Multi Asset Portfolio Specialist

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Location: Chicago, IL

Team: Multi-Asset Investments / Asset Allocation

Reports to: Director, Multi-Asset Investments

Position Summary

We are seeking a talented and highly motivated Multi-Asset Portfolio Specialist to join our Multi-Asset Investments team. This individual will serve as a critical link between our investment professionals, clients, and distribution partners, helping articulate our investment philosophy, portfolio positioning, market views, and portfolio construction capabilities.

The Portfolio Specialist will work closely with portfolio managers, research analysts, product teams, and client-facing professionals to communicate investment strategies, support business development efforts, and enhance the client experience. The successful candidate will possess strong investment knowledge across public and private markets, exceptional communication skills, and a passion for helping clients solve complex portfolio challenges.

Investment Strategy & Portfolio Expertise

• Develop deep expertise across the firm's multi-asset investment capabilities, including strategic asset allocation, tactical asset allocation, portfolio construction, ETF model portfolios, and risk management.
• Partner with portfolio managers and research teams to understand and communicate investment decisions, portfolio positioning, and performance outcomes.
• Translate complex investment concepts into compelling and accessible client narratives.
• Participate in investment committee discussions, portfolio reviews, and market outlook conversations.

Client & Prospect Engagement

• Present portfolio positioning, market outlooks, performance attribution, and investment process to institutional and wealth clients.
• Support requests for proposals (RFPs), due diligence questionnaires (DDQs), and client inquiries.
• Work closely with relationship managers and sales teams to identify opportunities and strengthen client relationships.

Thought Leadership & Content Development

• Develop client-facing investment commentary, market insights, white papers, presentation materials, and portfolio updates.
• Contribute to investment thought leadership across asset allocation, macroeconomics, portfolio construction, and market developments.
• Help shape messaging around evolving investment themes and strategic initiatives.

Product & Business Strategy

• Provide feedback on product development and competitive positioning based on client interactions and market trends.
• Support product launches and enhancements by developing investment narratives and client communication materials.
• Monitor industry developments, asset allocation trends, and competitor offerings.

Portfolio Analytics & Reporting

• Analyze portfolio performance, attribution, risk exposures, and implementation outcomes.
• Support development of portfolio analytics and reporting materials for internal and external audiences.
• Assist in the preparation of investment committee presentations and executive-level reporting.

Required

• Bachelor's degree in Finance, Economics, Business, Mathematics, or related field.
• 5+ years of experience in asset management, multi-asset…