Relationship Manager - Hedge Fund Services
Northern Trust Hedge Fund Services is a global provider of hedge fund administration, middle office, and related asset servicing solutions, partnering with sophisticated alternative asset managers across strategies and asset classes.
The Relationship Manager owns and manages senior level hedge fund client relationships and serves as the primary point of contact for clients and internal service teams. This role is responsible for client satisfaction, retention, and growth, while leading service governance, issue resolution, and commercial outcomes.
Key Responsibilities
Own senior level hedge fund client relationships as the primary point of contact across Northern Trust
Build trusted partnerships with executive and C suite clients through strategic engagement
Develop a strong understanding of client business models, investment strategies, and priorities
Lead service delivery governance by coordinating internal teams and ensuring consistent outcomes
Drive client satisfaction through proactive issue management and effective escalation handling
Lead quarterly client service reviews and executive level reporting
Own client profitability including P and L management, pricing strategy, and repricing initiatives
Identify and execute cross-sell opportunities across Hedge Fund Services and the broader bank
Partner with clients and internal teams to improve processes, reduce risk, and enhance efficiency
Lead client and investor due diligence and technology onboarding initiatives
Serve as a subject‑matter expert and lead complex, cross‑functional initiatives
Knowledge & Experience
Bachelor’s degree in Finance, Accounting, or a related field; Master’s degree preferred
Experience within hedge fund services, fund administration, middle office, prime brokerage, asset management, or consulting
Strong understanding of alternative investment structures, operating models, and client service delivery
Ability to manage complex client relationships and multiple priorities in a fast‑paced environment
Expertise in one or more asset classes and functional areas within the alternatives space
Ability to communicate technical and strategic concepts clearly to senior and C suite audiences
Strong judgment, integrity, and decision‑making capabilities
Highly collaborative, adaptable, and client‑focused mindset
Exceptional written, verbal, and presentation skills
Passion for continuous learning with strong technology aptitude
Salary & Benefits
Salary Range: $95,600 - 162,400 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.
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.
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Senior Relationship Manager, Hedge Fund Services
Northern Trust, Chicago, IL, USA
Pay: $95,600-$162,400/yr
Job type: Full Time