Fiduciary Account Manager

2 months ago

Chicago, Illinois, United States Northern Trust Corporation Full time
About Northern Trust

Northern Trust is a globally recognized financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.

Job Summary

We are seeking a highly skilled Fiduciary Account Manager to join our team. In this role, you will be responsible for coordinating the account administration for wealth management clients, maintaining records, responding to client inquiries, producing reports, and overseeing transaction processing.

Key Responsibilities
  1. Coordinate daily servicing of Fiduciary wealth management clients, including asset servicing, trust administration, banking, or investment management activities.
  2. Receive service requests from clients and partners, coordinate or execute daily client activity, oversee transaction processing, handle inquiry resolution, and ensure systems information is up to date.
  3. Oversee development of appropriate action plans for client activities and ensure execution and follow-up.
  4. Coordinate with servicing team on execution of client activity, communicate with client and vendors as appropriate.
  5. Ensure accurate set up and review of fees.
  6. Draft discretionary memos in accordance with Trust agreement and collaborate with Trust Advisor for accuracy.
  7. Document services provided, specialized procedures, and ongoing written communications with client as appropriate in managing daily activity.
  8. Develop clear understanding of clients' needs behind service requests and communicate to service partners.
  9. Identify service efficiency enhancements, process improvements, and service delivery using creative and proactive measures.
  10. May monitor banking, investment, and trust operations and accounting activities to ensure that all necessary reports, documents, tickets, etc. are processed to facilitate client services.
  11. Communicate with clients regularly to inform them of account set-up or status, document requests, or other information.
  12. May research client records, contracts, agreements, legal requirements, and relevant tax laws to respond to inquiries.
  13. Develop and maintain a working knowledge of various business applications critical to relationship management, including client online tools.
  14. Travel to client locations on a selected basis where revenue, new business opportunities, and/or servicing require a call.
Requirements

To be successful in this role, you will need:

  • 1-2 years' experience in financial servicing/accounting fields, with client servicing background.
  • Knowledge of asset servicing, personal trust, banking, investment operations, and accounting systems usually acquired through related experience.
  • General business knowledge, including knowledge of accounting, usually acquired through coursework.
  • Analytical, problem-solving, and organizational skills required to identify and resolve account issues.
About Us

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.

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.

  • Fiduciary Account Manager

    1 month ago

    Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern Trust:Northern Trust is a leading global financial institution that has been in continuous operation since 1889. We 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.We have a balanced hybrid...

  • Fiduciary Account Manager, Wealth Services

    4 weeks ago

    Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern TrustNorthern Trust is a globally recognized, award-winning financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.Key ResponsibilitiesCoordinate account administration for wealth...

  • Fiduciary Risk Specialist

    3 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance.Our commitment to service, expertise, and integrity has enabled us to...

  • Fiduciary Audit Specialist

    3 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust: As a globally recognized financial institution, Northern Trust has been in continuous operation since 1889. We pride ourselves on providing innovative financial services and guidance to the world's most successful individuals, families, and institutions by upholding our core principles of service, expertise, and integrity. With over 130...

  • Fiduciary Risk Specialist

    4 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.We are committed to delivering exceptional service, expertise, and integrity to our...

  • Senior Fiduciary Risk Specialist

    3 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    Fiduciary Risk Management ExpertNorthern Trust, a globally recognized financial institution, is seeking a highly skilled Fiduciary Risk Management Expert to join our team. As a subject matter expert, you will provide strategic thought leadership in designing and maintaining a fiduciary risk audit coverage strategy and executing the Fiduciary Risk Practice...

  • Senior Legal Counsel, Fiduciary Administration

    4 weeks ago

    Chicago, Illinois, United States BMO U.S. Full time

    We are seeking a highly skilled Senior Legal Counsel to join our Fiduciary Administration Legal Team in Chicago. As a key member of our team, you will be responsible for reviewing new fiduciary business opportunities, advising on legal issues arising from day-to-day fiduciary operations, and providing guidance on policies and procedures.You will have the...

  • Strategic Account Manager

    4 weeks ago

    Chicago, Illinois, United States Lockton, Inc. Full time

    Job Summary:Lockton, Inc. seeks a seasoned professional to lead client strategy and drive business growth. As a key member of our team, you will craft and execute insurance programs, build and maintain carrier relationships, and collaborate with producers to generate new business.Key Responsibilities:Understand and perform marketing and account services to...

