Northern Trust

Manager, Business Process Mgmt

Northern Trust$171K — $300K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • College or University degree and/or relevant proven work experience.
  • 12-15 years of operations management experience in Trust, Wealth Management, Banking, or Financial Services.
  • Experience managing teams and subordinate managers.
  • In-depth functional/industry knowledge required.
  • Strong technical skills and systems knowledge necessary, especially in platforms like PeopleSoft.

Responsibilities

  • Lead the National Client Support Services operations team across Private Wealth Management services.
  • Manage multiple functions and provide strategic direction for business activities.
  • Conduct end-to-end process analysis and design to enhance operational performance.
  • Integrate new processes with existing structures to drive change and efficiency.
  • Liaise with various business functions to improve operational efficiency and effectiveness.
  • Oversee performance management and career development programs for the operations team.

Benefits

  • 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 and accident insurance.
  • Discretionary bonus program that may include an equity component.
  • Voluntary and well-being benefits.
Full Job Description

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. 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).

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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