At a Glance
- Tasks: Manage and optimise passive fixed income portfolios for institutional clients.
- Company: Join Northern Trust, a global leader in asset management with over 135 years of experience.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Other info: Collaborative environment with mentorship opportunities and a focus on inclusivity.
- Why this job: Make a real impact in investment management while leveraging cutting-edge technology and innovation.
- Qualifications: Experience in fixed income portfolio management and strong quantitative skills required.
The predicted salary is between 80000 - 100000 £ per year.
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.
Role
Northern Trust Asset Management (NTAM) is an over a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives. The Senior Index Portfolio Manager is responsible for the management, oversight, and development of passive fixed income portfolios for institutional clients. The role combines portfolio management expertise, quantitative analysis, risk management, client engagement, and innovation to deliver investment outcomes while driving continual improvement in investment processes and technology.
Key Responsibilities
- Lead portfolio construction, implementation, risk management, and performance oversight of passive fixed income mandates
- Manage tracking error, transaction costs, benchmark alignment, and regulatory compliance
- Analyse portfolio performance, attribution, risk exposures, and portfolio optimisation opportunities
- Apply quantitative techniques and data-driven insights to improve portfolio outcomes and implementation efficiency
- Champion the use of technology, coding, automation, and AI to enhance portfolio management, monitoring, reporting, and operational resilience
- Develop analytical tools, automated workflows, and AI-enabled solutions that support investment decisions and team productivity
- Collaborate with trading, research, operations, risk, technology, and client-facing teams
- Support new product development, investment process improvements, and strategic initiatives
- Represent the investment team in client meetings, due diligence reviews, and industry engagements
- Mentor and develop junior portfolio managers and analysts
Skills & Qualifications
- Extensive experience managing passive fixed income portfolios
- Deep understanding of fixed income markets, portfolio construction, benchmark management, and risk analytics
- Strong quantitative and analytical capabilities with experience in portfolio optimisation techniques
- Proficiency in Python, SQL, or similar programming languages, with a demonstrated ability to develop investment tools and automation solutions
- Experience leveraging AI, data science, and technology to improve investment processes and scalability
- Excellent communication and stakeholder management skills
- Strong leadership, coaching, and collaboration capabilities
- Sound understanding of regulatory, compliance, and governance requirements
- CFA preferred
Education
Degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or a related discipline
Work Authorization
Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment. Please note that Northern Trust is unable to provide visa sponsorship for this role.
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 committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
Senior Index Portfolio Manager, Fixed Income - Asset Management employer: Northern Trust Corp
Northern Trust Corp. is an excellent employer, offering a dynamic work environment in Greater London that encourages innovative thinking and flexibility. Employees benefit from a strong commitment to community service, alongside ample opportunities for professional growth within the Asset Management sector. Joining our team means being part of a stable organization that values resilience and collaboration, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Index Portfolio Manager, Fixed Income - Asset Management
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Northern Trust Corp. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Index Portfolio Manager, Fixed Income - Asset Management
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Northern Trust Corp.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Northern Trust Corp's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Northern Trust Corp
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Northern Trust Corp.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Northern Trust Corp will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Northern Trust Corp employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
