new entities as needed as well as ongoing service agreements

Governance Management:

  • Manage NatureVest Credit Committee, including scheduling meetings, setting agendas, ensuring deal readiness for governance review, and preliminary review of deal memos and models for accuracy and completeness.

MINIMUM QUALIFICATIONS

  • Bachelor’s Degree and 5 years’ experience in portfolio management, middle-office experience, or equivalent combination.
  • Demonstrated experience in financial modeling, including developing pro formas, balance sheets, income statements, and cash flow statements.
  • Experience with accounting principles, practices, and regulations.
  • Some knowledge of GAAP and/or relevant regulatory framework.
  • Experience monitoring for and ensuring compliance with organizational policy, applicable law and regulation, and finance/accounting/management best practice.

DESIRED QUALIFICATIONS

 Commitment to the mission and values of The Nature Conservancy, although no prior experience in environmental conservation is required.

  • Superior written and oral communications.
  • Multi-lingual skills and/or multi-cultural experience appreciated.
  • Experience analyzing a regulatory framework and applying it to the situation at hand.
  • Ability to resolve complex issues independently within program area.
  • Experience acting as a resource to others to solve problems.
  • Demonstrated experience collaborating with a diverse range of subject matter experts.
  • B.A. or other advanced degree with significant course work in finance or economics highly preferred.
  • Strong team player who can build relationships and work collaboratively across the organization in an unstructured environment and with Conservancy partners.
  • Outstanding analytical, collaboration, and project management capabilities.
  • The Nature Conservancy is committed to diversity and encourages candidates with diverse and nontraditional backgrounds to apply.

ORGANIZATIONAL COMPETENCIES

 

Builds Relationships

Builds productive relationships by interacting with others in ways that enhance mutual trust and commitment.

Collaboration & Teamwork

Works collaboratively with stakeholders across levels, geographies, backgrounds, and cultures to improve decisions, strengthen commitment, and be more effective.

Communicates Authentically

Communicates proactively and in a timely manner to share information, persuade, and influence with the appropriate level of detail, tone, and opportunities for feedback.

Develops

Others

Takes ownership to help develop others’ skills, behaviors, and mindsets to help them maximize their workplace contributions.

Drives for

Results

Sets challenging goals and objectives based on a strong sense of purpose and high-performance standards and steadfastly pushes self and others for tangible results, while ensuring work-life balance.

Leverages Difference

Demonstrates commitment to harnessing the power of differences strategically; consistently sees, learns from, and takes strategic action related to difference; and demonstrates the self-awareness and behaviors to work across differences of identity and power respectfully and effectively with all stakeholder. Actively seeks to build and retain a diverse workforce and fosters an equitable inclusive workplace by drawing upon diverse perspectives.

Systems

Leadership

Thinks and acts from a broad perspective with a long-term view and an understanding of 1) the dynamic nature of large-scale challenges and 2) the need for integrating five key practices: skillfully engaging appropriate people; providing a clear process for change; taking a holistic view of situations; focusing on a small number of strategic actions, while learning from and adapting them over time; and being aware of how one’s own thinking or patterns of behavior may be limiting change.

This description is not designed to be a complete list of all duties and responsibilities required for this job.

How to Apply

For more information and to apply, please visit www.nature.org/careers and search for job ID#49506  in the keyword search. Deadline to apply is 11:59 p.m. Eastern Time on April 11, 2021.  The Nature Conservancy is an Equal Opportunity Employer. Women, minorities, people with disabilities and veterans are encouraged to apply.

 Please visit our career center for a full list of all our open positions globally. New opportunities are posted daily!

 

As one of the world’s largest and most experienced providers of Outsourced Chief Investment Officer (“OCIO”) solutions, Northern Trust truly understands the needs of institutional investment programs. Our capabilities, centered on expertise, customization, and execution, enable targeted investment outcomes that lead to our clients’ success.

To learn more about us, please visit:  Northern Trust Asset Management – Outsourced Chief Investment Officer

Position Description

The Specialist with the OCIO practice works across the business to assist in the growth of the Outsourced Chief Investment Officer (OCIO) practice within Northern Trust Asset Management. This individual will support the OCIO sales process through the development and coordination of RFP content, monitoring and tracking the sales pipeline while collaborating with internal staff on individual OCIO sales opportunities and search consultant activity.  They will work closely with the OCIO Senior Specialists, Client Investment Officers, and Institutional Asset Management Distribution team in order to assist in the positioning and growth of the OCIO business. The successful individual will be collaborative with the ability to manage multiple projects with high visibility. They will have exceptional communication and problem solving skills.

Primary Duties and Responsibilities

  • Support OCIO Senior Specialists, Client Investment Officers, and Institutional Asset Management distribution teams with customized OCIO content, messaging, and positioning
  • Review standard RFP responses and draft custom responses when needed. Conduct first review of completed RFP responses and coordinate completion with OCIO business leaders.
  • Support and ultimately conduct OCIO search consultant calling activity.
  • Maintain OCIO sales pipeline and follow up as necessary.
  • Develop and maintain key performance indicators for the OCIO sales effort.
  • Participate in new product business plans designed to expand the group’s service offering targeted for clients and market segments.
  • Build close partnerships with key internal staff to support OCIO sales efforts as appropriate.

Required Knowledge and Skills

  • Ability to carry out activities that are large in scope, cross-functional, and technically difficult.
  • Excellent oral and written communication skills
  • Ability to work in fast paced environment.
  • Ability to identify and execute process efficiencies without direct instruction.
  • Motivation as a self-starter
  • Humility to learn from others who hold ideas and opinions that differ from their own.
  • Analytical and organizational skills
  • Ability to multitask and manage conflicting priorities and workflows.

Required Experience and Education

  • 3-5 years of relevant experience, particularly in support of the sales function
  • Direct asset management experience preferred.
  • OCIO experience a plus
  • A bachelor’s and/or master’s degree from an accredited university

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 Forbes ranked us the top employer for Diversity in 2018.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

Click to apply

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.

Reasonable Accommodation

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.

 

As a global leader in asset management, our Investment Solutions group serves the world’s most-sophisticated investing clients – from sovereign wealth funds, pension plan sponsor and financial intermediaries to wealthy families and individuals and the advisors that serve them. Our asset management capabilities in index management, cash management, quantitative investing, research, portfolio construction, sustainable investing and manager selection, provide a rich set of capabilities which we tailor to meet the needs of investing clients around the globe. Our vision is to be the world’s most respected asset manager.

The Portfolio Investment Program Consultant is a licensed individual who is an investment and product specialist for intermediary and institutional clients.  The specialist provides market, asset allocation, portfolio construction, risk and product analysis and recommendations. Performs as a member of a team that works closely with both internal partners and external clients to consult on their client investment objectives and help make quality investment solutions and decisions that align with their objectives, risk tolerance and goals.  Acts as a product specialist regarding Northern Trust Asset Management investment and product capabilities.   The role will report to the Director of Portfolio Consulting and Analysis.

