Head of Multi-Manager Investment Solutions

Northern Trust - Chicago, IL

Hiring: Head of Multi-Manager Investment Solutions Company: Northern Trust Location: Chicago, IL Job Posted Time: 2026-09-16 18:47:42 Target Skills & Keywords : CFA, CPT, Fixed Income, Risk Management, Wealth Management About the job Experience: •135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. •15+ years of experience in multi‑manager investing, manager research, OCIO, investment consulting, or institutional asset allocation with senior investment leadership responsibility. Required Skills: •The Head of Multi‑Manager Investment Solutions platform supports NTAM’s OCIO and Wealth Management businesses and spans ~300 investment strategies across more than 65 sub‑asset classes, sourced from over 150 specialist asset managers globally. •The Head of Multi‑Manager Investment Solutions sets research priorities, ensures disciplined and repeatable investment decision‑making, and provides senior investment judgment across the full external‑manager lifecycle—from initial sourcing and approval through implementation and ongoing monitoring. •Serve as the senior investment authority for NTAM’s Multi‑Manager platform, with accountability for external manager selection and oversight. •Own and govern the end‑to‑end external manager lifecycle, including sourcing, screening, qualitative and quantitative evaluation, investment‑committee 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 high‑intensity research agenda encompassing more than 750 manager meetings annually, disciplined hiring and termination decisions, and periodic deep‑dive 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 multi‑manager funds while maintaining independent, fiduciary‑minded judgment. Qualifications: •Comprehensive expertise in public and private markets, portfolio construction, manager evaluation, and risk management across asset classes. •Demonstrated experience leading disciplined investment governance and committee‑based decision processes. •Strong written and verbal communication skills, with experience presenting to senior investment committees, boards, and sophisticated clients. •Bachelor’s degree required; advanced degree (MBA or equivalent) and CFA charter strongly preferred. Compensation: •$205,700 - $360,100 / year •Competitive benefits and rewards package Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!