Account Manager, WM Advisory

Northern Trust; New York (NY); Hybrid; USD 77,625 - 128,225; Full time

Benefits offered by this job

Hybrid work model

Comprehensive benefits package

Job summary

Northern Trust in New York is seeking an Account Manager, WM Advisory to support client relationships across fiduciary, investment management, and custody accounts. You will coordinate administration, respond to inquiries, and prepare action plans and reports while collaborating with the Client Support Services Team.

The role emphasizes teamwork, independence, mentoring junior staff, and a balanced hybrid work model (3 days in office, 2 from home), with opportunities to contribute to service

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.
• Knowledge of internal bank trust functions is required.
• Analytical, problem-solving, and organizational skills are required.
• Highly flexible and adaptable to change.
• 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.

Responsibilities

• 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, communicates to service partners; obtains appropriate information 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, 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.
• 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.
• Able to facilitate discussions and reach decisions.

Skills

Communication skills

Wealth management knowledge

Analytical thinking

Problem-solving

Organizational skills

Customer service orientation

Education

College degree

Tools

Client online tools

Banking software

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Account Manager, WM Advisory

Responsible for supporting/servicing team client relationships by coordinating administration of complex fiduciary, investment management, and/or custody accounts. This partner establishes and maintains the account, 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, communicates to service partners; obtains appropriate information 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, 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.
• 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.
• 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.
• Knowledge of internal bank trust functions is required.
• Analytical, problem‑solving, and organizational skills are required.
• Highly flexible and adaptable to change.
• 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.

Hybrid Working Model

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working 3 days in the office and 2 days working from home.

Location

390 Park Ave, New York, NY 10022

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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H‑1B, L‑1, TN, O‑1, E‑3, H‑1B1, F‑1, J‑1, OPT, CPT or any other employment‑based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.