Northern Trust
Associate, Account Opening (Finance)
Under direct supervision responsible for assisting with the setup of client entities and accounts for key transitional activities as it relates to on-boarding and set up of new institutional and trust clients, opening of new entities for existing clients, and daily account set up.
Responsible for delivery of middle office services to Wealth Management and Institutional client servicing teams.
Facilitate activities required to validate documentation, open and setup new accounts, transition assets, implement product solutions and setup global markets. Ensures activities are completed in a timely and efficient manner.
Interact with internal partner groups, external parties or with the clients to provide resolution to client issues and requests.
Responsible for identifying and resolving problems within established guidelines.
Expected to use some initiative but refer more complex problems to supervisors/experts.
Works effectively as a team member but also independently.
Knowledgeable of the core aspects of the job.
Working towards becoming proficient in all areas of the job.
Running and creating formal reports.
For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of December 31, 2018, Northern Trust Corporation had:
$10.1 trillion in assets under custody/administration
$7.6 trillion in assets under custody
$1.1 trillion in assets under management
$132 billion in banking assets
The successful candidate will benefit from having:
College or University degree and/or relevant proven work experience is preferred. Strong attention to detail as activities may have significant financial, client or business impact.
Ability to multitask with a focus on organization and time management. Excellent oral and written communication skills required to present information/ideas in a clear and concise manner.
In-depth Functional / Industry Knowledge is preferred.
Highly flexible and adaptable to change.Technical skills / systems knowledge (e.g. PeopleSoft) is required.