Northern Trust

Associate High Yield Portfolio Manager

Northern Trust

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

We are seeking an experienced and dynamic Associate High Yield Portfolio Manager to join our Northern Trust team. In this role, you will help to manage high yield portfolios in accordance with the investment objectives and strategies of our clients. If you are a highly motivated professional with financial expertise and a passion for making a positive impact, then this position may be the right fit for you!To succeed as our Associate High Yield Portfolio Manager, you must have strong analytical and quantitative skills, along with a deep understanding of fixed income markets, including high yield. Additionally, you should be a highly organized and detail-oriented individual with excellent communication and problem solving skills. A Bachelor’s degree in finance, economics, accounting, or a related field is required. An MBA, CFA, or related advanced degree is preferred. If you think you have the necessary qualifications and passion to take on this exciting role, we’d love to hear from you!

Responsibilities:

  1. Manage high yield portfolios in accordance with investment objectives and strategies of our clients.
  2. Analyze financial data to identify trends and opportunities in the fixed income markets, including high yield.
  3. Provide research and analysis to assess portfolio performance and make recommendations on investment strategies.
  4. Monitor and analyze market conditions and trends to identify potential investment opportunities.
  5. Develop and maintain relationships with clients to ensure their needs are met.
  6. Stay up-to-date on financial regulations and industry best practices.
  7. Prepare financial reports and presentations to communicate results and recommendations.
  8. Collaborate with team members to ensure portfolio objectives are achieved.
  9. Manage portfolio risk within established parameters.
  10. Review and approve all transactions related to the portfolio.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Organizational And Time Management Skills

  • Investment Management Experience

  • Cfa Or Other Relevant Qualifications

  • Understanding Of High Yield Securities

  • Ability To Identify And Evaluate Risk

  • Analytical And Problem Solving Skills

  • Strong Communication And Interpersonal Skills

  • Knowledge Of Financial Regulations

Required Skills
  • Research

  • Communication

  • Management

  • Negotiation

  • Compliance

  • Trading

  • Analysis

  • Monitoring

  • Performance

  • Risk

  • Structuring

  • Credit

  • Portfolio

  • Investment

  • Creditworthiness

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Associate High Yield Portfolio Manager in Chicago, IL, USA is $100,000 - $170,000 per year.

Additional Information
Northern Trust is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 10th, 2023
Apply BeforeMay 22nd, 2025
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About Northern Trust

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.

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