Head of Private Credit
Head of Private Credit
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$ 225000 - 350000
1 Vacancy
Job Description
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
Role Summary
50 South Capital is seeking to add a senior investment professional in their Chicago headquarters to be part of a growing investment team primarily to source diligence execute and monitor private credit fund commitments. This senior individual will contribute to investment decision making across all of 50 South Capitals funds and strategies including primaries secondaries coinvestments and private credit. In addition this individual will be responsible for assisting in designing new private credit offerings fundraising efforts portfolio monitoring and other special projects. The selected candidate will exhibit strong investment analytics as well as strong interpersonal skills and leadership skills. We are seeking candidates with excellent academic achievements 12 years of relevant industry experience and advanced skills in investment analytics business writing and presenting.
Primary Duties and Responsibilities
Lead the private credit team and private credit focused investment offerings
Source and analyze potential investment opportunities across the private credit universe. This includes evaluating track records strategies and teams.
Communicating thoughts and opinions on firms and companies in a succinct effective way including identifying the key strengths and risks for each opportunity and determining how certain information will be presented.
Participating in meetings with clients and potential investors to discuss Northern Trust credit capabilities and fund solutions.
Participating in the preparation of diligence materials as well as assisting with the creation of investment committee memorandums.
Staying current with the general overall performance of our investments participating in the creation and presentation of materials for quarterly portfolio reviews.
Partner with credit team to develop maintain and proactively cover a targeted list of active and prospective fund managers via pipeline management primary research and profile building.
Maintaining an ongoing dialogue and relationship with targeted private credit firms including attendance in update calls inperson meetings and annual meetings. The position requires travel.
Representing 50 South Capital in an exemplary fashion to external industry participants in order to develop the Firms brand reputation in the market.
Necessary Experience Education Knowledge and Skills
12 years working in alternative investments with focused private credit experience.
Bachelors degree with a major in business finance accounting economics or related field (MBA highly preferred).
Deep subject matter expertise across alternative investment strategies with a focus on private credit.
Establish and maintain relationships within the private credit manager community.
Clientfacing experience and ability to represent 50 South Capital and Northern Trust Asset Management to the LP GP and service provider community.
Active listener who can understand clients specific needs.
Exceptional collaborator and teamminded professional; driven by integrity and excellence.
Robust communication and presentation skills. Ability to educate and translate complex and/or technical concepts in an understandable manner to a range of audiences.
High attention to detail and a strong work ethic.
Intellectually curious and humble approach to investing.
Entrepreneurial mindset and selfstarter who can bring structure and process to these efforts.
Salary Range:
$225000 to $350000 USDSalary 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 wellbeing 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.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .
We hope youre 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.
Required Experience:
Director
Employment Type
Full-Time