PRIMARY RESPONSIBILITIES

  • Supports and develops analysis and recommendations aligned with client goals and NTAM’s organizational vision and identified strategic priorities.  
  • Researches, analyzes and assists in the positioning and sales of NTAM solutions to meet the needs of clients and capture market demand
  • Develops and provides multi-asset portfolio consulting designed to achieve the objectives and goals of intermediary and institutional clients
  • Maintains expertise and content to support recommendations, e.g., product proof points, compliance approved templates, etc 
  • Produces detailed product and competitive analysis, serving as a multi-asset class subject expert 
  • Incorporates factor and risk analysis to formulate investment recommendations and select or replace investment strategies.
  • Maintains asset allocation expertise to identify optimal portfolios tailored to achieve client goals, incorporating client risk tolerance levels, funding and income needs, and knowledge of current economic and financial market conditions.
  • Develops and maintains a current understanding of relevant financial markets and conditions through internet research, reading financial pieces and/or attending relevant investment events. 
  • Gathers, analyzes and compiles various statistics on NTAM investment strategies, to create positioning for internal and external use
  • Contributes to a high level of teamwork and initiatives aligned with achieving group goals.  Proactively advises colleagues of issues that may affect client/prospects in either a positive or negative way.
  • Stays abreast of current and pending laws and regulations, and rules governing the industry
  • Works with Compliance to help ensure adherence to all policies and procedures.
  • Provides regular analysis and reporting to management

NECESSARY KNOWLEDGE AND SKILLS

  • Knowledge of investment and portfolio management theory and terminology, securities analysis, accounting and financial principles and industry investment practices, procedures and competitive strategies acquired through formal education and work experience. 
  • Candidate should be knowledge of analytical and presentation tools such as StyleAdvisor’s Zephyr, Morningstar Direct, Bloomberg or Wilshire products and have the ability to rationalize portfolio construction by combining statistical analysis, investment characteristic and trading knowledge. 
  • Exceptional organizational skills and the demonstrated ability to work independently and exercise sound business judgment
  • Strong, demonstrated skills in oral and written communications; including experience in effectively communicating with international employees, colleagues, clients, and executives
  • Demonstrated teamwork and interpersonal skills exemplified by the ability to forge strong relationships with other senior partners
  • Client-centric focus and problem-solving mindset
  • Self-starter and team-oriented, with a proven ability to manage workflow across cross-functional teams under demanding deadlines
  • Results-oriented with attention to detail; strong analytical skills

NECESSARY EXPERIENCE AND EDUCATION

  • Bachelor’s degree or relevant proven work experience 
  • Series 7 and 63 or 66, required.  
  • Preference given to additional financial designations.   
  • At least 5-10 years of work experience in the investment management industry, with a minimum of 2-3 years of portfolio construction experience 

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 value diversity as an essential element of our corporate culture. Whether performing as individuals or working together as teams, the quality and diversity of our employees clearly distinguishes us from our competition.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today. To learn more about us, please visit:  Northern Trust Asset Management 

Click to Apply

 

As a global leader in asset management, we serve the world’s most-sophisticated investing clients – from sovereign wealth funds, pension plan sponsor and financial intermediaries to wealthy families and individuals and the advisors that serve them. Our asset management capabilities in index management, cash management, quantitative research, portfolio construction, sustainable investing and manager selection, provide a rich set of capabilities which we tailor to meet the needs of investing clients around the globe. Our vision is to be the world’s most respected asset manager.
 

Advisory Solutions play a critical role in our Investment Solutions strategy and our mission to deliver investment and practice management insights to our clients. The Practice Lead will have primary responsibility for the development and management of innovative services, tools, and thought leadership to support the distribution and servicing of all NTAM Investment Solutions in the Intermediary and Institutional marketplace. This role will emphasize the utilization of portfolio construction to create goal-oriented solutions for both retirement and taxable investors. It will incorporate market and industry analyses, marketing strategy and business planning. The role will report to the Head of Investment Solutions for Northern Trust Asset Management (NTAM).

Important Responsibilities Include:

  • Supports and develops advisory solutions aligned with the overall organizational vision and identified strategic priorities.
  • Researches, analyzes and assists in the construction, oversight, and marketing of advisory solutions to meet the needs of clients and capture market demand
  • Develops, directs and oversees the execution of multi-asset portfolio consulting designed to achieve the objectives and goals of intermediary and institutional clients
  • Manages the development of all content required to support recommendations, e.g., product proof points, compliance approved templates, etc
  • Overseas the production of detailed product and competitive analysis
  • Builds scalability into new or existing processes to accommodate asset growth to meet established financial goals; identifies revenue opportunities
  • Oversees and delivers risk analysis of bespoke investment mandates to formulate investment recommendations to select and/or replace investment strategies.
  • Manages the delivery of asset allocation studies to identify optimal portfolios tailored to achieve client goals, incorporating client risk tolerance levels, funding and income needs, and knowledge of current economic and financial market conditions.
  • Leads the development of new tools to improve the team’s capabilities and scale.
  • Gather, analyze, and compile various statistics on NT investment strategies, to create investment proof points and positioning for internal and external use
  • Oversees the development of research, statistical and market data for use in creating thought leadership and other materials for Northern Trust clients.
  • Display high level of teamwork toward achieving Northern Trust’s goals. Maintain a positive influence in the group. Proactively advise Northern Trust partners of issues that may affect client/prospects in either a positive or negative way.
  • Stays abreast of current and pending laws and regulations, and rules governing the industry
  • Work with Legal and Compliance to help ensure adherence to all policies and procedures.
  • Carries out complex activities with significant financial, client, and/or internal business impact
  • Able to serve as a key subject matter expert and to manage and develop employees
  • Seasoned multi-disciplinary expert with extensive business experience, industry knowledge, contacts and broad functional expertise
  • Manages activities and supervises the work of registered employees
  • Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork and collaboration
  • Provides input and support to the budget management process
  • Provides regular analysis and reporting to management and key business leaders

Necessary Knowledge and Skills

  • Strong, demonstrated leadership proficiency including direct experience leading and/or managing teams.
  • Demonstrates teamwork and interpersonal skills, including the ability to forge strong relationships with other senior 
  • Extensive asset allocation and product knowledge as well as fund analysis and portfolio construction experience.
  • Demonstrated ability to work independently and exercise sound judgment.
  • Exceptional organizational skills and the demonstrated ability to work independently and exercise sound business judgment
  • Strong, demonstrated skills in oral and written communications; including experience in effectively communicating with international employees, colleagues, clients, and executives
  • Exceptional presentation skills
  • Demonstrated teamwork and interpersonal skills exemplified by the ability to forge strong relationships with other senior partners
  • Client-centric focus and problem-solving mindset
  • Self-starter and team-oriented, with a proven ability to manage projects across cross-functional teams under demanding deadlines
  • Results-oriented with attention to detail; strong analytical skills

Necessary Experience and Education

  • Bachelor’s degree required; CFA preferred. 
  • Series 7 and 24 FINRA licenses required.
  • At least 15 years of work experience in the investment management industry, with direct oversight of specialists

Click to Apply

 
 

SUMMARY

With over $600B in Equity Index assets under management, Northern Trust Asset Management is a top 5 largest equity index manager in the U.S. and Europe and a global leader in equity indexing.  We have a long, consisten track record tested over decades and market cycles.  Our US Index Equities team is looking for a Index Equity Portfolio Manager that will manage equity index funds and client portfolios to achieve stated performance objectives while mitigating operational risk.  They will need to have a thorough understanding of market trends and developments and will assist with the continued growth of Northern Trust’s equity index asset management business.

PRIMARY RESPONSIBILITIES

  • Manages equity index funds and/or client portfolios within expected risk limits and achieves performance consistent with stated client objectives.
  • Ensures that portfolios are maintained within investment guidelines and that they do not violate applicable government and industry regulations and trends.
  • Ensures that securities held in portfolios are appropriate for the goals of the client and monitors results for consistency. 
  • Researches and implements sophisticated trading strategies to maximize investor wealth.
  • Uses systems to rebalance funds as needed, to invest cash and to accommodate contributions/withdrawals.
  • Maintains knowledge of financial markets, regulatory developments and the evolving index landscape.
  • Engages with clients and prospects to represent our investment process, philosophy and performance.
  • Identifies opportunities to improve efficiency and mitigate operational risk.

