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Northern Trust Corp.

Vice President, Alts Advisory Practice

Northern Trust Corp., Chicago, Illinois, United States, 60290


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.

JOB DESCRIPTION:The Alternatives Advisory Practice sits within Northern Trust Asset Management and works closely with Northern’s $140B Global Family Office practice to provide customized Private Investments and Hedge Fund solutions. The team collaborates on investment and operational diligence with 50 South Capital, a boutique alternatives provider within Northern Trust that has over $14.1 billion in assets.

The Alternatives Advisory Practice is seeking to add a professional in the Chicago headquarters to be part of a team that will review, analyze, and source investments across the alternatives space. This includes Private Investments (buyout, growth equity, venture capital, private credit) and Hedge Funds in both in US and Europe. In addition, this individual would be responsible for monitoring legacy portfolios, structuring and implementing bespoke alternatives portfolios for clients. This individual would also be responsible for assisting in new business efforts, portfolio monitoring, and other special projects.

Key Responsibilities:

Analyzing potential private fund investment opportunities (buyout/growth, venture, credit, real assets) and hedge funds; this includes evaluating track records, strategies, and teams, and making a recommendation on whether clients should invest.

Identifying and cultivating relationships with fund managers in the U.S. and Europe in order to position Northern Trust for investment; this potentially involves travel primarily within the US, and to a lesser extent certain European countries.

Conducting general research across private markets, identifying trends, and developing investment theses.

Monitoring the existing fund portfolios and developing insights into fund performance.

Collaborating in client servicing efforts, portfolio implementation, and strategy development.

Assisting with special projects as needed, such as writing industry white papers and compiling ad hoc reports.

Qualifications:

Strong analytical and judgment skills with ability to assess both the quantitative and qualitative aspects of an investment.

Ability to represent the group before investors, other LPs, fund managers, placement agents, attorneys and leverage providers.

Excellent interpersonal skills, ability to work in a collegial, team-oriented environment.

Strong communication skills, both oral and written.

High attention to detail and a strong work ethic.

Knowledge about the private investments industry (as well as hedge funds), deal structures, and various participants in the private credit ecosystem.

Understanding of private fund investments (as well as hedge funds), portfolio construction and fund leverage/cash management.

Intellectual curiosity and humble approach to investing.

Highly proficient in Word, Excel and PowerPoint.

Experience:

Undergraduate degree required, MBA highly preferred.

5-10 years of work experience, preferably in private equity, private credit/lending, investment banking, consulting or other alternatives asset management; direct principal investing experience a plus.

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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