Senior Index Portfolio Manager, Fixed Income Asset Management

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 worlds 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 24000 partners we serve the worlds 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. This includes Skilled Worker visas Global Business Mobility routes Graduate visas Youth Mobility Scheme High Potential Individual visas Scale-up Worker visas Temporary Worker visas and other employer-sponsored visa categories.

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 Trusts 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 or alternatively you can discuss your individual requirements with the recruiter you are working with.

Required Experience:

Manager

Employment Type : Full-Time
Experience: years
Vacancy: 1