About Northern Trust
With a history that dates back to 1889, Northern Trust has established itself as a globally recognized, award-winning financial institution and a Fortune 500 company. Its enduring principles of service, expertise, and integrity have played a crucial role in offering innovative financial services and guidance to the world’s most successful individuals, families, and institutions.
Boasting over 130 years of financial experience and a strong team of over 22,000 partners, Northern Trust serves its sophisticated clients using leading technology and exceptional service.
Major Duties
The core duties at Northern Trust encompass a wide spectrum of activities. The institution continually seeks to develop new relationships and identify prospects, thereby formulating an effective marketing strategy for specific clients.
One of the critical roles at Northern Trust involves managing complex wealth management banking credit and treasury management client relationships. The institution takes it a step further by identifying opportunities external to banking in the areas of investment and fiduciary.
Another significant responsibility involves structuring and negotiating complex loan and/or lease agreements according to guidelines established by senior bank and business unit management. This includes analyzing and negotiating the terms of loans, such as special pricing conditions, interest rates, Swaps, etc., according to guidelines set by the Credit Policy Committee. The institution also oversees and negotiates the preparation of necessary documentation for the financing agreement.
Advising and consulting with clients as it relates to Goals Driven Wealth Management is another crucial part of the role. Generating leads through well-established relationships with Centers of Influence (COI’s) and cultivating a network of additional COI’s is also a key duty.
Northern Trust partners are often required to provide comprehensive, in-depth consulting and leadership to teams and partners at a high technical level. They are also tasked with managing activities that are large in scope, cross-functional, and technically difficult.
Knowledge and Experience Requirements
To excel at Northern Trust, advanced knowledge of the banking industry, competition, and financing, usually acquired through formal education and experience is required. Knowledge of investments, trust and financial consulting concepts is necessary to identify cross-selling opportunities.
Skills in negotiation, leadership, and sales are essential for developing client and prospect relationships and a partner network. Excellent oral and written communication skills, flexibility, adaptability to change, and the ability to interpret internal/external business challenges and recommend best practices to improve products, processes, or services are also valued.
At least 5 years in financial analysis and client servicing experience, or commercial lending or leasing experience is required. The role may also lead functional teams or projects with moderate resource requirements, risk, and/or complexity.
Remuneration
Salaries at Northern Trust are competitive, with a range of $158,010 – $268,640 USD. Northern Trust provides a comprehensive benefits package that includes 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 Northern Trust
As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability act as a catalyst for exploring new ideas. It encourages movement within the organization and offers a workplace where senior leaders are accessible. Northern Trust takes pride in its commitment to assisting the communities it serves, thereby offering a workplace with a greater purpose.
Northern Trust is always eager to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies. They encourage you to build your career with them and apply today.
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, you can reach out to Northern Trust’s HR Service Center at MyHRHelp@ntrs.com.
The institution values an inclusive workplace and understands that flexibility means different things to different people. They encourage you to apply today and talk to them about your flexible working requirements and together, achieve greater.
For more information, click Here.
