Job Description

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.

The Investments Business Manager is a senior role embedded within the Investments organization, acting as the operational and execution lead across asset classes. The role reports directly to the Global Co-CIOs and works in close partnership across investment teams ensuring disciplined execution, scalable processes, and effective cross-functional coordination.

Key Responsibilities:

• Serve as the day-to-day business and operating lead for investment teams across asset classes (Fixed Income, Equities, Multi-Asset).
• Provide oversight of investment processes, ensuring continuous improvement, risk reduction, and scalability.
• Own prioritization and execution of the investment change agenda, including technology, data, and process initiatives.
• Accountable for driving projects to success and completion as per the businesses time, resource and budget expectations.
• Represent the Investments organization and act as the primary liaison between Investments and Technology, translating investment needs into executable requirements.
• Partner with Portfolio Managers, Traders, and Researchers on new strategy development, fund launches, and process design.
• Oversee coordination with Operations, Risk, Compliance, and Finance to ensure strong operational integrity, issues are escalated and addressed proactively and regulatory adherence.

Required Qualifications:

• Deep understanding of investment management across one or more asset classes.
• Experience in business management, COO, or operating roles within an asset management or investment organization.
• Strong program and change management capabilities, particularly in technology-enabled environments.
• Demonstrated ability to partner with senior investment professionals and influence without authority.
• Exceptional communication, leadership, and problem-solving skills.

Preferred Qualifications:

• Minimum five years related experience as an investor, investment analyst, or portfolio manager.
• Experience working with investment platforms (e.g., Aladdin or equivalent).
• Technical fluency in data, analytics, or programming tools (e.g., SQL, Python).

Salary Range:

$114,700 - 194,900 USD

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.

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.