Account Manager, GFO

Northern Trust•Chicago, IL
•$67,500 - $111,500•Hybrid

About The Position

The Account Manager acts as the day-to-day client contact for our family members, family offices and their nominated representatives. They will liaise directly with internal partners to resolve issues and hence will be required to build an effective network throughout the bank to find solutions to issues raised. Working closely with the Relationship Manager they will also help assist in driving growth opportunities and additional business. The GFO team are seeking an enthusiastic, self-motivated and ambitious individual looking to grow in experience and knowledge alongside the group as we expand our client base in the region.

Requirements

  • A strong background with a good understanding of the global custody industry
  • Direct experience in interacting with demanding clients or prospects and meeting their needs
  • Excellent organizational skills and comfort in prioritizing competing demands
  • An ability to own and resolve problems independently
  • Ability to perform under pressure and to be flexible with working when required
  • Excellent written and verbal communication skills
  • Independent problem resolution
  • Time and project management
  • Adaptability to work on a wide variety of (occasionally unique) issues
  • Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Responsibilities

  • Building trusted client relationships through engagement, effective communication and consistent delivery.
  • Responding to client instructions and queries immediately and effectively.
  • Independently resolve issues and problems by using your internal network and product knowledge to explain and implement solutions in a timely manner.
  • Executes daily client activity, oversees transaction processing, handles inquiry resolution, obtains appropriate documentation, and ensures systems information is up-to-date.
  • Informing clients of any substantive changes to processes and procedures adopted by Northern Trust.
  • Assisting the client to navigate Northern Trust, being a central point of contact for operational matters.
  • Facilitate client’s ability to use online NT applications
  • Ensures accurate set up and review of fees. Timely and accurate client invoicing and fees collection.
  • Proactively work with clients to minimize risk and anticipate needs.
  • Escalate client concerns in a timely and accurate manner.
  • Follow up with internal parties on any queries/issues which arise from meetings within 24 hours.
  • Maintain all documentation/files as appropriate to each client relationship.
  • Coordinate all requests from clients with regard to account opening/closing, global markets and authorized signatories.
  • Open/ Close accounts.
  • Raise requests to remove/ add users for on-line client system and maintain a list of users.

Benefits

  • 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
  • other voluntary and well-being benefits
  • discretionary bonus program that may include an equity component
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