Manager, Business Process Mgmt

Northern Trust Corp; Chicago, Northern (IL, KY); Hybrid; USD 172,000 - 301,000; Full time

Benefits offered by this job

Comprehensive benefits package

Discretionary bonus program

Job summary

Northern Trust is seeking a Senior Manager to lead the Wealth Management Middle Office operations team in the US, overseeing client services, onboarding and maintenance tasks, and process improvements. You will guide multiple managers, drive performance, and implement end-to-end process designs to support Private Wealth Management services.

The role emphasizes change leadership, cross-functional collaboration, and ensuring efficient client service delivery within a dynamic regulatory

Qualifications

• Manage performance management and career development for the Operations function.
• Provide end-to-end process analysis and design for the current and future business environment.
• Lead process changes by integrating new processes with existing ones and communicating changes.

Responsibilities

• Execute strategic direction of business function activities and oversee multiple units.
• Provide leadership and guidance to subordinate managers and staff.

Skills

Leadership

Operations management

PeopleSoft knowledge

Communication skills

Strategic thinking

Education

College degree

Tools

PeopleSoft

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.

Role Summary

Wealth Management Middle Office is hiring a senior manager to lead the National Client Support Services operations team based in the US. This role provides critical daily support across Private Wealth Management services. The team supports WM Banking, Trust and Investment partners helping expedite WM client requests and support client servicing work. Functional areas include Money Movement, Investment Support, Onboarding / Maintenance / Outbound Transitions, Client Review Form and Account Review Execution and Passport Enrollment. WM Middle Office Operations will be experiencing ongoing change in the coming years as a result of process automation, operational process reengineering and growing needs to support additional operational tasks currently within the Front Office. Seeking a change agent and strong operational manager to lead the team through these efforts.

Job Description

Responsible for managing multiple functions, providing leadership and guidance to subordinate managers. Overall accountability for the performance management and career development programs for the Operations function. The manager is responsible for an end-to-end process analysis and design with an understanding of technical and operating challenges and solutions as they relate to the current and future business environment. Role creates process change by integrating new processes with existing ones and communicating these changes. Subject matter expertise is beneficial. Conducts performance management and career development processes, and staffing and disciplinary actions.

Primary Duties and Responsibilities

Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise Focus of role is on execution of strategic direction of business function activities Carries out complex initiatives involving multiple disciplines and/or ambiguous issues Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity Seasoned leader with extensive business experience, and broad functional expertise, with focus on proactive strategic leadership Responsible for managing multiple units or functions through the direct management of a group of managers.

Necessary Knowledge and Skills

Excellent oral and written communication skills are required In-depth Functional / Industry Knowledge is required Highly flexible and adaptable to change Technical skills / systems knowledge (e.g. PeopleSoft) is required Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment. Leadership and organizational skills are required to direct the activities for the multiple units.

Necessary Experience and Education

A College or University degree and/or relevant proven work experience. 12 - 15 years of operations management experience, preferably in Trust, Wealth Management, Banking, Financial Services, etc. Specific experience managing teams, other managers, functions, etc.

Salary Range

$171,700 - 300,500 USD Salary range is a good faith estimate of base pay.

Benefits

• 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.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

EEO STATEMENTS

APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected under federal, provincial, or local law, regulation, or ordinance.

EMEA EOO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)