Consultant, Client Transition
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. Working Model: Hybrid We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Summary Operates under general supervision but works on own most of the time. Serves on large and/or complex projects. Also, serves as the lead consultant on smaller or less complex projects. Responsible for handling and processing transactions like incoming, outgoing, transfer of assets and funds between global and/or domestic portfolios. Focus on resolution of complex transactions, where expertise is required to interpret policies, guidelines or processes, and communicate results or status to internal/external partners and/or client. Full ownership for one or more processes, reports and/or procedures. Analytically and procedurally competent, representing the team on cross-function process or project deliverables. Emerging as an expert in a specific skill set but remains focused primarily on daily execution. Major Duties: Operates under general supervision but works on own most of the time. Technically competent to act as first point of reference for day-to-day queries, and serves as a liaison to related areas. Oversees complex activities with significant financial, client, and/or internal business impact. Is able to articulate the New Business activities and understands the high sensitivities involved with the onboarding of new clients. Able to facilitate discussions and reach decisions Use WCM/GCM and MTS Video Lan to process incoming/outgoing wires. Process complex global transition and distribution events with minimal direction for high- profile clients, inclusive of: New Business events, working with prior custodians to facilitate the transfer of assets and cash to NT for new clients and Full Loss events- transferring of assets and funds to new custodians Process BAU activity- State Deposit transactions, and Record Action Only events Knowledge/Skills:- Has in-depth knowledge of custody operations, finance and securities in multiple markets.
- Firm understanding of the New Business activities and high sensitivities involved with onboarding new clients to the organization.
- Proven ability to work in a fast paced environment. Strong multi-tasking, organizational and time management skills.
- Leadership and organizational skills are needed to prioritize assignments
- Requires excellent analytical, consultative, communication, judgement and interpersonal skills.
- Broader knowledge of other areas required.
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