Senior Fiduciary Officer

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. 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.

• Manages assigned account base of wealth management clients by working with client service team, clients and their professional advisors to develop a thorough understanding of the client’s needs and goals.
• Provides focused client service with responsiveness, diplomacy and tact; proactively contacts clients through written and verbal communication with suitable frequency and exhibits excellent time‑management skills.
• Holds depth of knowledge of governing documents and account agreements, fiduciary duties and applicable laws, including trust and tax law, estate planning techniques, financial planning, asset management and prudent investment principles.
• Leads client conversations for Goals Driven Wealth Management, provides proactive advice on Northern Trust products and services, emerging issues, regulatory and tax changes, and appropriate actions for clients.
• Builds and maintains knowledge of fiduciary standards and practices; applies fiduciary knowledge and judgment to fiduciary relationships and recognizes fiduciary risk issues, seeking appropriate resolution.

• Supports implementation of national initiatives and programs; lends advisory expertise to business development opportunities and assists relationship advisors in development plan design and implementation.
• Participates on fiduciary oversight committees, including account acceptance and discretionary actions.
• Displays a balanced, cross‑functional perspective across disciplines and regions, liaising with the business to reduce all elements of risk and to improve efficiency, effectiveness and productivity.

• Participates in developing the fiduciary strategic plan and sets goals and priorities based on the direction set for the unit, following through to ensure objectives are met.
• Cultivates relationships with referral sources and centers of influence to build business; identifies and develops new business opportunities and participates in community and professional organizations representing Northern Trust.

• Broad knowledge of fiduciary and financial products and services, usually acquired through related work experience, is required to manage client accounts.
• Technical knowledge of investments, tax, legal and operations, usually acquired through formal education or related experience, is required to service clients.
• Thorough knowledge of fiduciary standards, principles, and applicable laws and regulations, usually acquired through training, seminars or law school, is required to administer accounts.
• Proven skills in negotiation, problem resolution, delegation and leadership are critical.
• Leadership and organizational skills are required to determine the Business Unit’s goals and resources needed.
• Minimum 10 years’ experience as a lead relationship manager in trust administration, estate administration, estate planning or related fields. A legal background or commensurate experience is strongly preferred.

$164,600 – 288,000 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life and accident insurance, and other voluntary and well‑being benefits.

Northern Trust also provides a discretionary bonus program that may include an equity component.

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