NECESSARY KNOWLEDGE AND SKILLS

  • Knowledge of modern portfolio management theory and applications.
  • Knowledge of securities markets acquired through work experience.
  • Exceptional organizational skills and the demonstrated ability to work independently and exercise sound business judgement
  • Strong, demonstrated skills in oral and written communication
  • Demonstrated teamwork and interpersonal skills exemplified by the ability to forge strong relationships with internal and external partners (i.e. sales, client servicing, technology, performance analysis, back office, etc.)
  • Results-oriented with attention to detail and strong analytical skills
  • Self-starter with a proven ability to manage workflow across cross-functional teams under multiple competing deadlines

NECESSARY EXPERIENCE AND EDUCATION

  • 3-6 years of index equity portfolio management experience
  • Experience as an ETF Portfolio Manager is a plus
  • Experience working with Aladdin
  • Bachelor’s degree required
  • MBA and/or CFA preferred

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 value diversity as an essential element of our corporate culture. Whether performing as individuals or working together as teams, the quality and diversity of our employees clearly distinguishes us from our competition.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today. 

Click to Apply

 
 

ROLE SUMMARY

As a global leader in investment management, Northern Trust Asset Management (NTAM) serves the world’s most-sophisticated investing clients – from sovereign wealth funds, pension plan sponsors and financial intermediaries to wealthy families and the advisors that serve them. Northern Trust Asset Management manages approximately $1 Trillion in client assets contributing over $1 Billion in annual revenue to the Northern Trust Corporation. Belvedere Advisors, dba Emotomy, is the firm’s digital investment advice platform and a wholly owned subsidiary of Northern Trust Investments, Inc.

Digital investment advice software services are increasingly utilized in all major aspects of the investment management value chain including asset allocation, portfolio construction, trade execution, portfolio analysis and performance reporting. Fully integrated technology-enabled investment solutions are emerging to address the needs of investment advisors and financial professionals. 

Digital Investment advice represents a key strategic initiative for NTAM. The Head of Product Management will play a key leadership role in the design, development, delivery, client support and evolution of Northern Trust Asset Management’s digital investment advice business. He/she will be responsible for the daily leadership of the product development team, including the creation of the product roadmap, selection of service providers and partners, and interaction with potential/initial clients and direct interaction with Northern Trust’s most senior executives. 

KEY RESPONSIBILITIES

  • Lead product strategy and overall development of product roadmap with inputs from senior leadership team.
  • Provide hands-on leadership and direction to a team of product owners in the design and delivery of the product.
  • Assess training and career development for the product management team.
  • Oversee the release process and drive product delivery leveraging Agile principles.
  • Partner with key stakeholders to define communication plans for internal and external clients.
  • Collaborate with Technology to manage budgets and resource allocation.
  • Manage partnerships with Fintech providers and custodians to evaluate and enhance product integrations.
  • Collaborate with Sales, Marketing, Operations and Customer Success to ensure a common understanding of product, competitive landscape, value proposition and business goals.

REQUIRED QUALIFICATIONS

  • MBA or graduate degree in a management or technology
  • 15+ years of work experience with at least 10 years of work experience in product development / management in financial and/or consumer organization
  • Experience as a Head of Product Development and/or Product Management for a complex financial and/or consumer organization is preferred 
  • Strong understanding of software as a service business models and technologies within the registered investment advisory, wealth management and/or fintech product channels is a must
  • Strong problem solver with ability to manage conflict and lead the team towards creative solutions
  • Proven ability to create effective relationships, influence, and collaborate with stakeholders across sales, marketing, operations, engineering, product, and operations at all organizational levels
  • Diversity of experience working in startup organizations, Fintech companies, and corporate environments is preferred 
  • Exceptional business intuition and judgment to assist the team with translation of analytical inputs and metrics, platform architecture and business needs into value-creating initiatives
  • Expertise and validated application success in implementing Agile, Lean, journey mapping, design thinking and other process optimization/innovation frameworks
  • Superior communication skills, both written and verbal, including the ability to develop concise and effective communications tailored to specific audiences
  • Comfortable navigating ambiguity

PERSONAL AND PROFESSIONAL COMPETENCIES

  • LEADERSHIP & MANAGEMENT – The ability to select, develop, and motivate groups of people to work together in a committed way to achieve a common mission or goal
  • RESULTS ORIENTATION – Rigorously holding one’s self and others accountable for achieving high levels of individual and organizational performance and is keenly focused on results
  • JUDGMENT – Showing wisdom in making decisions and acting with a view to what is most appropriate, reasonable, timely and realistic
  • CONCEPTUAL SKILLS – Understanding complex situations or organizations in their entirety, grasping interrelationships and essential elements, and seeing their implications. 
  • LEARNING AGILITY – Quickly absorbing new information and the significance of changes in dynamic situations
  • CURIOSITY – Demonstrating a passion for learning, speculating on “what if” scenarios, and engaging in strategic inquiry
  • TEAMWORK – ability to forge strong relationships with professionals across business segments, functions and locations

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 value diversity as an essential element of our corporate culture. Whether performing as individuals or working together as teams, the quality and diversity of our employees clearly distinguishes us from our competition.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today. To learn more about us, please visit:  Northern Trust Asset Management.       

Click to Apply
 

 
 

SUMMARY

As a global leader in investment management, Northern Trust Asset Management (NTAM) serves the world’s most-sophisticated investing clients – from sovereign wealth funds, pension plan sponsors and financial intermediaries to wealthy families and the advisors that serve them. Northern Trust Asset Management manages approximately $1 Trillion in client assets contributing over $1 Billion in annual revenue to the Northern Trust Corporation. Belvedere Advisors, dba Emotomy, is the firm’s digital investment advice platform and a wholly owned subsidiary of Northern Trust Investments, Inc.

Digital investment advice software services are increasingly utilized in all major aspects of the investment management value chain including asset allocation, portfolio construction, trade execution, portfolio analysis and performance reporting. Fully integrated technology-enabled investment solutions are emerging to address the needs of investment advisors and financial professionals. The Head of Digital Investment Advice / Emotomy will be responsible for building upon and refining a comprehensive business strategy to increase distribution of our asset management solutions by accelerating distribution of these solutions through Emotomy, our digital investment advice platform. 

Digital Investment advice represents a key strategic initiative for our business. The Head of Digital Investment Advice / Emotomy will not only work collaboratively with senior business leaders to commercialize our digital offerings, but will also serve as a subject matter expert in the area of digital investment advice.  The Head of Digital Investment Advice / Emotomy will report directly to the Chief Operating Officer (COO) who is responsible for Operations and Strategy across the Asset Management business. He/she will work in a coordinated fashion with the business unit Chief Information Officer (CIO) and will collaborate closely with other leaders in the asset management business and across the firm.

KEY RESPONSIBILITIES

  • Lead the effort to accelerate growth of the digital investment advice offering, Emotomy, through in-depth analysis of industry trends, investor preferences, emerging technologies and the integration of NTAM investment capabilities and advice: 
    • Develop and communicate a comprehensive strategy aligned with the overall Asset Management vision and identified strategic priorities
    • Drive growth and scalability of the business
    • Enhance and evolve the Emotomy platform, specifically focused on functionality related to automatic onboarding, portfolio construction, investment management and reporting capabilities.
    • Work across business segments and distribution channels to drive the adoption digital investment advices solutions 
    • Prioritize Emotomy product roadmap based on inputs from Customer Success, Sales, Product Management, Marketing and Technology teams, as well inputs from external market analysis and research with a focus on acceleration of business growth
    • Identify partnership opportunities to continue building out the offering
  • General Business Management Responsibilities 
    • Collaborate with Asset Management senior executives across Investment Product, Funds and Managed Account, and Multi-Asset businesses to accelerate distribution of investment solutions via Emotomy
    • Work with marketing to articulate our value proposition and key messaging
    • Work with finance to develop strategic and rolling capital and financial forecasts and annual financial planning process
  • General Leadership Responsibilities 
    • Demonstrate a one team, mission-based approach by building trusted relationships with key stakeholders across NTAM through clear communication of our mission, a focus on winning the hearts and minds of stakeholders, and providing the environment and guidance necessary for the Emotomy team to do the same
    • Lead senior staff across Customer Success, Sales, Operations, Product Management, Marketing and Technology teams
    • Expand the adoption of best practices for positioning and implementation across business segment and groups
    • Develop thought leadership content to raise awareness of our capabilities and extend our Emotomy brand in the area of digital investment advice
    • Provide regular reporting and updates to executive management
    • Stays abreast of emerging technology trends and market developments
    • Align company resources creating synergies between our Digital Investment Advice initiative and NTAM’s other strategic priorities 

