Senior Managing Director

Northern Trust • Grand Rapids, MI

1d

About The Position

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. SENIOR MANAGING DIRECTOR OH: R153543 Responsible for oversight and management of a Private Client Advisory group with consolidated annual revenues equal to or exceeding a level determined by the Business Unit President. This may include emerging or growth markets. Oversees provision of client services related to investment management, trust and estate planning, private and/or business banking, and financial planning, inclusive of wealth transfer and philanthropic strategies. Provides leadership and guidance to managers and employees. Holds overall accountability for performance management, business development and career development programs. Leads from extensive business experience /knowledge and broad functional expertise. Focuses on proactive strategic leadership. Major Duties: Oversees, plans and directs all activities for the team. Communicates overall strategy to reporting managers and employees. Responsible for upholding corporate policies and procedures. Develops objectives and strategic plans for location or market that meet Business Unit and Corporate objectives. Directs activities of the team toward accomplishing those objectives. Oversees development and monitoring of business growth, and pricing of products and services. Responsible for capital and expense budgets. Oversees client interactions and communications. Monitors retention of current clients and broadening of relationships. May address specific sensitive or complex client needs. Identifies and researches potential for community or market expansion. Develops sales goals for new business. Oversees communication strategies and identification of prospective clients/business. Participates in sales presentations. Investigates strategic opportunities for acquisition or expansion. Knowledge: Leadership and organizational skills to determine goals, resource needs, and to assess and develop the skills of staff. Capable to direct the activities for multiple units. Knowledge of business strategy development provide long term planning and to manage the profitability/performance of a major business segment. Externally focused with experience in networking and driving growth The successful candidate will benefit from having the following competencies: A College or University degree and/or relevant proven work experience is required/preferred. Related Industry qualification required / preferred. Salary Range: $195,415 - 342,095 USD 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 [email protected]. 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. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies! Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America 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), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. 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 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 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 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 Know Your Rights (U.S.)

Requirements

• Leadership and organizational skills to determine goals, resource needs, and to assess and develop the skills of staff.
• Capable to direct the activities for multiple units.
• Knowledge of business strategy development provide long term planning and to manage the profitability/performance of a major business segment.
• Externally focused with experience in networking and driving growth
• A College or University degree and/or relevant proven work experience is required/preferred.
• Related Industry qualification required / preferred.

Responsibilities

• Oversees, plans and directs all activities for the team.
• Communicates overall strategy to reporting managers and employees.
• Responsible for upholding corporate policies and procedures.
• Develops objectives and strategic plans for location or market that meet Business Unit and Corporate objectives.
• Directs activities of the team toward accomplishing those objectives.
• Oversees development and monitoring of business growth, and pricing of products and services.
• Responsible for capital and expense budgets.
• Oversees client interactions and communications.
• Monitors retention of current clients and broadening of relationships.
• May address specific sensitive or complex client needs.
• Identifies and researches potential for community or market expansion.
• Develops sales goals for new business.
• Oversees communication strategies and identification of prospective clients/business.
• Participates in sales presentations.
• Investigates strategic opportunities for acquisition or expansion.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees