About Northern Trust: An Overview
Northern Trust is a premier financial institution with a rich history dating back to 1889. As a Fortune 500 company, it has earned global recognition for its innovative financial services and unwavering commitment to service, expertise, and integrity. The institution boasts over 22,000 partners and has over 130 years of experience, making it a trusted partner for the world’s most successful individuals, families, and institutions. The company’s dedication to providing top-notch services using cutting-edge technology and exceptional service is unparalleled. For more about Northern Trust, click here.
The Role of Account Manager in Northern Trust
One of the key roles at Northern Trust is that of an Account Manager. This office-based position necessitates onsite work for the effective performance of its duties and responsibilities. The role involves coordinating the account administration for banking clients and responding to client inquiries. The Account Manager also produces reports and oversees transaction processing. Moreover, the role assists Private Bankers in business development, creation of client presentations, and coordination with the operations servicing team.
Key Responsibilities of an Account Manager
An Account Manager at Northern Trust has varied responsibilities. These include coordinating with the operations servicing team to execute daily client transaction activity and transaction processing. The role also involves handling inquiry resolution; obtaining appropriate documentation necessary for credit underwriting, monitoring, and credit file maintenance; and ensuring systems information is up-to-date. The Account Manager also communicates with clients and other internal and external partners, among other responsibilities.
Further Responsibilities and Expectations
Additional responsibilities encompass assisting Private Bankers with internal administration of accounts, business development, and client presentations for Banking. The Account Manager is expected to identify service efficiency enhancements, process improvements, and service delivery using creative and proactive measures. They will also communicate with clients regularly to inform them of account set-up or status, past due loans, document requests or other information. The Account Manager role also necessitates a clear understanding of the compliance requirements for new accounts and relationships and the preparation of compliance certificates, among others.
Experience and Skills Required
The role of an Account Manager at Northern Trust requires specific knowledge and skills. This includes a thorough understanding of banking products and services, analytical, problem-solving, and organizational skills. The ideal candidate should have at least 3 years of experience, or equivalent, in financial servicing/accounting fields with a client servicing background.
Working with Northern Trust
As a Northern Trust partner, one is encouraged to aim for greater achievements. The company boasts a flexible and collaborative work culture that encourages movement within the organization. Northern Trust prides itself on its financial strength and stability, which inspires exploration of new ideas. The company is committed to assisting the communities it serves and encourages a workplace with a greater purpose. Northern Trust is an inclusive employer and understands that flexibility means different things to different people. As such, it encourages prospective employees to discuss their flexible working requirements.
Are you excited about the role and the opportunity to work with us? Apply today and let’s achieve greater together. Northern Trust is also 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 [email protected] .
