Sr Mgr, Client Programs

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. SUMMARY Outsourced Chief Investment Officer (OCIO) business offers world-class investment management combined with program oversight, manager research, customized program design, global custody and client servicing. The OCIO group serves a global client base including: corporate pension and retirement plans, foundations, endowments, healthcare organizations and government, family office/multi-family office, not-for-profit and public funds. After carefully defining a client's return objective and risk tolerance, the OCIO team builds a customized multi-manager investment program diversified across multiple asset classes, investment managers, and styles. The result is a comprehensive investment program that increases the probability of achieving a client's investment objectives over the long-term, while seeking to minimize risk and volatility of returns over the short-term. The integrated suite of investment solutions includes: actuarial services, asset/liability studies, cash flow analysis, investment policy design, asset allocation, investment manager research and selection, program construction, program monitoring and evaluation, portfolio rebalancing, performance measurement, risk management, defined benefit and defined contribution plan management, trust and custody services, and credit services. SCOPE AND RESPONSIBILITIES The Client Investment Officer is responsible for developing investment solutions and servicing key relationships within the Retirement segment. The Client Investment Officer will work closely with company staff which may include corporate Treasurers, CFOs, and senior human resources personnel on the creation, implementation, and oversight of complex, multi-asset class, multi-manager investment programs. Services range from investment policy and asset allocation through open architecture manager search, selection and oversight, portfolio construction, implementation and continuous improvement across traditional and alternative investment strategies. SPECIFIC RESPONSIBILITIES Providing clients with investment program solutions advisory services, developing an understanding of clients' unique needs and coordinating the design, implementation and monitoring of a customized, open architecture, investment program across traditional and alternative investments to meet those needs. Communicate with clients and internal team members on a regular basis, anticipating and responding to issues and developments, researching issues and opportunities, developing new ideas, and discussing investment program solutions capabilities. Responsible for attending client meetings and presenting investment reviews and performance results on a regular basis. Coordination of asset allocation, rebalancing, manager search, portfolio construction and similar analytical exercises working closely with internal teams and team members. Coordination with dedicated pension risk strategists to build appropriate strategies for clients. Interpret economic, market and business information in order to recognize, understand and communicate market environment. Assist in new product development and marketing. Work with product, research, and marketing to develop and identify new investment ideas or opportunities. Involved in on-going marketing of our services and business development efforts Cross sell or refer company products and services to existing clients, when appropriate. Proactively advise partners of issues that may affect clients/prospects in either a positive or negative way. Display a high level of teamwork toward achieving business unit and team goals. Be a positive influence in the group. Qualifications - External NECESSARY QUALIFICATIONS 7-10+ years of investment expertise including experience with retirement plans, asset allocation and a variety of investment strategies. Ideal recent experience as CIO or senior member of team responsible for a retirement plan, head of an asset class or senior institutional investment consultant. Extensive knowledge regarding traditional and alternative investments in an open-architecture framework, as well as related issues that affect investments (economy, markets, finance). Proven success developing and delivering integrated investment services to sophisticated clients. Ability to communicate complex investment solutions to a variety of constituents with varying levels of investment knowledge. Technology orientation and proficiency is required to coordinate analysis of client portfolios and recommendations for improvements. Written and interpersonal presentation skills are important for ongoing client interaction, team engagement and new business participation. MBA/CFA/CAIA/CIMA or other relevant investment credentials preferred. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. 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 sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at . We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Created: 2024-10-19