REQUIRED QUALIFICATIONS

  • MBA or graduate degree in a management or technology
  • 15+ years of work experience with at least 10 years of work experience in asset management, retail intermediary channel and/or 7+ years fintech 
  • Demonstrated resourcefulness in setting strategy, priorities and guiding people and platforms
  • Strong understanding of software as a service business models and technologies within the investment management and registered investment advisory channels
  • Strong problem solver with ability to manage conflict and lead the team towards creative solutions
  • Proven ability to create effective relationships, influence, and collaborate with stakeholders across sales, marketing, operations, engineering, product, and operations at all organizational levels
  • Track record of driving multi-discipline, multi-level teams to deliver exceptional results including senior-level resources
  • Track record of driving strategy process including structured, hypothesis-driven problem solving, framework development, and formulation of actionable recommendations
  • Exceptional business intuition and judgment to assist the team with translation of analytical inputs and metrics, platform architecture and business needs into value-creating initiatives
  • Expertise and validated application success in implementing Agile, Lean, journey mapping, design thinking and other process optimization/innovation frameworks
  • Superior communication skills, both written and verbal, including the ability to develop concise and effective communications tailored to specific audiences
  • Comfortable navigating ambiguity

PERSONAL AND PROFESSIONAL COMPETENCIES

  • LEADERSHIP & MANAGEMENT – The ability to select, develop, and motivate groups of people to work together in a committed way to achieve a common mission or goal
  • RESULTS ORIENTATION – Rigorously holding one’s self and others accountable for achieving high levels of individual and organizational performance and is keenly focused on results
  • JUDGMENT – Showing wisdom in making decisions and acting with a view to what is most appropriate, reasonable, timely and realistic
  • CONCEPTUAL SKILLS – Understanding complex situations or organizations in their entirety, grasping interrelationships and essential elements, and seeing their implications. 
  • LEARNING AGILITY – Quickly absorbing new information and the significance of changes in dynamic situations
  • CURIOSITY – Demonstrating a passion for learning, speculating on “what if” scenarios, and engaging in strategic inquiry
  • TEAMWORK – ability to forge strong relationships with professionals across business segments, functions and locations

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 value diversity as an essential element of our corporate culture. Whether performing as individuals or working together as teams, the quality and diversity of our employees clearly distinguishes us from our competition.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today. To learn more about us, please visit:  Northern Trust Asset Management.      

Click to Apply

CORPORATE PROFILE

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and over 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 Forbes ranked us the top employer for Diversity in 2018.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

FRONT OFFICE SOLUTIONS PROFILE

Front Office Solutions is a new strategic business for Northern Trust, which provides a holistic digital+ service offering for some of the most sophisticated institutional investors across the globe, including foundations, endowments, pension funds, corporations, insurance companies, central banks and sovereign wealth funds. As asset owners engage in more complex, data-driven investment approaches to asset allocation, their operational needs and demands for high quality data have skyrocketed. Front Office Solutions provides a holistic, full-service, multi-asset solution that aims to empower in-house investment teams and support their important mission by providing a more comprehensive set of operational services and analytics including portfolio management, investment decision support, operational risk management, CRM/document management and workflow tools.

DESCRIPTION

Under general supervision, the Senior Analyst will be responsible for investment data management that will provide clients with the holistic data sets they need to fulfil their various stakeholder requirements. The Senior Analyst will assist in researching solutions for data challenges for institutional clients.

PRIMARY RESPONSIBILITIES

  • Acts as point of initial entry for all investment data. Includes entry of (but not limited to):
  • Investment transactions (typically statement-based for alternative assets; file-based for public markets)
  • Investment valuations (typically statement-based for alternative assets; file-based for public markets)
  • Manager Estimates
  • Plan Income / Expense Items
  • Plan Contributions / Spending Withdrawals
  • Underlying Manager Exposure Data
  • Benchmark Data
  • Responsible for preparing all investment reconciliations. Includes reconciliation of cash, positions, performance, transactions, alternative investment metrics (unfunded commitment, etc.).
  • Import, normalize, and configure large amount of historical data sets from multiple systems into FOS technology platform.
  • Responsible for initial review of NAV, allocation and underlying client performance for alternative investments.
  • Serves as initial reviewer of investment and composite performance calculations, including time weighted return and IRR calculations.
  • Serves as initial reviewer of single, conventional and blended benchmark calculations.
  • Responsible for the input of all historic data entry and initial preparation of all reconciliations during client onboarding.
  • Able to serve as a key subject matter expert and assist in training FOS partners in specific areas of expertise
  • Participates in ongoing process improvements based on specialized skills, knowledge, and experience.

REQUIRED KNOWLEDGE & SKILLS

  • Knowledge of the investment industry, including markets and instruments.
  • Basic investment concepts knowledge: IRR, time-weighted return, NAVs, accruals, etc.
  • Investment operations knowledge: hedge fund accounting, private equity funds, performance reporting, etc.
  • Alternative asset class knowledge: hedge funds, private equity, non-marketable securities, marketable securities, etc.
  • Advanced understanding of Microsoft Suite (Excel, Word, PowerPoint, Visio), with particular emphasis on Excel Advanced Excel skills (Excel Pivot Tables, Charts, V-lookup, etc.).
  • Analytical skills
  • Understanding of instances when performance issues need to be escalated to a supervisor.
  • Ability to prioritize, multi-task, and perform effectively under deadlines.
  • Ability to handle multiple concurrent projects and to reconcile any conflicting priorities.
  • Commitment to project success as it may require working unconventional hours during critical project phase.

PREFERRED KNOWLEDGE & SKILLS

  • Functional /industry knowledge of and experience with complex asset allocators such as endowments, foundations, family offices, institutional asset managers, pension funds or sovereign wealth funds.
  • Understanding of alternative investment custodians, administrators, and service providers.
  • Work experience in one of the following
  • Alternative Asset Operations
  • Performance Measurement
  • Investment Accounting (analytics, reporting, etc.)
  • Technical skills / systems knowledge (Investment Administration & Portfolio Analytics Platforms).
  • Experience using VBA, Python or other programming language to format large data sets.
  • Orientation to operational process improvement.
  • Client servicing experience. High level of comfort communicating directly with clients and client advocacy.
  • Ability to work closely and collaborate with internal stakeholders.

QUALIFICATIONS

  • A College or University degree, preferably in Finance, Accounting, Mathematics, Economics or a related field
  • Minimum of 1 year of industry experience in one or more of the following fields:
  • Alternative Asset Operations
  • Performance Measurement
  • Investment Accounting (analytics, reporting, etc.)
  • Interest in pursuing: CFA, CAIA, CIPM, CPA, MBA.
  • A genuine desire and capability to work in a fast-paced, professional, inclusive environment which requires teamwork, well-honed problem-solving skills, frequent re-prioritization, deadline management, ongoing and comprehensive communication, constant attention to detail, and a commitment to continuous improvement and best practices.

Click to Apply

CORPORATE PROFILE

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and over 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 Forbes ranked us the top employer for Diversity in 2018.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

 FRONT OFFICE SOLUTIONS PROFILE

Front Office Solutions is a new strategic business for Northern Trust that provides a holistic digital+ service offering for some of the most sophisticated institutional investors across the globe, including foundations, endowments, pension funds, corporations, insurance companies, central banks and sovereign wealth funds.  As asset owners engage in more complex, data-driven investment approaches to asset allocation, their operational needs and demands for high quality data have skyrocketed.  Front Office Solutions provides a holistic, full-service, multi-asset solution that aims to empower in-house investment teams and support their important mission by providing a more comprehensive set of operational services and analytics including portfolio management, investment decision support, operational risk management, CRM/document management and workflow tools. 

