Risk and Control Associate -- Wealth Advisory & Trust Practice

Wealth Advisory Consultant

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Experienced, functional area expert with technical and/or business knowledge and functional expertise in Wealth Advisory (wealth planning) or similar area. Responsible for providing comprehensive support to stakeholders to identify and understand Wealth Advisory and overall Advisory Practice business. Works on practice oversight, metrics, risk and control oversight, and overall fiduciary compliance. Serves as a lead consultant for designing business process solutions on large and complex projects or programs. Helps oversee the practice management and compliance for Wealth Advisory and related services to ensure these services are delivered effectively and with appropriate oversight and support, all with a focus on achieving the business results.

Major Duties:

• Provides support to the Wealth Advisory practice, including metrics, practice oversight, risk and control analysis and oversight and compliance with required policies and procedures.
• Work closely with Trust & Advisory COO Team on risk and control issues for both Wealth advisory and core Trust practice.
• Helps manage conflicts, issues and changes to requirements in order to ensure stakeholders and the project team are all in agreement on the solution scope.
• Responsible for managing the business need, refines and clarifies the definition of that need, and designs and produces a solution scope that can feasibly be implemented by the business.
• May oversee the development of the business case, including on technology and other needs.
• Designs and proposes solutions which can best fit the business need, identifies gaps and shortcomings in solutions, and determines necessary work-around or changes to the solution.
• Carries out initiatives that are large in scope, cross-functional and technically difficult and may involve multiple disciplines and/or ambiguous issues.
• Strategic in developing, implementing and administering programs within Wealth Advisory and Trust practices. Role is focused on development and initiative management. Executes on strategic business activities that cross functional lines.

Knowledge:

• Excellent verbal and written communication skills are required.
• In-depth knowledge of business analysis / Industry knowledge is required.
• Highly flexible and adaptable to change.
• Leadership and organizational skills are required to help determine the Business Unit's goals, resources needed, and to help assess and develop the skills of staff.

Experience:

• College or University degree and/or relevant proven work experience is required.
• Demonstrates excellent experience in change initiatives, with a track record of accomplishment in large, complex projects.
• Experience with Wealth Advisory &/or Trust practice work in a financial institution is a plus.

Salary Range:

$95,600 - 162,400 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.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io.

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.