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Portfolio Construction Jobs (NOW HIRING)

Portfolio Analyst

Chicago, IL · On-site

$114K - $194K/yr

Support portfolio rebalancing, transitions, and ongoing portfolio construction activities across multiple asset classes. * Portfolio Monitoring & Risk Oversight * Monitor portfolio allocations ...

Portfolio Analyst

Berwyn, PA · On-site

$64K - $105K/yr

The role provides significant exposure to investment research, portfolio construction, and strategy implementation, offering a direct pathway for career development within the Investment Research ...

The role provides significant exposure to investment research, portfolio construction, and strategy implementation, offering a direct pathway for career development within the Investment Research ...

The role provides significant exposure to investment research, portfolio construction, and strategy implementation, offering a direct pathway for career development within the Investment Research ...

The role provides significant exposure to investment research, portfolio construction, and strategy implementation, offering a direct pathway for career development within the Investment Research ...

Role Overview The Senior Portfolio Analyst role puts you at the intersection of quantitative research, portfolio construction, and live investment decision-making. You'll own critical parts of the ...

Portfolio Analyst

Chicago, IL · On-site

$114K - $194K/yr

Support portfolio rebalancing, transitions, and ongoing portfolio construction activities across multiple asset classes. * Portfolio Monitoring & Risk Oversight * Monitor portfolio allocations ...

Portfolio Analyst

Chicago, IL · On-site

$114K - $194K/yr

Support portfolio rebalancing, transitions, and ongoing portfolio construction activities across multiple asset classes. * Portfolio Monitoring & Risk Oversight * Monitor portfolio allocations ...

Educate clients on investment philosophy, portfolio construction, and investment processes, including conducting Investment Policy Statement (IPS) meetings and portfolio reviews. * Perform investment ...

This key role will also collaborate in helping manage broad and/or specific aspects of portfolio construction related to the external mandates in public equities and core fixed income.

This key role will also collaborate in helping manage broad and/or specific aspects of portfolio construction related to the external mandates in public equities and core fixed income.

Showing results 41-60

Portfolio Construction information

See salary details

$43.5K

$87.7K

$119.5K

How much do portfolio construction jobs pay per year?

As of Aug 17, 2026, the average yearly pay for portfolio construction in the United States is $87,666.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,000.00 and $100,500.00 per year, depending on experience, location, and employer.

What is portfolio construction?

A Portfolio Construction job involves designing and managing investment portfolios to achieve specific risk and return objectives. Professionals in this role analyze asset allocation, diversification strategies, and market conditions to optimize portfolio performance. They work with financial models, quantitative tools, and investment theories to balance risk while maximizing returns. This role is common in asset management firms, hedge funds, and financial institutions, supporting investment decision-making. Strong analytical skills, financial expertise, and knowledge of market trends are essential for success in portfolio construction.

What are the typical daily responsibilities of someone working in portfolio construction?

Professionals in Portfolio Construction spend their days analyzing financial data, assessing risk-return profiles, and selecting asset allocations to build balanced portfolios for clients or institutions. Tasks include running portfolio optimization models, rebalancing portfolios in response to market changes, and collaborating closely with investment analysts, relationship managers, and risk teams. They also research new investment products and monitor ongoing performance against benchmarks. This role often involves preparing reports and presentations to communicate recommendations to clients or senior management. Being detail-oriented and able to interpret complex market trends are essential for success in these daily activities.

What are the key skills and qualifications needed to thrive in portfolio construction, and why are they important?

To thrive in Portfolio Construction, you need strong analytical skills, a solid background in finance or investment management, and proficiency in quantitative modeling. Familiarity with portfolio management software (such as Bloomberg PORT or MSCI Barra), advanced Excel skills, and relevant certifications like the CFA are highly valuable. Attention to detail, effective communication, and strategic thinking are important soft skills in this role. These abilities enable you to design, optimize, and manage diversified portfolios that align with client objectives and regulatory requirements.

More about Portfolio Construction jobs

What states have the most Portfolio Construction jobs?

States with the most job openings for Portfolio Construction jobs include:

Infographic showing various Portfolio Construction job openings in the United States as of August 2026, with employment types broken down into 92% Full Time, 6% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $87,666 per year, or $42.1 per hour.

Portfolio Analyst

Northern Trust

Chicago, IL • On-site

$114K - $194K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago


Northern Trust rating

8.2

Company rating: 8.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz


Job description

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.
Role Overview:
The Portfolio Analyst will play a critical role in the implementation, monitoring, and ongoing management of multi-asset investment strategies across institutional and high-net-worth client portfolios. This individual will work closely with portfolio managers, quantitative researchers, and risk teams to translate research insights into scalable, compliant, and efficient portfolio outcomes across a broad multi-asset platform.
Key Responsibilities:
  • Portfolio Implementation & Execution
    • Lead the implementation of research-driven investment ideas across institutional and high-net-worth client accounts.
    • Support portfolio rebalancing, transitions, and ongoing portfolio construction activities across multiple asset classes.
  • Portfolio Monitoring & Risk Oversight
    • Monitor portfolio allocations, exposures, and risk metrics; proactively identify and escalate risks or implementation issues.
    • Assist in day-to-day portfolio management across the broader multi-asset platform, ensuring alignment with stated objectives and constraints.
  • Research & Investment Support
    • Conduct multi-asset research projects to identify new investment ideas, asset allocation themes, and risk management enhancements.
    • Translate qualitative and quantitative research insights into actionable portfolio recommendations.
  • Process Improvement & Technology Collaboration
    • Collaborate with quantitative researchers and investment technology teams to enhance trading, implementation, and portfolio monitoring processes.
    • Contribute to continuous improvement of tools, workflows, and data infrastructure supporting the investment process.
  • Governance, Compliance & Client Stewardship
    • Work closely with Legal and Compliance to ensure adherence to all regulatory, contractual, and fiduciary requirements related to client portfolios, investment processes, and reporting.
    • Support new product launches by providing subject-matter expertise on portfolio construction, implementation feasibility, and operational readiness.
  • Independent Ownership & Expertise
    • Operate independently with in-depth knowledge of the multi-asset investment platform and business unit.
    • Serve as a subject-area expert, providing comprehensive analysis and guidance to stakeholders across investments, risk, sales, and product teams.

Required Knowledge & Skills:
  • Strong understanding of strategic and tactical asset allocation, portfolio construction, and multi-asset risk management.
  • Excellent analytical skills with the ability to synthesize qualitative judgment and quantitative analysis into clear investment recommendations.
  • Programming proficiency in Python and SQL.
  • Familiarity with institutional investment and data platforms such as Aladdin, Databricks, Snowflake, Bloomberg, ArcherIMS
  • Strong communication skills and ability to collaborate across investment, technology, and control functions.

Experience & Qualifications
  • Minimum 4+ years of relevant industry experience, preferably within a multi-asset, fixed income or equity portfolio analyst, implementation, or investment strategy role.
  • Graduate degree in Financial Engineering, Finance, Economics, or a related quantitative field.
  • Experience supporting institutional or high-net-worth client portfolios strongly preferred.

Salary Range:
$114,500 - 194,700 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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 MyHRHelp@ntrs.com.
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.

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