Northern Trust

Compensation

Full Description

About Northern Trust Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Job Summary Responsible for coordinating the account administration for institutional trust and custody clients. Maintains the account including record keeping, responds to client inquiries, produces reports and oversees transaction processing. Major Duties • Coordinates the account administration for institutional trust and custody clients. • Receives service requests from clients and partners; executes daily client activity, oversees transaction processing, handles inquiry resolution, obtains appropriate documentation, and ensures systems information is up-to-date. • Oversees development of appropriate action plans for client activities and ensures execution and follow-up. • Coordinates with servicing team on execution of client activity, communicating with client and vendors as appropriate. • Performs WEBEX or face to face Demos on the WCM/TOE systems for new and existing clients. • Documents services provided, specialized procedures, and ongoing written communications with client as appropriate in managing daily activity. • Develops clear understanding of clients'' need behind service requests and communicates to service partners. Obtains appropriate information from partners and client to facilitate service changes or transactions. • Assists client service and relationship managers with specific projects as needed. • Identifies service efficiency enhancements, process improvements, and service delivery using creative and proactive measures. • Monitors trust operations and accounting activities to ensure that all necessary reports, documents, tickets, etc. are processed to facilitate client services. • Ensures accurate new account set up for Mid-Market clients. Knowledge • Knowledge of trust operations and accounting systems usually acquired through related experience is needed to administer master trust and custody accounts. • General business knowledge is required to oversee client transactions. • Analytical skills, required to identify and resolve account issues. Experience:3-5 years' experience in financial accounting/business fields, with client servicing background. Salary Range $61,500 - 98,300 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. Working With Us As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 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. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.