Account Manager, WM Advisory

Northern Trust; Montecito (CA); On-site; USD 77,625 - 128,225; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary bonus program

Flexible and collaborative work culture

Job summary

A leading financial institution in Montecito is seeking an Account Manager to support client relationships in wealth management. This office-based role involves coordinating account administration, solving client issues, and assisting with client presentations. The ideal candidate will possess excellent communication and analytical skills, with a college degree or relevant experience preferred. A comprehensive benefits package and a collaborative work culture await the successful candidate. Join us in making a positive impact in the financial world!

Qualifications

• Excellent oral and written communication skills are required.
• In-depth knowledge of personal trust, estate and advisory services preferred.
• Analytical and organizational skills with attention to detail are essential.

Responsibilities

• Coordinate account administration for client relationships.
• Resolve client issues and inform clients on steps taken.
• Develop action plans for client servicing events.
• Assist Relationship Advisors with client requests and business development.

Skills

Communication skills

Analytical skills

Organizational skills

Problem-solving skills

Attention to detail

Education

College or University degree

Job description

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.

Account Manager, Wealth Management Advisory

Responsible for supporting/servicing team client relationships by coordinating administration of complex fiduciary, investment management, and/or custody accounts. This partner helps on‑board and maintain accounts, responds to client inquiries, produces action plans and reports, and oversees transaction processing in coordination with the Client Support Services Team. This partner assists Wealth Management Relationship Advisors with client requests, meetings, and creating client presentations. Under general supervision (but works independently most of the time).

Major Duties

• Coordinates account administration for fiduciary, investment management, and/or custody accounts for complex client relationships.
• Coordinates resolution of client issues and informs clients of steps taken to resolve requests or problems.
• Develops and maintains working knowledge of governing documents and account agreements.
• Receives service requests from clients and other partners, and communicates to service partners; obtains appropriate information from partners and clients to facilitate service changes or transactions.
• Oversees development of appropriate action plans for client servicing events and ensures execution and follow‑up; communicates with clients regularly to inform them of account set‑up or status, document requests, cash transfer requests, or other information.
• Engages the Client Support Services Team on execution of client servicing events, account opening and closing, cash movement, and fee set‑ups.
• Identifies service efficiency enhancements, process improvements, and service delivery using creative and proactive measures.
• Develops and maintains a working knowledge of various business applications critical to relationship management including client on‑line tools and internal processes, etc.
• Assists Relationship Advisors, in account acceptance process, discretionary request analysis and process, compliance management and annual account review process; ensures appropriate documentation is collected and imaged; ensures systems information is up‑to‑date; ensures accurate set up and review of fees; documents services provided, specialized procedures, and ongoing written communications with client as appropriate in managing daily activity.
• Assists Relationship Advisors with business development and client presentations.
• Able to serve as a key subject matter expert and mentor to other more junior level employees over time.
• Able to facilitate discussions and reach decisions.

Qualifications

• Excellent oral and written communication skills are required.
• In‑depth functional/industry knowledge of personal trust, estate and advisory services and products, usually acquired through related work experience, is preferred but not required.
• Analytical, problem‑solving, and organizational skills are required; acute attention to detail is a must.
• Prefer a candidate who is motivated for a career in wealth management.
• A College or University degree and/or relevant proven work experience is required.
• Proven years of experience in wealth management or related experience/credentials is preferred but not required.

In Office

This is an office‑based position and for the effective performance of this role, the duties and responsibilities must be carried out onsite.

Salary Range

$77,625 - 128,225 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 [e-mail].

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.