CAREERS

Personal Trust Associate Wealth Advisory-Greenwich

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Personal Trust
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88682 Requisition #

 Job Summary:
 Supports the Lead Relationship Managers (LRMs)for high net worth (HNW)  wealth management team to manage and coordinate the daily administration of client investment and trust accounts. Generally responsible for initiating a range of account activity (including broad cash management), monitoring client records to ensure accuracy and compliance, and directly responding to client inquiries. Assist LRMs in preparing for client meetings, participating in client meetings, and in new business development efforts. 
Major Duties:
1. Coordinates the daily account administration for personal trust and investment management clients. Monitors situations to ensure prompt action.

2. Communicates information on aspects of a client relationship to other functional teams, to coordinate daily client activity, oversees transaction processing, handles inquiry resolution, and obtains appropriate documentation.

3. Maintains ongoing communication with clients and explores and identifies opportunities to provide improvements in processes or additional services. Participates in client meetings.

4. Responsible for account setup, overseeing of account distribution, documentation of both discretionary payments and client account reviews. Oversees preparation of client meeting presentation packages.

5. Documents services provided, specialized procedures, and ongoing written communications with client as appropriate in managing daily activity.

6. Maintains an understanding of relevant tax laws and legal requirements applicable to trust administration in order to assist in resolving client issues as they relate to the trust agreement.

7. Maintains an understanding of the investment process and the bank’s basic investment style and procedures. Relates these to each account situation and coordinates with portfolio managers as necessary.

8. Oversees assigned accounts with an understanding of both fiduciary concepts and individual client circumstances.

9. Assists relationship manager in the expansion of relationship base according to new business goals through additions to existing accounts, upgrades of current relationships, identification of cross-marketing opportunities, and participation in business development.

10. Develops and maintains a working knowledge of various business applications critical to trust administration.

 

Qualifications:

Candidate should have excellent oral and written communication , organizational, and relationship skills.  Ability to take ownership of detailed tasks and follow through to completion is critical.  Candidate must be able to work independently and with teams, depending on the situation.  A basic understanding of private client wealth management and the desire to learn more complex investment and financial planning services is key to success.
Candidates should have a minimum of 3 years experience in trust administration or private client wealth management. Strong analytical, and accounting skills are required to oversee client transactions, identify and resolve account issues and to ensure the accurate delivery and tracking of client services. Strong technical skills and attention to detail are needed.  Interest in CFP or related advanced degrees a plus.

About Northern Trust:
Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 

Working with Us:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021: 
•Gender Equality Index Member, Bloomberg
•Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement