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Asset Manager – Specialty Assets (Agricultural Properties) - 104516

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.

Agricultural Real Estate Asset Manager, Specialty Assets

Wealth Management Real Estate and Agricultural Services Division

Description:

Responsible for the management of agricultural real estate assets held in various types of managed and directed accounts including, trust, estate and agency accounts. May also be responsible for performing the functions necessary as part of a transaction team to sell, lease or acquire agricultural real estate assets. This position is also responsible for completion of routine pre-acceptance functions and annual reviews to satisfy audit, regulatory and compliance requirements.

Major Responsibilities:

  • Manage assigned properties utilizing established policies and procedures
  • Buy, sell, lease properties either directly or with assistance of a broker
  • Negotiate listing agreements, purchase and sale agreements, leases and other agreements
  • Maintain properties cost effectively through use of appropriate vendors
  • Maintain appropriate insurance coverage by way of blanket program or external policies
  • Prepare annual property reviews, analyze tax assessed values, coordinate periodic valuations, and perform initial and annual property inspections
  • Coordinate the timely payment of all maintenance, insurance and property tax bills
  • Maintain property files with and without the help of an assistant
  • Build and maintain productive relationships with internal partners and centers of influence
  • Provide articulate and reasoned communication with colleagues, co-fiduciaries, clients, attorneys, brokers, contractors, third-party managers and other service providers
  • Provide consulting services on Advisory Service situations



Qualifications:

  • Minimum of 7 years of experience working in a professional real estate sales and management environment
  • Bachelor's degree or equivalent work experience
  • Farm management experience preferred-a professional role or family farming operation
  • Professional real estate designation. (Accredited Farm Manager Certification preferred.)
  • Preferred skill/experience includes knowledge of fiduciary principals, ability to identify and resolve moderate problems with minimal guidance, strong attention to detail, proven analytical, mathematical, and problem solving skills
  • Excellent interpersonal, verbal and written communication skills
  • Strong organizational, multi-tasking and prioritizing skills
  • Proficient in Microsoft Excel and Word and otherwise computer literate
  • Ability to quickly gain proficiency with the bank's internal systems
  • Valid driver's license



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...

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

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Job Posting: 11962810

Posted On: Jun 08, 2024

Updated On: Jul 08, 2024

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