Equity Portfolio Manager

## Equity Portfolio Manager Apply:
Chicago, IL:
Full time:
Posted Today:
R161765
** About Northern Trust
** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.  Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.  With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

** Primary Responsibilities
**** Portfolio Management & Implementation
*** Manage a range of equity index portfolios, collective investment funds, ETFs, and separately managed accounts.
* Maintain portfolios within client guidelines, prospectus requirements, regulatory constraints, and internal risk parameters.
* 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.
* Monitor portfolio exposures, risk characteristics, and performance attribution to identify opportunities for enhancement.
** Index & Market Event Management
*** Lead portfolio implementation for index reconstitutions, corporate actions, mergers, spin-offs, IPOs, deletions, rights offerings, and other benchmark events.
* Evaluate implementation alternatives and trading strategies to minimize market impact and transaction costs.
* Partner with traders and research teams to determine optimal execution approaches for complex events.
** Technology & Process Innovation
*** Utilize portfolio management and trading platforms, including Aladdin and related analytics tools, to support portfolio construction and oversight.
* Identify opportunities to improve scalability, automation, operational controls, and investment processes.
* Participate in strategic technology initiatives designed to enhance portfolio management capabilities and operational efficiency.
* Leverage data, analytics, and automation tools to improve investment outcomes and risk monitoring.
** Risk Management & Oversight
*** Monitor portfolio risk exposures, benchmark alignment, liquidity, and operational risks.
* Ensure compliance with client mandates, investment guidelines, tax requirements, and regulatory obligations.
* Investigate performance differences, implementation shortfalls, and process exceptions and develop corrective actions when needed.
* Contribute to governance, control, and operational risk frameworks supporting the index business.
** Client & Business Development Support
*** Partner with relationship managers, consultants, and sales teams to support client meetings, due diligence reviews, and prospective opportunities.
* Articulate Northern Trust's index investment philosophy, portfolio construction approach, implementation capabilities, and performance results.
* Contribute to product development initiatives and the design of new index and ETF solutions.
* Support Requests for Proposal (RFPs), investment reviews, and client reporting discussions.
** Qualifications
* *** Required
* ** 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…