DESCRIPTION

The Specialist, supported by a team of Client Solutions partners, will be responsible for providing a set of dedicated clients with the holistic investment data sets they need to fulfil their various stakeholder requirements as well as identifying solutions for data analysis and reporting challenges which will arise in this ever-changing, dynamic investment environment.

PRIMARY RESPONSIBILITIES

  • Serves as daily point of contact for advanced / escalation of client service needs.
    • Responsible for interpreting, reviewing and resolving ad hoc client requests.
  • Works with client’s operational staff on discovery, problem resolution, and workflow management.
  • Acts as first point of escalation for daily / monthly performance issues as raised by junior team members.
  • Acts as a final reviewer and approver for month-end client cycle. Includes:
    • Validating statement-based valuations
    • Delivery of all client data analysis and reporting, inclusive of:
      • Accounting
      • Exposures
      • Performance
    • Hosting monthly client sign off meeting to review all data and performance results with client.
  • Provides final review and sign off on client output including NAV, allocation and underlying client performance.
  • Leads new client onboarding
    • Participates in initial client discovery sessions; assists in project planning, setting client expectations, and facilitating continuous client updates throughout the onboarding process.
    • Responsible for the review of all historic data entry and reconciliations during client onboarding.
    • Creates client service level descriptions (SLDs) and manages any associated client negotiations.
    • Responsible for management of team members and tasks to meet continuous client deadlines and milestones during onboarding process.
  • Responsible for adherence to client service level deliverables as documented in the respective SLDs.
  • Responsible for detailed management of client investment data:
    • Investment transactions (typically statement based for alternative assets; file based for public markets)
    • Investment valuations (typically statement based for alternative assets; file based for public markets)
    • Cost basis analysis, cash movement, pricing, gain and loss analysis, account and position reconciliation
    • Alternative investment manager estimates
    • Plan income / expense items
    • Plan contributions / spending withdrawals
    • Underlying manager exposure data
    • Benchmark data
    • Alternative investment performance data
  • Responsible for oversight of all investment reconciliations, including reconciliation of cash, positions, performance, transactions, alternative investment metrics (unfunded commitments, etc.).
  • Responsible for oversight of NAV, allocation and underlying client performance for alternative investments.
  • Analyzes and communicates output from attribution models to clients.
  • Analyzes and communicates Public Market Equivalent (PME) output to clients.
  • Serves as a resource for toolset’s liquidity analysis and portfolio planning capabilities supporting the institutional asset owner clients.
  • Creates materials and conducts ongoing training activities for clients and new FOS team members, supporting full service clients and software-only clients.
    • Creates training materials and leads training sessions on daily operational activities as well as system capabilities
  • Participates in ongoing process improvement discussions where feasible including:
    • Third party vendor sourcing
    • Process improvement through technical skills
    • Ongoing Front Office Solutions program build (fee billing, legal contracts, training, etc.)

REQUIRED KNOWLEDGE & SKILLS

  • Experience working with complex asset owners including Endowments, Foundations, Family Offices, OCIOs, Pension Funds, Sovereign Wealth Funds, and institutional asset managers.
  • Strong understanding of institutional investment industry, including markets, instruments, funds and fund structures, trading, etc.
    • Deep knowledge of alternative assets and related operational processes (hedge funds, private equity). Demonstrated understanding of private equity transactional impacts on unfunded commitments, market value, cost, and other metrics typically associated with private equity (TVPI, DPI, PIC, etc.).
  • Experience managing an investment operations team.
  • Deep understanding of investment operational processes, transactional impacts, cash movement, accruals, and valuation methodologies.
  • Deep understanding of accounting/reporting methods, including IBOR, ABOR, TrueNav, to support complete and accurate data capture.
  • Knowledge of performance measurement concepts and standards including GIPS Standards.
  • Understanding of benchmarks and benchmark calculations across multiple asset classes as well as an understanding of the benchmark provider industry; understanding of blended benchmarks and custom benchmarks and data management nuances.
  • Prior experience with multi-asset class portfolio management software.
  • Advanced understanding of Microsoft Suite (Excel, Word, PowerPoint, Visio), with particular emphasis on Excel.
  • Experienced in operational process improvement.
  • Client servicing and relationship management experience; hhigh level of comfort communicating directly with clients and client advocacy.
  • Must be able to work closely and collaborate with internal stakeholders.
  • Ability to prioritize, multi-task, and perform effectively under deadlines.
  • Ability to handle multiple concurrent projects and to reconcile any conflicting priorities.
  • Commitment to project success as it may require working unconventional hours during critical project phases.

 

PREFERRED KNOWLEDGE & SKILLS

  • Experience using VBA, Python or other programming language to format large data sets

QUALIFICATIONS

  • A College or University degree
  • A minimum of 7 years of institutional investment industry experience in the following fields:
    • Performance Measurement & Investment Data Analytics (attribution, liquidity, and exposures)
    • Alternative asset operations
    • Investment Operations (analytics, reporting, fund or investment accounting)
    • Fund accounting
    • Financial reporting
    • Accounting
    • Investment account data reconciliation – accounting and performance
  • Completion (or progress towards) of advanced credentials (CFA, CAIA, CPA, MBA) preferred.
  • A genuine desire and capability to work in a fast-paced, professional, inclusive environment which requires teamwork, well-honed problem-solving skills, frequent re-prioritization, deadline management, ongoing and comprehensive communication, constant attention to detail, and a commitment to continuous improvement and best practices.

Click to Apply

CORPORATE PROFILE

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and over 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 Forbes ranked us the top employer for Diversity in 2018.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

FRONT OFFICE SOLUTIONS PROFILE

Front Office Solutions is a new strategic business for Northern Trust, which provides a holistic digital+ service offering for some of the most sophisticated institutional investors across the globe, including foundations, endowments, pension funds, corporations, insurance companies, central banks and sovereign wealth funds. As asset owners engage in more complex, data-driven investment approaches to asset allocation, their operational needs and demands for high quality data have skyrocketed. Front Office Solutions provides a holistic, full-service, multi-asset solution that aims to empower in-house investment teams and support their important mission by providing a more comprehensive set of operational services and analytics including portfolio management, investment decision support, operational risk management, CRM/document management and workflow tools.

DESCRIPTION

The Manager, Client Solutions Team Lead’s job focus has three distinct facets:  Client Servicing and Consultation; Managing Client Deliverables – current and prospective; and Team Management.  Unlike some other managerial roles, this role is designed to be more hands-on to better support clients and their direct utilization of the Parilux toolset. The Parilux toolset is at the center of the products and services delivered by FOS. The Manager needs to have a thorough understanding of the Parilux toolset and a deep and current knowledge of fund accounting, operations, performance measurement and analytics, and alternatives (private equity and hedge funds) to properly use the toolset and to interpret and report on all toolset output. While the Manager will rely on the client-focused leadership of Specialist, Client Service Leads, the Manager can only fully and successfully support the team’s client deliverables and manage the team’s tactical and strategic direction based on the required, comprehensive knowledge and skills described herein.

