Head Multi-Asset Manager

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 Overview

Northern Trust Asset Management is seeking a senior investment leader to serve as Head of Multi-Asset Manager Investments. Reporting to NTAMs Global CoChief Investment Officers this role is the senior investment authority for the firms multimanager platform with responsibility for external manager selection portfolioalignment assessment and ongoing oversight across public markets spanning equity fixed income and real asset strategies.

The MultiAsset Manager platform supports NTAMs OCIO and Wealth Management businesses and spans 300 investment strategies across more than 65 subasset classes sourced from over 150 specialist asset managers globally.

The Head of MultiAsset Manager Investments sets research priorities ensures disciplined and repeatable investment decisionmaking and provides senior investment judgment across the full externalmanager lifecyclefrom initial sourcing and approval through implementation and ongoing monitoring.

Key Responsibilities

• Serve as the senior investment authority for NTAMs MultiAsset Manager platform with accountability for external manager selection and oversight.
• Own and govern the endtoend external manager lifecycle including sourcing screening qualitative and quantitative evaluation investmentcommittee recommendations onboarding and ongoing monitoring and watchlist management.
• Establish and continuously refine research frameworks covering people philosophy process portfolio construction performance risk management fees organizational stability and operational resiliency.
• Oversee a highintensity research agenda encompassing more than 750 manager meetings annually disciplined hiring and termination decisions and periodic deepdive reviews.
• Provide senior oversight of operational due diligence in partnership with dedicated ODD professionals and internal partners (Compliance Risk Legal Operations) ensuring operational risks are appropriately assessed and incorporated into investment decisions.
• Translate manager research into actionable investment guidance for OCIO portfolios Wealth Management platforms and multimanager funds while maintaining independent fiduciaryminded judgment.
• Represent NTAM in seniorlevel discussions with external managers internal investment committees and key clients; clearly articulate conviction risks and implementation considerations.
• Lead mentor and develop a globally distributed team of investment research and operational duediligence professionals fostering a culture of intellectual rigor accountability and continuous improvement.
• Remain closely attuned to market structure evolution regulatory developments and emerging opportunitiesincluding Active ETFs custom active and taxmanaged SMAsto inform future platform positioning.

Qualifications

• 15 years of experience in multimanager investing manager research OCIO investment consulting or institutional asset allocation with senior investment leadership responsibility.
• Deep understanding of public and private markets portfolio construction manager evaluation and risk management across asset classes.
• Demonstrated experience leading disciplined investment governance and committeebased decision processes.
• Strong written and verbal communication skills with experience presenting to senior investment committees boards and sophisticated clients.
• Bachelors degree required; advanced degree (MBA or equivalent) and CFA charter strongly preferred.

Salary Range:

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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B L-1 TN O-1 E-3 H-1B1 F-1 J-1 OPT CPT or any other employment-based visa).

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.