Fiduciary Specialist, Foundations & Institutional Advisors

Job Summary The Fiduciary Specialist in Wealth Management Foundation & Institutional Advisors (WM FIA) manages fiduciary and agency client relationships, delivers high‑quality fiduciary services, and collaborates with the Client Advisor team to ensure timely delivery of client service, issue resolution, onboarding assistance, and effective communication of client needs. Duties and Responsibilities Manages assigned WM FIA client accounts, developing a thorough understanding of client needs and goals. Exhibits knowledge of governing documents and account agreements. Exhibits clear knowledge of fiduciary duties and applicable laws and oversight. Provides proactive advice on NT products/services, emerging issues, regulatory/tax changes, and appropriate client actions. Combines technical knowledge with fact‑finding and analysis to develop advice‑driven solutions. Explains complex concepts to clients using non‑technical terminology. Maintains knowledge of NT resources, utilizing fiduciary expertise to identify relationship‑enhancement opportunities. Demonstrates responsive, diplomatic client service with proactive written and verbal communication. Exhibits excellent time‑management skills. Builds and maintains knowledge of NT fiduciary standards, applying judgment to fiduciary relationships. Understands and complies with internal policies and procedures for prudent risk management. Recognizes fiduciary risk issues and seeks appropriate resolution. Commands a strong understanding of and experience with tax‑exempt entities. Participates in forums with other fiduciary specialists in Wealth Management. Teaches, mentors, and supports less experienced partners. Advises FIA Client Advisors on fiduciary issues. Maintains and delivers training programs established by FIA and Fiduciary Risk. Assists with other fiduciary‑related projects and requests as needed. Travels to meet with clients when appropriate for revenue, new business, or servicing needs. Seeks continued development of fiduciary and advisory skills through training and experience. Exercises judgment based on analysis of multiple information sources. Necessary Knowledge, Skills, and Experience Knowledge of fiduciary and financial products/services, acquired through related work experience. Technical knowledge of investments, tax, legal, and operations, acquired through formal education or experience. Knowledge of fiduciary standards, principles, and applicable laws and regulations, acquired through training, seminars, or law school. Skills in negotiating, problem solving, delegating, leadership, and sales. Ability to explain difficult or sensitive information and build consensus. College or university degree and/or relevant proven work experience. 7–10 years of experience in fiduciary servicing or related fields. Ample experience with foundations and charitable entities/institutional trusts is strongly preferred. JD is preferred with solid experience in administering institutional trusts. Salary Range $114,500 - 194,700 USD (base pay estimate). Northern Trust provides a comprehensive benefits package and a discretionary bonus program that may include an equity component. Benefits Comprehensive benefits include 401(k) and pension, medical, dental, vision, spending accounts, disability, paid time off, parental and caregiver leave, life & accident insurance, and other voluntary well‑being benefits. Equal Employment Opportunity Statement Northern Trust is an equal‑opportunity employer that does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, or veteran status. All employment decisions are made in accordance with applicable laws and municipal regulations. Reasonable Accommodation Northern Trust is committed to providing reasonable accommodations for individuals with disabilities. Requests can be submitted via email or phone to the HR Service Center. #J-18808-Ljbffr 001 The Northern Trust Company