Associate Analyst, Alternative Investments

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 world’s 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 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 50 South Capital ( www.50southcapital.com ) is the private equity investment group within Northern Trust. 50 South Capital’s private equity group makes primary, secondary, and direct co-investments in buyout and venture capital funds and companies in the U.S., Europe and Asia.

The team has extensive experience investing in the industry and has been led by its founding partners since 2000. It oversees over $19.4 billion in assets and is experiencing rapid growth. The individual in the two-year Analyst position will participate in all of the group’s activities, including investments, fundraising and portfolio management.

This will include screening investment opportunities; meeting fund management teams; completing due diligence, including valuations and modeling; participating in various portfolio monitoring tasks and data analysis projects; creating and updating marketing materials; and participating in fundraising related initiatives.

WHO YOU ARE You are pursuing a bachelor’s degree with a major in business, finance, accounting, economics, or engineering preferred at an accredited college/university with an expected graduation date of December 2027 through Summer 2028. Preferably seeking a summer 2027 start date. 0-1 years of experience with leveraged finance,consulting, public accounting, corporate finance or private equity.

High attention to detail. Strong work ethic. Excellent interpersonal skills, ability to work within a collegial, team environment. Strong communication skills, both written and oral. Highly-developed analytical ability, curiosity. Ability to prioritize workload and to work on a number of projects concurrently.

Strong business and interpersonal judgment skills with ability to assess both the qualitative and quantitative aspects of an investment. Understanding of how financial markets work, particularly private equity. Knowledge of basic financial analysis and the valuation of private companies. Highly proficient in Word, Excel and PowerPoint.

Must be comfortable representing the firm to outside constituencies in a professional way. WHAT YOU’LL DO Prepare financial analysis in support of the firm's due diligence on private equity fund/secondary/direct investment opportunities.

Evaluate a firm’s strategy and historical track record versus industry benchmarks; tracking industry-wide and fund specific investment and liquidity data; modeling fund cash flows and transaction structures; working with valuation models and projection models; reference calls; and compiling information for investment committee presentations.

Support general duties within the primary, secondary, and direct investment functions, including monitoring the universe of buyout and venture capital fund managers, and meeting with these managers as part of the diligence process.

Assist with business development and investor relations projects, such as maintaining marketing and quarterly performance presentations, creating industry white papers, and working with the back-office team. Position may require some travel. Salary Range: Salary is $90,000 annually. 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 Trust’s 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 [email protected] , or alternatively you can discuss your individual requirements with the recruiter you are working with.