27 days old

Investment Associate

Northern Trust
Miami, FL 33128
  • Job Code

The key responsibilities of the role include:

Responsible for ensuring that materials are prepared for account review meetings with clients. Sets-up files on client accounts, orders reports, processes physical stock, bond certificates, completes DTC transfers, and works with portfolio managers on client requests.

Ensures that portfolio materials are prepared for account review meetings with clients. Retrieves reports, desired by portfolio managers or requested by clients, off the EDS, PIMS, IMS, and PAS systems.

Sets-up files with account documentation for existing or new clients (i.e., involving automatic payment, pledging securities, address changes, statement addresses, investment guidelines, fees, etc.).

Orders reports for portfolio managers or clients as requested.

Communicates with clients and portfolio managers on client requests. (Ensures that portfolio managers follow-up with client requests).

Interacts with partners, primarily administratively, on a daily basis to receive and communicate information on all aspects of a client relationship or portfolio.

Assists with the Goals Driven Wealth Management process, by inputting or updating client information on an ongoing basis.

Attends Investment and Goals Driven Related calls, to help keep the local investment team updated on the latest guidance.

Assists with the development of investment proposals by taking inventory of a prospect's current assets and associate may help set up proposed investment portfolios.

Works with the tax area to research discrepancies and oversee adjustments on client accounts regarding tax cost issues.

Responds to client inquiries for account information or to initiate transactions requested by the client (i.e., re-register gift stock, remit proceeds, sell gifts, etc.). Processes physical stock/bond certificates and completes DTC transfers.

Follows-up with client on inquiries via the telephone or written correspondence.

Processes client cash transfer requests. Determines if funds are available in the investment account. Contacts portfolio manager if cash needs to be raised.

Processes fund trades via CIT or all-in-one bank applications by established deadlines.

Reviews and analyzes fee worksheets to ensure that fees are calculated appropriately.

The successful candidate will benefit from having:

1-3 years of investment or personal trust client servicing experience.

Knowledge of investment products, services, and terminology, usually obtained through on the job training, are needed to prepare material for client meetings.

Analytical and organizational skills are needed to meet meeting deadlines and solve client or administrative problems.

Personal computer and system application skills are needed to prepare presentation materials.

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

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 we are honored to receive the following awards in 2021:

Gender Equality Index Member, Bloomberg

Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us and apply today.

Additional Information

Posted: 2021-04-14 Expires: 2021-05-13
Sponsored by:
ADP Logo
Sponsored by:
Bank of America Logo

Featured Jobs[ View All ]

Featured Employers

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Investment Associate

Northern Trust
Miami, FL 33128

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast