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Sr. Asset Manager, Special Assets – Residential Real Estate - R127855

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.

Description:

Responsible for performing functions necessary for the management and or administration of residential properties held in various types of managed and directed accounts including, trust, guardianship and estate accounts.

Major Responsibilities:

  • Manage assigned properties utilizing established policies and procedures
  • Residential construction management - coordinate and oversee maintenance, repair, renovation and new construction of single-family and condominium units as client needs require.
  • Buy, sell, lease properties as part of a transaction team directly or with assistance of a realtor
  • Negotiate listing agreements, purchase and sale agreements, leases and other agreements
  • Maintain appropriate insurance coverage by way of blanket program or external policies
  • Prepare annual property reviews, analyze tax assessed values, coordinate triennial valuations, and perform initial and annual property inspections
  • Coordinate the timely payment of all maintenance, insurance and property tax bills
  • 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



Qualifications :

  • Minimum of 5 years of experience working in a professional residential real estate management or construction environment
  • Residential construction project management and architectural training a plus
  • Excellent interpersonal, verbal and written communication skills
  • Strong organizational, multi-tasking and prioritizing skills
  • Proficient in Microsoft Excel and Word
  • Ability to quickly gain proficiency with the bank's internal systems
  • Bilingual in English/Spanish is a plus



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...

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

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Job Posting: 12012088

Posted On: Jun 28, 2024

Updated On: Jul 28, 2024

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