  • RPS Relationship Manager

    3 weeks ago

    Chicago, Illinois, United States Old National Bank Full time

    Job Title: RPS Relationship ManagerOld National Bank is seeking a highly skilled RPS Relationship Manager to join our team. As a key member of our Trust and Custody department, you will be responsible for providing exceptional service to our retirement plan clients, ensuring their fiduciary responsibilities are met, and developing relationships with clients,...

  • Tax Manager

    4 weeks ago

    Chicago, Illinois, United States RSM US LLP Full time

    Job SummaryWe are seeking a highly skilled Tax Manager to join our Family Office Enterprise (FOE) practice. As a key member of our team, you will be responsible for providing exceptional tax services to ultra-high net worth families and their family offices.As a Tax Manager, you will have the opportunity to work on a wide range of tax services, including...

  • Tax Manager

    4 weeks ago

    Chicago, Illinois, United States RSM US LLP Full time

    About the RoleWe are seeking a highly skilled Tax Manager to join our team at RSM US LLP. As a Tax Manager, you will play a key role in providing exceptional tax services to our clients, including structuring and modeling, succession planning, wealth transfer planning, and tax compliance.Key ResponsibilitiesAdvise clients on a full spectrum of tax services,...

  • Senior Account Administrator

    4 weeks ago

    Chicago, Illinois, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled and experienced Senior Account Administrator to join our team at BMO Financial Group. As a key member of our team, you will be responsible for providing exceptional client service and support to our Trust and Estate clients.Key ResponsibilitiesProvide high-quality sales and service to Trust and Estate clients to...

  • Associate Relationship Advisor

    4 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a globally recognized financial institution with a rich history dating back to 1889. We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.As a Fiduciary Relationship Manager, you will play a key role in ensuring client satisfaction on a limited...

  • Administrative Operations Manager

    3 weeks ago

    Chicago, Illinois, United States Webinar Demo Account Full time

    Job SummaryWebinar Demo Account is seeking a highly organized and motivated individual to fill the role of Office Manager in a full-time, hourly administrative position. This position focuses on managing office operations and providing support to the team. As an Office Manager, you will play a crucial role in maintaining the efficiency and productivity of...

  • Associate Relationship Advisor

    4 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a globally recognized financial institution with a rich history dating back to 1889. As a Fortune 500 company, we pride ourselves on providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.We are committed to upholding our enduring principles of...

  • Tax Manager

    3 weeks ago

    Chicago, Illinois, United States CohnReznick Full time

    About the Role:CohnReznick is seeking a highly skilled Tax Manager to join our Trust and Estate Tax team within our National Tax group. As a Tax Manager, you will work with our Trust and Estate clients and focus on PCS Tax work. This position offers opportunities for advancement and growth while being a trusted resource internally.About the Team:You will be...

  • Tax Manager

    4 weeks ago

    Chicago, Illinois, United States RSM US LLP Full time

    Job SummaryWe are seeking a highly skilled Tax Manager to join our team at RSM US LLP. As a Tax Manager, you will be responsible for providing strategic tax planning and client service to our family office and wealth management clients. You will work closely with our team to deliver exceptional client service and drive business growth.Key...

  • Senior Tax Manager, Planning

    4 weeks ago

    Chicago, Illinois, United States RSM Full time

    We are the leading provider of professional services to the middle market globally, our purpose is to empower our clients and people to realize their full potential.Role OverviewAs a Tax Senior Manager, you will be responsible for advising business owner clients on a full spectrum of business and tax opportunities, including succession planning, wealth...

  • Finance and Operations Manager

    4 weeks ago

    Chicago, Illinois, United States National Runaway Safeline Full time

    Job Title: Manager of Finance & OperationsAbout Us:The National Runaway Safeline (NRS) is a 501(c)(3) organization dedicated to ensuring the safety and well-being of runaway, homeless, and at-risk youth. We provide crisis intervention, information, and referrals 24/7, 365 days a year, through our hotline, live chat, text, email, and online forums.Position...

  • Financial Advisor

    4 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a leading financial institution with a rich history dating back to 1889. We provide innovative financial services and guidance to successful individuals, families, and institutions, upholding our core values of service, expertise, and integrity.We have over 130 years of financial experience and a global presence,...