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 Consultant - Job Level: P2, Officer Eligible
Responsible for providing in-depth consulting on the Alternative Asset functions and execution of strategic business activities for the department. This role will carry out activities that are large in scope, cross-functional and technically difficult. Other duties may include working on specific regulatory requirements facing the department, new Product initiatives, and assisting with the design, review and implementation of corporate initiatives impacting the processing of Alternative Assets globally. Will be responsible for direct interaction or participation with different committees and/or management in Corporate, C&IS and Wealth Management settings. Keeps abreast of emerging industry trends.
1. Supports activities and responsibilities that are large in scope, cross-functional and technically difficult
2. Provide leadership in developing, implementing, and administering programs that support the strategic goals of the AAS department, including in-kind receipts and direct investments with relationship partners, brokers, investment managers and transfer agencies.
3. Works closely with new business opportunities as an SME. Provides consultative oversight and expert advice to new clients on operational capabilities between alternative and market investment groups. Provides thought leadership on difficult requests and closely manages client expectations to ensure service levels are attainable. Coordinates the creation of presentation material and other service level documents to share with clients, prospects and partners
4. Cultivates and maintains working relationships with client servicing, product, and various operations areas to meet and exceed client expectations
5. Assists clients, partners, and staff with complex problem resolution. Consults on effective ways to meet client needs or appropriate method to be used for resolution of an error
6. Develops periodic goals, set short-term priorities, monitor all activities, and ensure timely and accurate completion of the work. Responsible for direct interaction with different committees and/or management at all levels.
7. Strategic in developing, implementing and administering programs within functional areas and across multiple teams, platforms and systems.
8. Conducts preliminary market analysis
Knowledge/Skills: In-depth knowledge of financial industry operations is required to successfully represent the department. Strong analytical and problem-solving skills is necessary to manage client inquiries and expectations. Excellent oral/written communication skills are required to effectively interact with clients and partners.
Required Experience: A college or university degree in the field of business and experience in the financial industry operations environment and five or more years of equivalent work experience is required.
Possible Career Journey Example: AAS Client Audit Sr. Analyst (B3), AAS Ops Technical Coordinator (B5), New Business Consultant...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
