Equity Portfolio Manager

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 137,400 - 233,600 annuallyFunction: Capital Markets, Trading & QuantExperience: 5+ yearsEducation: bachelorsSkills: ["Analytical thinking","Problem-solving","Attention to detail","Communication","Decision-making"]

Manage equity index portfolios, collective investment funds, ETFs, and separately managed accounts, ensuring portfolios meet client guidelines, prospectus requirements, regulatory constraints, and risk parameters. Own daily implementation work (cash equitization, rebalances, benchmark changes, corporate actions, transitions, and cash flows), drive benchmark and tracking-error improvements, and support index/market event implementation. Use Aladdin and analytics tools to optimize execution, risk monitoring, and operational efficiency while partnering with traders, research, and client-facing teams.

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FursaFursa
Northern Trust
Northern Trust
5 hours ago

Equity Portfolio Manager

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Job Summary

Manage equity index portfolios, collective investment funds, ETFs, and separately managed accounts, ensuring portfolios meet client guidelines, prospectus requirements, regulatory constraints, and risk parameters. Own daily implementation work (cash equitization, rebalances, benchmark changes, corporate actions, transitions, and cash flows), drive benchmark and tracking-error improvements, and support index/market event implementation. Use Aladdin and analytics tools to optimize execution, risk monitoring, and operational efficiency while partnering with traders, research, and client-facing teams.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Manage a range of equity index portfolios, collective investment funds, ETFs, and separately managed accounts within client, prospectus, regulatory, and risk constraints.
  • •Oversee daily portfolio implementation activities including cash equitization, corporate actions, rebalances, benchmark changes, account transitions, and large cash flows.
  • •Drive improvements in tracking error, portfolio efficiency, implementation costs, and benchmark alignment, and monitor exposures, risk characteristics, and performance attribution.
  • •Lead index and market event implementation for items such as index reconstitutions, corporate actions, mergers, spin-offs, IPOs, deletions, rights offerings, and other benchmark events.
  • •Support clients and business development by partnering with relationship managers, consultants, and sales teams for meetings, due diligence, RFP support, and investment reviews.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually
Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife Insurance

Key Requirements

  • •5+ years of experience in equity index portfolio management, portfolio implementation, trading, or a closely related investment function.
  • •Strong understanding of equity markets, benchmark construction methodologies, and index replication techniques.
  • •Experience managing portfolios through corporate actions, index rebalances, and benchmark transitions.
  • •Analytical and problem-solving capabilities with exceptional attention to detail.
  • •Bachelor’s degree in Finance, Economics, Mathematics, Engineering, Data Science, or a related field.
Experience:5+ yearsAsset managementETFsEquity index portfoliosPortfolio implementationCorporate actionsTrading
Education:Bachelor's
Skills:Analytical thinkingProblem-solvingAttention to detailCommunicationDecision-making
Certifications:CFA
Tech Stack:AladdinPythonSQLVBA

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
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Glassdoor: 3.9
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