Northern Trust

Divisional Sales Manager, Intermediary

Northern Trust$120K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required
  • NASD Series 7, 24, 63 and 65 required
  • 10+ years of intermediary experience, preferably with an established distributor
  • 3+ years of management experience in the financial services sector
  • Exceptional verbal, written, and sales presentation skills

Responsibilities

  • Supervise sales team to ensure high knowledge and service levels
  • Set and monitor performance expectations and sales activity
  • Collaborate with leadership to design competitive distribution strategies
  • Lead training efforts to enhance sales skills and professionalism
  • Utilize business intelligence and sales analytics to drive improvements
  • Ensure effective partnership between external and internal wholesaling teams
  • Attend industry events to engage with clients and assess team performance

Benefits

  • Comprehensive retirement benefits including 401k and pension
  • Health and welfare benefits covering medical, dental, and vision
  • Paid time off as well as parental and caregiver leave
  • Life and accident insurance coverage
  • Discretionary bonus program with potential equity component
Full Job Description
As the Divisional Sales Manager (Intermediary) – Wealth Client Group (WCG), you will you will lead all aspects of the Senior Market Leaders (SMLs) within your division of the Intermediary sales effort including, but not limited to: supervision, recruitment, and training in an effort to drive net organic revenue growth in the Intermediary channel. You will oversee, supervise, manage and develop regional sales team. You will partner with the WCG Leadership group to support the firm’s sales and service initiatives, ensuring the regional sales team has the appropriate levels of knowledge, service, professionalism and activity. You will supervise and conduct performance reviews, manage career development processes, and disciplinary actions to ensure the division meets and exceeds their sales goals. PRIMARY DUTIES: • Supervise members of the sales team assuring appropriate levels of knowledge, service and activity. • Set expectations, implement activity standards and monitor call activity, including inbound, outbound and campaign-focused calls. • Partner with National Sales Manager and WCG Leadership to design and implement distribution strategy. • Spearhead training effort to develop selling skills, professionalism and effectiveness. • Partner effectively to deploy business intelligence, sales analytics, and new technologies (including AI capabilities, CRM system, telephone system, etc.) to continuously improve and evolve. • Ensure external wholesaling team (SMLs) partner effectively within WCG, and especially with their respective internal wholesalers (Market Associates), to achieve our collective goals. • Organize all aspects of recruiting for your division (SMLs), partnering with National Sales Manager and NTAM’s internal Recruiting team. • Attend industry conferences/events to directly engage with our clients and prospects, as well as, observe and evaluate your direct reports. • Identify implementation opportunities and marketing/collateral needs, that will help drive adoption and usage of NTAM’s capabilities. • Report weekly activities, accomplishments, and opportunities through the Salesforce.com CRM, as well as, interact on a consistent bases with WCG leadership. • Be a contributing member of a team that thrives on partnership, innovation, and execution. • Manage division’s T&E budgets • Travel to observe and coach your SMLs at least twice a year with a goal of four times a year REQUIRED EXPERIENCE/KNOWLEDGE: • BA/BS degree required • NASD Series 7, 24, 63 and 65 required • MBA, CIMA, CFP and/or CFA certification preferred • 10+ years of intermediary experience with an established ETF, mutual fund, SMA, etc. distributor • 3+ years of management experience, preferably with an established ETF, mutual fund, SMA, etc. distributor • Proven understanding and implementation of competitive analytics and analysis and a high adoption rate to new technologies. • Exceptional verbal, written and sales presentation skills • High energy, motivated individual, commitment to excellence • Ability to work in a team environment is critical • Be present in Chicago HQ office on at least a quarterly basis (week at a time) • Clean U-4 Salary Range: 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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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