Areas of Focus

  • The Manager is expected to play a key role on each client relationship as part of the consultant and client service model. The Manager will generally oversee the daily activities which are coordinated and managed by Specialist, Client Service Leads.  Additionally, the Manager will likely launch and lead special projects and initiatives as an outgrowth of the dynamic, consultative client service model.
  • The Manager will establish the tactical and strategic priorities for the entire team and lead the team’s project management efforts. The Manager will coordinate all ongoing work with the rest of the FOS organization including requested Parilux development projects (client-requested or otherwise). It is expected that there will be numerous special projects to build out the operational infrastructure and continuously introduce efficiencies as FOS builds scale and integrates technology-based solutions to support the evolving and complex investment data management needs of its clients.
  • With respect to Team Management, the Manager will manage others and apply operational or strategic management skills. Management responsibilities and decisions include hiring, performance reviews, pay decisions, and development.
  • Problem solving is guided by policies and procedures; these are either existing or will be developed with input of the Manager as circumstances and needs arise. Guidance and oversight are provided by the Head of Client Solutions.

PRIMARY RESPONSIBILITIES

  • Responsible for the overall client satisfaction, providing clients with the holistic data sets they need to fulfill the various stakeholder requirements.
  • Responsible for satisfying client reporting requirements; implementation of reporting tool enhancements requested or necessitated by the client; client training; and identifying solutions for data challenges presented by the client.
  • Coordinates new Client onboarding for the assigned team. Responsible for translating Client requirements and guiding enhanced processes through FOS’s technology and services. Responsible for identifying the appropriate structural configuration to support content, transparency and reporting objectives.
  • Responsible, with project management support, to establish a comprehensive project management framework for all facets of the onboarding process and into business-as-usual (“BAU”) operations. This framework will serve as the basis for the relationship’s ongoing operating rhythm.
  • Responsible for defining all BAU processes to support all facets of each client’s specific reporting framework(s) – IBOR, TruNAV, ABOR, CBOR, etc. Responsible for identifying supporting tools and technology to manage BAU and optimize efficiency and the control environment.
  • Responsible for managing all reconciliation and review and overseeing the entire Client control environment.
  • Responsible for the development and ongoing maintenance of all supporting Client operating documentation and for ensuring all Client documentation is current, applicable, fully reviewed with the Client and signed off on by the Client (and internally) on a periodic basis.
  • Responsible for Client training – web-based and onsite. Responsible for any training materials and reference materials required by the Client. This may require development of customized training materials depending on the client’s use of and configuration in the Parilux tool; client investment data; and/or client reporting.
  • Responsible for managing all Client reporting – whether facilitated through FOS or otherwise.
  • Responsible for understanding and managing to Client’s regulatory requirements and communicating those needs to the larger FOS team to support FOS research and analysis.
  • Responsible for educating direct reports and providing specific, analytic guidance and support to team members when interpreting complex system calculations.
  • Uses judgment to identify, troubleshoot and resolve day-to-day technical and operational problems.
  • Guided by policies and procedures, impacts the quality, efficiency and effectiveness of own team and its contribution to the department.
  • Responsible for special projects as assigned.

REQUIRED KNOWLEDGE & SKILLS

  • Strong understanding of institutional investment industry, including markets, instruments, funds and fund structures, trading, etc.
  • Deep knowledge of alternative assets and related operational processes (hedge funds, private equity). Demonstrated understanding of private equity transactional impacts on unfunded commitments, market value, cost, and other metrics typically associated with private equity (TVPI, DPI, PIC, etc.).
  • Strong understanding of investment operational processes, transactional impacts, cash movement, accruals, and valuation methodologies.
  • Strong understanding of accounting/reporting methods, including IBOR, ABOR, and TruNAV to support complete and accurate data capture.
  • Knowledge of performance measurement concepts (such as attribution analysis) and standards (such as GIPS Standards).
  • Understanding of benchmarks and benchmark calculation methodologies across multiple asset classes, including blended and custom benchmarks.
  • Advanced knowledge of Microsoft Suite (Excel, Word, PowerPoint, Visio), with particular emphasis on Excel.
  • Applies operational business practices and coordinates with other closely related areas to improve efficiency.
  • Explains information, conveys performance expectations and handles sensitive issues.

QUALIFICATIONS

  • Has formal supervisory experience managing an investment operations (or the equivalent) team; has experience coordinating resources and setting daily priorities to meet operational objectives.
  • 10+ years of institutional investment industry experience, specifically in Performance Measurement & Investment Data Analytics (attribution, liquidity, and exposures), Alternative asset operations, Investment Operations (analytics, reporting, fund or investment accounting), Fund accounting, Financial reporting, Accounting and Investment account data reconciliation – accounting and performance.
  • Experience working with complex asset owners including Endowments, Foundations, Family Offices, OCIOs, Pension Funds, Sovereign Wealth Funds, and institutional asset managers.
  • Experience managing relationships with complex asset owners and the full complement of issues which will arise.
  • Prior direct client servicing and relationship management experience.
  • Prior work experience requiring considerable organizational, planning, and prioritization skills; project management experience.
  • Solid experience with the full range of communication skills – written and oral.
  • Prior experience with multi-asset class portfolio management software.
  • Experience using VBA, Python or other programming language to format large data sets preferred.
  • A. or B.S. degree.
  • Advanced credentials – CFA, CAIA, MBA, or CPA highly preferred.

Click to Apply

Our client, Illinois Municipal Retirement Fund (IMRF), seeks a Chief Investment Officer (CIO).  IMRF is the administrator of an agent multiple-employer public employee retirement plan, with over 177,000 participating members, 138,000 benefit recipients and AUM of $49.8B.  IMRF is located in Oak Brook, IL, a Chicago suburb, and employs a staff of 223 dedicated professionals. 

The CIO will report to the Executive Director and, along with the investment staff, will oversee the asset allocation policy, the investment manager due diligence and selection process, negotiation of contract details, and monitor investment manager performance across all asset classes.  The CIO will has eight direct reports and eight indirect reports.

To learn more about the Responsibilities and Preferred Qualifications please view the Position Specifications.

To apply please send your resume to Lauren at lmcelderry@eflassociates.com.

Northern Trust Asset Management leverages deep capital markets expertise and capabilities to provide differentiated and innovative investment solutions for clients and profitable growth for shareholders. The Strategic Product Management Group (SPG) mission is to translate our asset management capabilities into a comprehensive product strategy rooted in the firm’s strategic growth plans.  The SPG works collaboratively with investment manufacturing and distribution to ensure products are effectively managed through the product life cycle.  We are seeking results-driven investment professionals who will play critical roles in commercialization of our core asset management capabilities. 

Senior Strategic Product Manager

The Senior Strategic Product Manager is a subject matter expert who develops a comprehensive product strategy, innovation and product management program to grow assets, revenues and profitability of a specific asset class or suite of products. Responsibilities lie in 3 broad areas: (1) driving product strategy and development, based on assessment of markets, clients and competitors; (2) product positioning and  messaging; (3) go-to-market action plans to drive product commercialization.

Key Responsibilities

  1. Analyze market and industry trends to inform product development and commercialization efforts. Provide timely competitive intelligence on flows, asset growth, product trends and performance.
  2. Position and promote products in collaboration with Product Marketing and Investment Team Strategists with focus on content development for thought leadership and sales collateral. Develop product sales ideas that are informed by current market events and competitive opportunities.
  3. Develop product set assessments, mapping existing products to stages of the product lifecycle, to aid in identification of gaps and establishment of product development priorities. Recommend repositioning or elimination of products as needed to enhance commercial performance.
  4. Drive business case development for product innovation cleared through product governance and vetting structures.
  5. Champion product line profitability and evolve pricing and expense management strategies to support the firm’s P&L objectives.
  6. Represent Products in various internal and external forums.
  7. Support sales/prospecting opportunities including product training.

