Associate Account Manager, GFO

Northern Trust · Chicago IL

Company

Northern Trust

Location

Chicago IL

Type

Full Time

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.

The Associate Account Manager supports daily activities of the Global Family Office - Wealth Management Clients. Responsible for assisting account managers, relationship managers and bankers in executing client transactions, as directed. Researches and responds to inquiries, performs updates on required systems and assists on projects as needed.

Entry level position with opportunity to develop professionally.

Acts under general supervision, completing review and obtaining necessary approvals on transactions and/or documentation items.

  • Assists bankers, relationship managers and account managers with client account openings/closings by completing required administrative and compliance documentation.
  • Completes daily maintenance to client accounts such as address changes, check reorders, ordering copies of statements and setting up direct deposit using appropriate systems.
  • Responsible for coordination of division self audit tasks for submission to banking internal audit on a quarterly basis.
  • Monitors daily overdrafts for deposit accounts and executes appropriate follow-up for approval and/or resolution.
  • Completes daily processing of client directed transactions via multiple workflow systems.
  • Serves as liaison between client servicing and operations as it relates to cash and trade processing.
  • Maintains documented procedures for processing client accounts.
  • Completes daily maintenance to client accounts as directed by the client servicing team partners

The successful candidate will benefit from having:

  • A College or University degree and/or 1-5 relevant experience in trust/banking operations experience is preferred.
  • Knowledge of trust/banking products and services usually acquired through related work experience is required to service client and administrative needs.
  • Organizational and time management skills are necessary in order to monitor consistent flow of requests in a daily deadline, time-critical environment.
  • Excellent oral and written communication skills are required. Problem solving and analytical skills are needed to resolve client inquiries.

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.

https://www.northerntrust.com/content/dam/northerntrust/pws/nt/images/careers/ntawards.jpg

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 andapply 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 [email protected].

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.
Apply Now

Date Posted

12/23/2022

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