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.

Description:

• Partner will be responsible for the onboarding of Alternative Asset positions for new clients to Northern Trust and for additional business events for existing clients. Must display and execute all tasks with a constant sense of urgency and ownership. Partner will provide an excellent quality service experience for all clients; both internal and external. Partner must adhere to all established procedures and checklists including:
  • Scrubbing the list of assets and statements provided by Client Servicing/New Business Consultants to determine the assets that are in scope for Alternative Assets platforms.
  • Once assets are determined to be in scope for Alternatives, the Partner will be responsible for ensuring all information that is required to place the asset on record is obtained.
  • Creation of Interested Party letters to update wiring instructions. Once Interested Party letters are signed and received back from the client, the Partner must send the letters to the appropriate contacts at the fund company.
  • Attending and participating in all scheduled calls/meetings related to the assigned client onboarding event and providing updates as needed.

• In addition to onboarding clients and placing assets on record, partner will be responsible for day to day tasks. These include but are not limited to:
  • Processing asset transfers between accounts and platforms.
  • Removing assets from record.
  • Inactivating assets on the Private Equity platform.
  • Resolving Digitization exceptions within the Alternative Lifecycle Engine (ALE) platform.
  • Processing Personal Limited Partnership requests (placing assets on record, transfers, removing assets from record).
  • Monitoring our shared team email distribution mailbox.

• Partner should display a high level of professionalism consistent with Northern Trust corporate policies at all times. Partner should be approachable, flexible and consultative to their peers, partners and clients. Partner should actively lead, communicate, and execute professional goals while aligning new skills with current business needs. This includes:
  • Assisting Team Lead to coordinate training schedule for new partners to the team as well as assist in "on the job" training.
  • Actively participating in 1:1 meetings with management.
  • Identifying process improvements and communicate those to leadership and peers.

Qualifications:

• A College or University degree and/or some relevant work experience is preferred
• Related Industry qualification / or studying towards, is preferred
• Excellent oral and written communication skills are required
• Functional / Industry Knowledge is required
• Analytical and problem solving skills are required
• Technically sound in area of expertise and has broader knowledge of other areas such as Alternative Assets.

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.