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Northern Trust

Senior Sales Manager – U.S. Fund Administration

Northern Trust

Senior Sales Manager responsible for originating new business opportunities in U.S. Fund Administration.

Posted 6/19/2026full-timeJersey City • New Jersey • 🇺🇸 United StatesSenior💰 $189,290 - $331,200 per yearWebsite

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Applicant Tracking System Keywords

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Hard Skills
institutional salesbusiness developmentfund administrationasset servicingRFP processesfund accountinginvestor servicingdata reportingsales strategiescommercial proposals
Soft Skills
negotiationpresentation skillscommercial judgmentexecutive presencecollaborationclient engagementinfluencestrategic thinkingrelationship managementadvisory skills
Industry Keywords
ETFsprivate capitalhedge fundssemi-liquid vehiclesU.S. public fundsprivate funds ecosystemoperating model designscalabilitycapital markets solutionscross-sell opportunities

About the role

Key responsibilities & impact
  • Originate and close new business mandates across institutional asset managers, private capital firms, and hedge funds
  • Lead complex, multi-product sales pursuits across fund administration, investor services, custody, middle office, and capital markets solutions
  • Serve as a trusted advisor across U.S. public and private fund structures including mutual funds, ETFs, CITs, hedge funds, private capital, and semi-liquid vehicles
  • Develop targeted sales strategies aligned to growth, product evolution, and alternatives expansion trends
  • Advise clients on operating model design, scalability, and distribution considerations across institutional and wealth channels
  • Analyze client operating models and recommend scalable solutions spanning fund accounting, investor servicing, and data/reporting
  • Lead end-to-end RFP processes, coordinating across product, operations, risk, finance, and legal teams
  • Structure competitive commercial proposals and drive deal execution through close
  • Expand client relationships through cross-sell opportunities and maintain strong market presence via industry engagement

Requirements

What you’ll need
  • 7–12+ years of institutional sales or business development experience in asset servicing, fund administration, or a related market
  • Proven track record of winning complex mandates and leading multi-stakeholder RFP processes
  • Direct experience in one or more of the following: ETFs (launches or conversions), alternatives (private capital or hedge funds), or semi-liquid fund structures
  • Deep knowledge of the U.S. public and private funds ecosystem and asset management operating models
  • Strong expertise across fund administration, investor servicing, custody, and middle office capabilities
  • Ability to translate complex operating models into differentiated, commercially compelling client solutions
  • Advanced sales, negotiation, and presentation skills with strong commercial judgment
  • Executive presence with the ability to engage and influence C-suite, product heads, and senior decision-makers
  • Strong collaboration skills across internal stakeholders including product, operations, and client coverage teams

Benefits

Comp & perks
  • 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
  • other voluntary and well-being benefits
  • discretionary bonus program that may include an equity component