Northern Trust

Sr Fiduciary Officer

Northern Trust • $100K — $130K *
Vero Beach, FL 32962In-Person
Finance & Insurance
8 - 10 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • Minimum of 10 years in trust administration or related fiduciary disciplines.
  • Strong fiduciary judgment with advanced relationship management skills.
  • Proven leadership and communication abilities across various stakeholders.
  • Broad knowledge of fiduciary and financial products acquired through extensive experience.
  • Technical understanding of investments, tax, and legal considerations.

Responsibilities

  • Manage a portfolio of wealth management clients and collaborate with service teams to meet client needs.
  • Deliver proactive and responsive client service through effective communication.
  • Lead client discussions using the Goals Driven Wealth Management framework.
  • Create customized, advice-driven solutions based on careful analysis of client goals.
  • Clarify complex fiduciary and planning concepts in simple terms for clients.
  • Maintain awareness of Northern Trust resources to enhance client relationships.
  • Oversee regional fiduciary and risk matters, including compliance and monitoring.

Benefits

  • Ongoing training and development opportunities for fiduciary expertise.
  • Participation in community and professional organizations.
  • Strong emphasis on collaboration and teamwork.
  • Contribution to business development initiatives.
  • Access to Northern Trust's extensive resources and professional network.
Full Job Description
Overview

The Senior Fiduciary Officer, serving as Senior Relationship Advisor, is responsible for the delivery of comprehensive fiduciary wealth management services to complex client relationships while also serving as a senior fiduciary leader for the region. This role combines primary relationship management responsibilities with regional fiduciary oversight, risk management, and advisory leadership, ensuring alignment with Northern Trust fiduciary standards, regulatory requirements, and strategic objectives.

What You'll Do

Client & Relationship Management (Senior Relationship Advisor)
  • Manage an assigned account base of wealth management clients by working in partnership with client service teams, clients, and their professional advisors to develop a thorough understanding of client needs and goals.
  • Deliver responsive, proactive, and client-focused service with appropriate frequency through written and verbal communication, exercising diplomacy, tact, and sound judgment.
  • Lead client conversations under the Goals Driven Wealth Management framework, providing proactive advice related to Northern Trust products and services, emerging planning considerations, and regulatory or tax changes.
  • Combine technical expertise with fact-finding and analysis to develop advice-driven, customized solutions that address client objectives.
  • Explain complex fiduciary, trust, tax, investment, and planning concepts clearly and effectively using non-technical language.
  • Maintain a working knowledge of Northern Trust resources and partner as appropriate to identify opportunities to enhance and deepen client relationships.


Fiduciary Expertise & Risk Management
  • Demonstrate deep knowledge of governing documents, account agreements, fiduciary duties, and applicable laws, including trust and tax law, estate planning techniques, prudent investment principles, asset management, and financial planning.
  • Apply fiduciary judgment and Northern Trust fiduciary standards to administer accounts prudently while identifying, escalating, and resolving fiduciary and risk matters appropriately.
  • Adhere to internal policies, processes, and procedures to ensure effective risk management and compliance with regulatory and fiduciary requirements.
  • Pursue continued development of fiduciary and advisory expertise through training and experience.


Regional Fiduciary Leadership (Senior Fiduciary Officer)
  • Provide regional oversight of fiduciary, compliance, and risk matters, including ongoing monitoring, consultation, and resolution.
  • Serve as a resource to Relationship Advisors on day-to-day fiduciary, trust administration, risk management, and compliance matters, including aspects of Goals Driven Wealth Management implementation.
  • Engage trust counsel and Regional CFO and Advisory Practice Leader, as appropriate, on fiduciary and risk matters.
  • Support implementation of national initiatives and programs and provide fiduciary expertise in business development efforts.
  • Participate in hiring processes for Relationship Advisors and contribute input to performance, compensation, and development discussions, with a focus on fiduciary expertise and adherence to best practices.
  • Participate, as requested, on fiduciary oversight committees, including account acceptance and discretionary action committees.
  • Maintain a balanced, cross-functional perspective across disciplines and regions to reduce risk and improve operational effectiveness.


Leadership & Business Development
  • Contribute to the development of fiduciary strategic plans, establishing goals and priorities aligned with business unit direction and ensuring execution of objectives.
  • Provide leadership and guidance to staff, fostering an environment that promotes collaboration, teamwork, communication, and employee development.
  • Cultivate relationships with referral sources and centers of influence to support new business development.
  • Represent Northern Trust in community and professional organizations, identifying opportunities to showcase fiduciary expertise and thought leadership.


What Will Make You Successful in the Role
  • Strong fiduciary judgment combined with advanced relationship management and advisory skills.
  • Ability to lead complex client conversations and regional fiduciary initiatives with credibility and influence.
  • Demonstrated leadership, communication, and organizational skills across client, advisor, and risk stakeholders.
  • High degree of professionalism, adaptability, and accountability in a regulated fiduciary environment.


Knowledge
  • Broad knowledge of fiduciary and financial products and services, typically acquired through substantial related experience, required to manage complex client relationships.
  • Technical knowledge of investments, tax, legal, and operational considerations, generally acquired through formal education or relevant experience.
  • Thorough understanding of fiduciary standards, principles, and applicable laws and regulations, developed through experience, training, seminars, or formal legal education.
  • Proven skills in negotiation, problem resolution, delegation, and leadership.
  • Strong organizational and leadership capabilities to establish priorities, allocate resources, and assess and develop staff.


Experience
  • Minimum of 10 years of experience as a lead relationship manager in trust administration, estate administration, estate planning, or related fiduciary disciplines.
  • Legal background or commensurate fiduciary experience strongly preferred.


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
Finance & Insurance
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ
NTRS
* Ladders Estimates

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