Portfolio Manager Jobs in Illinois
Portfolio Manager jobs in Illinois are in steady demand, concentrated in investment management, wealth advisory, and institutional finance, with openings at every level from junior analyst-to-manager pathways through senior and principal roles. Chicago anchors the market as one of the most active hiring metros in the country, while Schaumburg and Naperville host a meaningful share of suburban corporate and insurance-sector roles. Well-established Illinois employers with consistent portfolio manager hiring include Northern Trust, Morningstar, and Allstate, and the most sought-after specialties are fixed income, equity, and multi-asset portfolio management. Find a role that fits below and apply directly.
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Description
Job Overview:
As a Community Association Manager - Portfolio, you’ll provide strong leadership and management direction on behalf of the Board of Directors and FirstService Residential. You'll serve as a liaison to assigned communities, enhance communication, enforce legal compliance, and oversee operations of the association and staff management.
This role reports to our Hoffman Estates corporate office, overseeing a portfolio of associations in the western suburbs of Chicago. This portfolio includes properties in townships near Plainfield, Oak Lawn, Naperville, Willowbrook, and St. Charles; and may require regular on-site presence for board meetings and inspections.
Your Responsibilities:
- Develop recommendations for community goals and lead action plans to achieve Board objectives.
- Provide community leadership and guidance to ensure that the needs or desires of the homeowners are being addressed.
- Cultivate relationships with Board members through regular systematic communication (in-person, email, and telephone) to ensure individual client needs are exceeded.
- In partnership with the Board, create and implement the annual working budget. On a monthly basis, monitor and report on the financial position of the association.
- Ensure due diligence for the protection of client’s funds, property, and assets against all reasonably foreseeable contingencies or losses.
- Provide leadership to each meeting involving the Board of Directors in terms of agenda support and written and oral reports. Summarize the priorities of each meeting with appropriate follow up.
- Maintain a level of service excellence in all interactions with residents, vendors, staff, and colleagues with knowledge and enforcement of the Community Governing Documents.
- Assess and monitor community needs: identify opportunities for improving service delivery methods and procedures and developing new programs. Select and collaborate with external vendor partners to implement programs or improvements.
- Recruit, hire, train, and supervise all community staff in accordance with the documented management plan. Evaluate and make recommendations for efficient and effective support of the community.
- Work closely with local emergency organizations to maintain established emergency and community evacuation plans as appropriate.
- In accordance with the Illinois Condo Act and FirstService Residential policies, comply with all codes and regulatory requirements for the property, including assessing and correcting any violations received by various regulatory agencies.
Skills & Qualifications:
- Active Community Association Manager license in the state of Illinois.
- Understanding of physical building management, Condominium law, financial planning, and law affecting property management.
- Works effectively with coworkers, clients, customers, and others by sharing ideas in a constructive and positive manner; addresses problems and issues constructively to find mutually acceptable and practical business solutions.
- Possess budgetary knowledge and control for the purpose(s) of executing programs within the community as well as related activities that may be cost-shared for the benefit of the community.
- Must possess a high energy attitude and an ability to multi-task/prioritize different projects at any given time.
- Superior oral and written communication skills.
- Portfolio management experience or equivalent professional experience in a related field strongly preferred.
Supervisory Responsibilities:
- Supervise management office and association staff members. Where applicable, association staff may be members of local unions.
What We Offer:
As a full-time associate, you will be eligible for full comprehensive benefits including your choice of multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance. You will also be eligible for company-paid life insurance and benefits from our employee assistance program. In addition, you will be eligible for paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.
Compensation:
$ 70000 - $ 85000 / year
Disclaimer Statement
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties and responsibilities to this job at any time.
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Automated Employment Decision Tool (AEDT) Usage: We may utilize an Automated Employment Decision Tool (AEDT) in connection with the assessment or evaluation of candidates. The AEDT is designed to assist in objectively evaluating candidate qualifications based on specific job-related characteristics.
Job Qualifications and Characteristics Assessed: The AEDT evaluates candidates based on job qualifications and characteristics pertinent to the role, including skills, experience, and competencies relevant to the position requirements. These qualifications are determined by the unique needs of each role within our company.
Alternative Selection Process or Reasonable Accommodations: Candidates who require an alternative selection process or a “reasonable accommodation,” as defined under applicable disability laws, may make a request through our designated contact channel national_recruiting@fsresidential.com.
Requesting Information About the AEDT - NYC Local Law 144: Candidates who reside in New York City and are subject to NYC Local Law 144 may request information about the AEDT, including details on the type of data collected, the sources of such data, and our data retention policies. To submit a request, please contact us at national_recruiting@fsresidential.com; we will respond in accordance with Local Law 144, within 30 days.
See All 59 Portfolio Manager Jobs in Illinois
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Find Portfolio Manager JobsPortfolio Manager Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Portfolio Manager Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Technology & Software
- Investment & Asset Management
- Insurance
- Biotechnology & Pharmaceuticals
What Illinois Employers Look For
The qualifications that appear most often in portfolio manager jobs across Illinois.
- CFA designation or active progress toward CFA charterholder status required
- Bachelor's degree in finance, economics, or a related quantitative field
- Demonstrated experience managing investment portfolios or model-driven strategies
- Proficiency with Bloomberg, FactSet, or comparable institutional portfolio analytics platforms
- Series 65 or Series 66 license required or expected within a defined period
- Strong written communication skills for client reporting and investment committee presentations
Portfolio Manager Jobs in Illinois: Frequently Asked Questions
How do you become a portfolio manager in Illinois?
Most portfolio managers in Illinois follow a path that starts with a finance, economics, or accounting degree, then moves through analyst or associate roles at asset managers, banks, or insurance firms. Illinois does not issue a state-specific portfolio manager license, but the CFA designation is the de facto professional credential in the field. Advisers who manage client accounts directly typically need a Series 65 or Series 66 license, registered through FINRA and the Illinois Securities Department.
Which companies hire portfolio managers in Illinois?
Employers hiring portfolio managers in Illinois right now include Northern Trust, FirstService Residential, and Wintrust Financial Corporation, based on current listings on Migrate Mate as of November 2026. Illinois's density of asset managers, insurance carriers, and Fortune 500 treasury functions in and around Chicago makes it one of the deeper hiring markets for this role in the Midwest.
Which Illinois cities have the most portfolio manager jobs?
Chicago, Rosemont, and Deerfield account for the largest share of portfolio manager openings in Illinois. Chicago drives the majority of postings given its concentration of asset management firms, bank trust departments, and institutional investors, while suburban locations like Schaumburg and Naperville reflect the significant insurance and corporate treasury operations headquartered along the I-90 and I-88 corridors.
Are there remote portfolio manager jobs in Illinois?
Yes, and more than many finance roles, because portfolio management is fundamentally an analytical and desk-based function. About 65% of portfolio manager openings tied to Illinois are remote or hybrid as of November 2026, reflecting the flexibility that comes with roles centered on research, modeling, and client reporting. Hybrid arrangements are most common in institutional investment management, while roles that involve direct client relationship management tend to require more in-office presence.
How can I get hired as a portfolio manager in Illinois with little or no experience?
The most realistic entry path is through an investment analyst or research associate role at an Illinois-based asset manager, bank wealth division, or insurance company. Firms like Northern Trust and Nuveen run structured analyst development programs that move associates toward portfolio management responsibilities over time. Candidates without experience gain an edge by completing CFA Level I, building a simulated portfolio with documented rationale, and targeting Illinois community banks or regional RIAs where analyst-to-manager timelines are shorter than at large institutions.
Where can I find and apply to portfolio manager jobs in Illinois?
You can find and apply to portfolio manager jobs in Illinois on Migrate Mate, which lists current Illinois openings across investment management, wealth advisory, insurance, and corporate treasury. Find a role that fits and apply directly from the listing.
See All 59 Portfolio Manager Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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