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Sr. HR Business Partner, Wealth Management - R122183

at Northern Trust Company in Chicago, Illinois, United States

Job 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.

Role/ Department: Senior HR Business Partner, Wealth Management/HR Consulting

The Senior HR Business Partner serves as the primary HR relationship manager with the most senior leadership of assigned business unit(s) or geographies and ensures effective coordination between business clients, HR Consulting Function partners and COEs to strategically deliver HR solutions. Integrates corporate HR strategies and provides HR solutions and support to add value to the business and designated internal clients. Consults with assigned senior managers to interpret and apply corporate human resources programs to the business. Participates in the development, implementation and ongoing feedback/modification of HR programs. The focus of this role is on the future of the organization. The Senior HR Business Partner is part of the leadership in the business and is involved in helping drive business decisions by delivering the appropriate HR support. Uses specific knowledge of a discipline to achieve goals through own work. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Uses expertise to provide guidance to others as a project manager or consultant.

The key responsibilities of the role include:

Contributes to the development of the business strategy by partnering with business leaders to identify, prioritize and build organizational capabilities, competencies, skills, and processes.
Develops and leads execution of HR strategy, aligned with strategic priorities of assigned business unit(s) or geographies (country/region) on workforce specific issues, including alignment of talent priorities to business strategy.
Utilizes data to proactively identify opportunities for HR to add further value and assess efficacy of programs
Leads all major people initiatives within business units or geographies and drive proactive collaboration with COEs including performance management, total compensation planning, recruitment strategy, engagement and training and development. Supports managers in forecasting, planning and developing their talent pipeline requirements in line with the function/business strategy and employee demographics.
Proactively identifies potential human resources policy or program changes and recommends alternative practices to the appropriate Human Resource area.
Provides expert advice and coaching to senior managers, and employees when appropriate.
Drives change through the business and its HR programs utilizing change management tools.
Directly interacts with the most senior levels of business management and acts as a trusted advisor to senior management by building and establishing effective, consultative relationships.
Builds effective relationships with Sr. HRBPs/HRBPs/Associate HRBPs to stay informed on relevant business trends and people issues and share business strategy and senior management updates related to client groups.
Acts as a liaison between the line and HR COEs to ensure the alignment of internal client needs and HR activities.
Participates...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 11934113

Posted On: May 28, 2024

Updated On: Jun 27, 2024

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