Practice Executive Investments, Global Family Office (Finance)
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.
Major Duties:
• Provide comprehensive investment solutions and services to clients and prospects of single-family offices, private investment offices, and ultra-high net worth individuals and their respective families.
• Strategically develop and deliver solutions that provide a holistic set of investment options to existing and prospective clients
• Utilize available tools and resources to gain deep knowledge of entire investment universe. Identify, track, and share observed investment trends within the family office space with the intention of better positioning our investment practice to meet the evolving needs of our clients
• Maintain a current awareness of new investment strategies and instruments through regular engagement with the product and portfolio research area, contact with other industry professionals, and personal research
• Bring our holistic advisory capabilities, beyond investments, to clients and prospects by partnering with all available advisory resources
• Serve on standing investment services committees and on ad hoc unit committees as appropriate
• Ensure that Business objectives are being met and that are coordinated with Business Unit's and Corporate Strategic plan
• Maintain extensive contact with regional leadership, relationship managers, and sales to ensure coordination across the respective teams
• Collaborate with regional and sales leadership to identify the opportunities presented by the Firm to Family offering, and collectively work to capture outside assets of identified targets
• Provide leadership and guidance to staff, fostering an environment which encourages employee participation, teamwork and communication
• Maintain overall accountability for team performance management and career development programs
Knowledge:
• Knowledge of investment and portfolio management theory, accounting, and financial principles, and investment strategies and instruments, acquired through formal education and work experience
• Holistic wealth planning and strategic management
• Knowledge of investment terminology, characteristics of the various marketplaces, the laws and regulations governing trust investments and taxation, the bank's investment policies, procedures, and strategies, acquired through work experience and formal education, is required to manage portfolios or investment research
• Sales and negotiating skills are required to guide sensitive or difficult situations.
• Leadership and organizational skills are required to determine the unit goals, resources needed, and to assess and develop the skills of the staff
• Excellent oral and written communication skills are required
• Shapes the opinions of, and negotiates with, other senior leaders; establishes collaborative relationships across the business and with external organizations
Experience:
• 10-15 years of investment experience, including research, in which consistent long-term investment performance has met account objectives.
Success developing and executing long-term functional strategy to achieve key business objectives.
• Leadership role in major part of the organization (significant operational segment within Northern Trust, an organization function or a region/country within a function).
Salary Range:
$250,000-415,000
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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 different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