 Qualifications

  1. Bachelor degree required; MBA and/or CFA strongly preferred.
  2. 10+ years of work experience in the investment management industry, with direct experience in investment product management
  3. Strong analytical and business management skills with an ability to translate broad strategic goals into specific and measurable action plans
  4. Strong oral and written communication skills, prior experience with product marketing collateral development is a plus
  5. Strong team orientation with solid negotiation skills and an ability to influence across disciplines and outside of reporting lines; an ability to lead virtual teams
  6. Proficient with investment tool sets (e.g., Bloomberg, Morningstar, eVestment), Excel and Powerpoint

Apply Online

Reports to: Executive Director and Chief Investment Officer
Salary: Paid Internship
Description:
The Illinois State Board of Investment (“ISBI”) Investment & Operations Staff Intern will support Investment and Operations Staff in the oversight of a $23 Billion Defined Benefit plan and a $5.4 Billion Deferred Compensation
Plan. ISBI’s internship program offers exposure to a variety of asset classes, providing a unique opportunity to learn about investment strategies ranging from passive indexed investments to niche private market strategies
and everything in between. The Staff Intern will learn about the components of a long-term institutional investment portfolio, the Fund’s approach to investment analysis, risk management, and the important role of
diversity in investments. The internship program also provides an in-depth view into aspects of ISBI’s portfolio and general business operations.
Responsibilities:
The Investment and Operations Staff Intern’s role is to support ISBI’s Investment Staff in the assessment of current and prospective investment managers alongside our Strategic Partners, review the Fund’s quarterly
performance reporting, assist in the preparation of materials for ISBI’s Board of Trustees, perform other research relating to the portfolio as necessary, and support ISBI’s Director of Operations and Accounting in executing
ongoing portfolio and business operations. Specific responsibilities include, though are not limited to:
1. Perform portfolio research and assist with investment manager reviews. Present research and findings at weekly Investment Staff meetings.
2. Participate in meetings and quarterly performance updates with ISBI’s investment managers.
3. Assist Investment Staff in assembling materials for ISBI’s Board of Trustees, Executive Director/CIO, and other relevant parties.
4. Compile and organize data for investment-related reporting requirements.
5. Organize and maintain ISBI’s online investment management storage system and other investment related databases.
6. Assist Investment Staff in Transition Management oversight and Transaction Cost Analysis.
7. Review ISBI’s Investment Policy and report pertinent information to Investment Staff.
8. Assist operations staff with re-designing ISBI’s asset tracking process.
9. Assist operations and accounting staff with special projects as identified by ISBI’s Executive Leadership Team
10. Perform other duties as required or assigned.
Requirements:
• Proficient in Microsoft Office Suite
• Interest in financial industry
• Courses in Business, Finance, Investments and Math
• Superb written and oral communication skills
• Remote internship; however, must be able to pick up ISBI issued laptop at ISBI’s office
Submit applications by e-mail to employment@isbinvestment.com by April 23, 2021

Description

The Opportunity

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. Mesirow was also recently named one of the Best Places to Work in Chicago by the Chicago Tribune and one of the Top Places to Work by Crain’s Chicago Business.

Mesirow Investment Banking focuses exclusively on middle-market transactions and serves both public and private companies in merger & acquisition advisory, debt advisory, restructuring and special situations, fairness and solvency opinions, board of directors advisory and special committee representation. Our practice combines rich industry knowledge and long-standing relationships with an entrepreneurial desire to develop tailored solutions designed to deliver measurable results.

We are currently seeking an Analyst for our Investment Banking team within the Capital Markets and Investment Banking division at Mesirow Financial. The Analyst will work with advisory teams across all industry verticals on M&A, capital raise and other strategic advisory assignments.

Responsibilities

  • Perform financial modeling and company valuation analysis including leveraged buyout, discounted cash flow, comparable public company and precedent transaction analyses.
  • Complete ad-hoc financial and operating analyses on behalf of clients
  • Drafting presentations and information memoranda
  • Perform in-depth company and industry research
  • Support senior bankers and clients throughout advisory engagements
  • Actively contribute as a member of Mesirow’s advisory team which will include participation in various client-facing roles
  • Assist with firm marketing efforts across Mesirow’s industry verticals
  • Perform other duties and special projects as assigned.

Requirements

  • Minimum 1-2 years of experience in Investment Banking, Audit or Transaction Advisory.
  • Bachelor’s degree in a relevant field (e.g. Finance, Accounting, Economics)
  • Strong analytical capabilities including financial statement analysis, financial accounting and company valuation
  • Demonstrated proficiency with business writing
  • Ability to complete multiple project-oriented tasks effectively and in a timely manner with exceptional attention to detail.
  • Teamwork skills.
  • Capable of managing a wide range of responsibilities.
  • Ability to articulate complex ideas simply and summarize them effectively.
  • Commitment to excellence in your work and high professional and ethical standards.
  • Experience working with Word, Excel, PowerPoint, Capital IQ and other research databases

Apply Online

Segall Bryant & Hamill is an independent investment firm headquartered in Chicago, Illinois with offices in Denver, CO; St. Louis, MO; Philadelphia, PA; and Naples, FL. Since our founding in 1994, we have grown to close to $23.9 billion in assets under management as of December 31, 2020. We provide fee-based investment management of equity, fixed income and balanced investment portfolios. Our growing client list includes high net worth individuals and families, endowments, foundations, corporations, hospitals, public funds and multi-employer plans across the country.

The Segall Bryant & Hamill (SBH) fixed income team is seeking a fixed income analyst candidate that is eager to develop their skills and knowledge across the fixed income investment discipline. This individual will join our team, contributing their talent and perspective in pursuit of our goal to provide high quality investment solutions for our clients. We anticipate that the success of our clients will in turn provide growth and career enhancement opportunities for all members of our team.

Within our team environment, the analyst will serve in meaningful roles across a range of fixed income investment management responsibilities. The analyst will be aiding us in our work on portfolio analytics, providing  quantitative support and collaborating within our credit research efforts while also supporting certain trading responsibilities.

Qualifications

Experience
• Strong analytical and technical skills
• Proficiency in Excel, Bloomberg and database applications
• College degree in a related field
• CFA designation, or willingness to pursue the CFA designation
Required Skills and Demands of Position
• Intellectual curiosity
• Self-starter with a strong work ethic
• Must be detail oriented and a critical thinker
• Must embrace working in a team environment and possess strong interpersonal skills
• Ability to prioritize responsibilities and multi-task
• Strong computer application skills necessary, including spreadsheets and financial modeling
• Work week is in excess of 40 hours

All submissions must include a resume, cover letter and salary requirements.
Company website: www.sbhic.com

Segall Bryant and Hamill is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Description

The Company

Mesirow is an independent, employee-owned firm founded in 1937. As specialists in investment, advisory, and risk management services, we are committed to helping our institutional, corporate and individual clients achieve their objectives. We are proud of Mesirow’s culture of fostering team member engagement, entrepreneurship, and empowerment. Our positive culture, volunteerism, and opportunity for advancement makes Mesirow one of the few employers to be included in both Chicago Tribune’s Top Places to Work and Crain’s Best Places to Work in Chicago.

Mesirow Fiduciary Solutions is an outsourced fiduciary pioneer. Our team of experts delivers a full suite of fiduciary services to recordkeepers, retirement plans, financial advisors, and plan participants through easy-to-understand investment programs.

The Opportunity

The Associate Consultant will provide data and operational support to Mesirow Fiduciary Solution’s client consulting teams. The data and operational support will be integral to the fiduciary services that our team offers to institutional clients. After the Associate Consultant gains a deep understanding of our fiduciary services and demonstrates a strong ability to work in a dynamic environment, responsibilities may naturally evolve, with more client-facing and fund company-facing opportunities over time.

The Associate Consultant will be part of Mesirow Fiduciary Solution’s Consulting team and will possess the following responsibilities: 

  • Serve on client teams that support institutional engagements; each client team includes the Associate Consultant, other Consultants/Senior Consultants, and sales personnel
  • Assist in the creation and quality assurance of recurring reports for institutional engagements
  • Maintain client agreements, including verifying receipt, reviewing signed agreements for completeness and accuracy, and keeping an updated log on such agreements
  • Monthly and quarterly client invoicing
  • Submit quarterly due diligence questionnaires to asset management companies, track receipts and follow-ups, and log questionnaire responses
  • Learn due diligence methodologies employed by team
  • Learn and independently use reporting and research tools available to the team
  • Participate in testing of new systems or system enhancements
  • Process requests from the sales team, including calling on retirement plan sponsors and advisors to ensure necessary action items recommended by Mesirow are completed, verifying retirement plan lineups meet service requirements and other similar requests
  • Work on ad-hoc projects to assist other team members

Qualifications

  • Bachelor’s degree in finance, economics, mathematics, statistics, or a related field
  • One to three years of experience in investment consulting, retirement planning, or a related field (internships may count towards years of experience)
  • Detail- and deadline-oriented, along with an ability to work with large sets of data efficiently, independently, and accurately
  • Intermediate to advanced knowledge of Excel required
  • Knowledge of investment-oriented databases (e.g., Morningstar Direct) preferred but not required
  • Superior skills in organization, time management, prioritization, research, team collaboration, and self-motivation, combined with the ability to process information quickly
  • Series 7 and 66 Licenses required within one year of start date
  • Must be willing/able to commute to office in River North

Apply Online

Description

The Company

Mesirow is an independent, employee-owned firm founded in 1937. As specialists in investment, advisory, and risk management services, we are committed to helping our institutional, corporate and individual clients achieve their objectives. We are proud of Mesirow’s culture of fostering team member engagement, entrepreneurship, and empowerment. Our positive culture, volunteerism, and opportunity for advancement makes Mesirow one of the few employers to be included in both Chicago Tribune’s Top Places to Work and Crain’s Best Places to Work in Chicago.

Mesirow Fiduciary Solutions is an outsourced fiduciary pioneer. Our team of experts delivers a full suite of fiduciary services to recordkeepers, retirement plans, financial advisors, and plan participants through easy-to-understand investment programs.

The Opportunity

The Fund Research Consultant will support Mesirow Fiduciary Solutions’ team and investment committee with timely and thorough analyses on mutual funds, collective investment trusts, and other investment vehicles.

The Fund Research Consultant will possess the following responsibilities: 

  • Interact with asset management companies, schedule and conduct portfolio manager interviews, and write meeting notes
  • Conduct quantitative and qualitative due diligence on investment strategies, which include preparing and presenting recommendations to our investment committee
  • Write commentaries for investment strategies; the commentaries will cover investment team, process, performance, portfolio positioning and outlook
  • Write talking points for the team to use during their quarterly investment review calls with institutional clients; talking points will cover quantitative and qualitative issues for investment strategies and performance attribution
  • Support the team’s recurring target date, stable value, and money market analyses and present to our investment committee
  • Maintain a schedule for portfolio manager interviews for the team and maintain the team’s due diligence files
  • Follow news and regulatory filings on investment strategies
  • Provide insights and analyses on retirement industry trends
  • Ad hoc requests such as participating on investment review calls with institutional clients

Qualifications

  • Bachelor’s degree in finance, economics, mathematics, statistics, or a related field
  • Three to ten years of experience in analyzing mutual funds or other investment vehicles
  • Understanding of defined contribution plans and advanced knowledge of investment-oriented databases (e.g., Morningstar Direct) strongly preferred
  • Excellent written, verbal, and interpersonal communication skills
  • Superior skills in organization, time management, prioritization, research, team collaboration, and self-motivation
  • Demonstrated passion for investing and the retirement industry
  • Progress towards CFA or similar designation preferred
  • Series 7 and 66 Licenses required within one year of start date
  • Must be willing/able to commute to office in River North

Apply Online

About the Position

As a Senior Vice President in Callan’s Alternatives Consulting group, you will provide senior leadership to the Alternatives Consulting team and work collaboratively with Callan’s institutional clients and consultants to
implement diversifying assets portfolios, including hedge funds (funds-of-funds and direct multi-strategy funds); multi-asset class (MAC) strategies; insurance-linked securities; and other niche diversifiers. You will report to
the Head of Alternatives Consulting.


What’s unique about this role?
Your primary focus will be developing a comprehensive and collaborative approach to sourcing, evaluating, and monitoring attractive diversifying asset strategies for Callan’s institutional investor clients; maintaining research on a subset of diversifying asset strategies; and assisting clients with portfolio construction. Your secondary focus will be supporting client relationships and contributing to new business development as it relates to hedge funds and diversifying assets.
Duties and functions include, but are not limited to:

Team Leadership

  • Provide senior leadership and oversee delegation of responsibilities across team members to ensure the timely completion of tasks and client deliverables
  • Provide guidance and mentorship to junior team members, and help recruit new employees as needed
  • Lead weekly Diversifying Assets research team meetings
  • Represent the Diversifying Assets research team with Callan consultants

Strategic Planning

  • Develop portfolio construction strategy to allocate across various Diversifying Assets sectors based on the relative attractiveness and risk profile of the opportunity set
  • Assess the current market environment and industry trends to help guide Diversifying Assets portfolio implementation
  • Write appropriate investment policy statement language for the Diversifying Assets asset class
  • Present strategic recommendations to Callan clients

Manager Sourcing and Due Diligence

  • Collaborate with other research team members to conduct comprehensive due diligence on prospective fund investments, including funds-of-funds and direct funds
  • Coordinate and lead manager meetings and post meeting notes to Callan’s internal database on a timely basis
  • Work with analyst(s) to produce quantitative analysis of strategies under consideration
  • Compile due diligence reports and recommendation memos and present to internal Callan committees and clients

Monitoring

  • Review performance and risk measurement and qualitative monitoring reports with clients, utilizing Callan’s proprietary tools as well as third-party applications
  • Work with hedge fund analyst(s) to maintain Callan’s proprietary hedge fund performance peer group and database using Callan proprietary monitoring tools
  • Attend regular manager meetings for assigned managers and post summary notes to Callan’s internal database

Research and Education

  • Create and deliver education presentations for Callan Institute webinars and presentations
  • Compile a quarterly Hedge Fund Monitor to review industry trends, strategy performance, and asset flows, and discuss during quarterly webinars
  • Contribute to topical research pertaining to diversifying assets related topics of interest for clients and fund sponsor consultants in Callan regional offices

Marketing/Business Development

  • Identify new business prospects and develop collateral for introductory meetings
  • Represent Callan at industry conferences to promote the group’s visibility and establish connections with industry participants
  • Review RFP submissions and assist with drafting language relating to diversifying assets

Contribute Positively to Callan Corporate Culture

  • Work constructively with colleagues in the group and across the broader organization
  • Utilize Callan’s internal committees to ensure client recommendations and deliverables are of consistently high quality
  • Assist with requests from Callan consultants

Minimum Qualifications

Over 10 years of demonstrated experience in hedge fund and other diversifying assets research, strategic planning, and portfolio construction, in an investment management or institutional advisory capacity, with an emphasis on leading research processes and supporting client relationships. CFA and/or CAIA preferred.

Compensation and Benefits:


Callan offers a generous compensation and benefits package, including base salary, bonus, 401(k) matching, profit sharing, health/medical, tuition assistance, and more. Being employee-owned, Callan is committed to
giving long-term successful professionals an opportunity to become equity partners in the firm.

About Callan

Founded in 1973, Callan is a one of the largest employee-owned investment consulting firms in the U.S., with more than $2 trillion in assets under advisement. We provide thoughtful, research-driven advice to large
institutional investors including pension and defined contribution plans, endowments, foundations, insurance companies, and health care organizations. Because we are independently owned and not beholden to outside shareholders, we help raise the industry standard by orienting everything we do around our clients’ goals. Callan has 200 employees and is headquartered in San Francisco with five additional offices throughout the
U.S. Learn more about us at www.callan.com.

Please email a cover letter and resume referencing “Sr. VP, Alternatives Consulting” to hr@callan.com.


Callan LLC is an equal opportunity employer.

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