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Relationship Manager Salary in Illinois, USA

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About Northern Trust: 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.SUMMARY The Relationship Manager, Consultant Relations reports to the Senior Relationship Manager within Asset Servicing Americas Consultant Relations and works closely with external consultants and internal departments at Northern Trust. The role is focused on developing consultant relationships, keeping consultants informed of Northern Trust strategy, products, and capabilities and serving as an additional point of escalation for Sales and Client Servicing partners. The role requires frequent communication with external and internal stakeholders.MAJOR DUTIES Serve as primary point of contact for external consultants; including investment consultants, OCIO providers, management and operations consultantsKeep consultants informed of Northern Trust products, capabilities, strategy and enhancements Organize and prepare consultant meetings and presentations, including logistics, materials, prep sessions, and call notesPrepare strategic calling plans and consultant profiles for each providerExternal and internal point of escalation for consultant issues and/or inquiries working with internal Sales and Client Servicing partnersWork closely with internal Consultant Relations colleagues across other regions and business units, including Northern Trust Asset Management and Capital MarketsRespond to consultant annual RFPs and related questionsCompile data, metrics, statistics and reports as neededPlan and execute on consultant-focused mailing campaigns and eventsGather, evaluate, and communicate competitive and market intelIdentify and recommend processes to gain efficiencies and improve best practicesExercise judgment based on the analysis of multiple sources of informationManage ad hoc projects alongside daily job responsibilities including Asset Servicing Technology ChampionKNOWLEDGE / SKILLS Knowledge of Northern Trust organization, products, and servicesA deep understanding of Northern Trust fund service capabilities, specifically administration and middle officeAbility to foster strategic consultant relationshipsWell-developed interpersonal, written, and verbal communication skills are required to interact with internal and external partiesApplies best practices to all tasks with a commitment to excellenceEmploys creative solutions to improve efficiency and team executionIs aware of the competition and the factors that differentiate Northern Trust in the market.Explains difficult or sensitive information; works to build consensus.Should be able to work independently and manage multiple, time sensitive itemsFlexibility, adaptability, and attention to detail are essential personality traits.Proficiency with Dynamics CRM toolAble to travel to consultants as neededExpert understanding of related computer applications, including Excel, Word, PowerPoint, are preferredEXPERIENCE REQUIRED Minimum of 3+ years of related experienceMay lead significant projects with manageable risks and resource requirementsPrior external-facing experiencePrior fund service capabilities knowledge and/or experience, specifically administration and middle-office 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. #MadeForGreaterReasonable 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 [email protected] .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.
Sr. Relationship Manager - Global Family Office (GFO)
Northern Trust, Chicago
About Northern Trust: 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.Job Title: Senior Relationship Manager, GFOAbout Global Family Office:The Global Family & Private Investment Offices team ("GFO") is a sales and client servicing group, within the Wealth Management division, specifically dedicated to supporting ultra-high net worth individuals and families (>$500m of investable assets), their charities and foundations. Given their wealth, these families act like institutions but require a personal and high touch approach, as well as the highest level of discretion. Our families wealth is mixed in nature with some being multi-generational inherited wealth and some being new entrepreneurial wealth. With the diversity of their investments, they often utilize a broad range of products and services from Northern Trust including asset servicing (custody), investment advisory, fiduciary, fund accounting and administration, investment management and banking/credit.Job Description Summary:Responsible for acting as our Clients Lead Relationship Manager, being a technical and industry expert in managing complex multi-generational wealth management relationships. Anticipates and identifies opportunities for expanding business relationships. Acts as key consultant to senior client contacts and assisting in policy or process redesign.Major Duties :Acts as the technical/industry expert in managing the delivery of trust and custody services, identifying and analyzing client needs, recommending improvements, and assessing the impact of any newly recommended or additional financial services.Acts as key consultant to senior client contacts, assisting in formulation of policy recommendations, redesign of processes, and creative problem solving.Facilitates strategic planning sessions to develop additional solutions to client needs.Anticipates or creates opportunities for enhancing client relationships through additional services or increased consulting activities.Manages complex trust and custody client relationships.Ensures overall client satisfaction by facilitating efforts of service team, coordinating resources to ensure timely delivery and issue-resolution, and effectively communicating client concerns/needs to partners.Educates client on emerging Issues, regulatory and tax changes, and the general financial environment.Translates the impact on client activities and how it relates to bank services.Identifies additional bank services and solutions and leads the development of new solutions to client needs.Coordinates presentations, brings in experts when appropriate, closes the sale, ensures smooth delivery of new services, and communicates emerging needs.Manages and understands that drivers of client profitability and drives increased margins.Understands the competitive environment and anticipates and identifies opportunities, develops pricing strategies, and works with team to enhance profitability.Recommends new services with an awareness of organizational implication of these decisions.Knowledge :Knowledge of trust and asset servicing is required to manage complex Single Family Office client relationships.Knowledge of general finance and portfolio management concepts usually acquired through formal education or experience is needed to consult on client needs.Skills in negotiation, leadership, delegation, and sales are necessary to service the client relationship.Experience :10-15 years in financial servicing; minimum 5 years in trust and asset services. 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. #MadeForGreaterReasonable 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 [email protected] .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.
WM Asset Servicing Relationship Manager
Northern Trust, Chicago
About Northern Trust: 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. WEALTH MANAGEMENT ASSET SERVICING RELATIONSHIP MANAGER OH: R123663Major Duties:Acts as the technical/industry expert in managingthe delivery of master trust and custody services,analyzing client needs, recommending improvements,and assessing the impact of any newly recommendedor additional financial services.2. Acts as key consultant to senior contacts, assistingin formulation of policy recommendations, redesignof processes, and creative problem solving.3. Facilitates planning sessions to develop newsolutions to client needs. Anticipates or createsopportunities for enhancing client relationships.through new products or services or increasedconsulting activities.4. Manages complex master trust and custody clientrelationships.5. Ensures overall client satisfaction by facilitatingefforts of service team, coordinating resources toensure timely delivery and issue-resolution, andeffectively communicating client concerns/needsto partners.6. Educates client on emerging issues,regulatory and tax changes, and the generalfinancial environment. Translates the impacton client activities and how it relates to bankservices.7. Cross sells bank products/services andleads the development of new solutions toclient needs. Coordinates presentations,brings in experts when appropriate, closesthe sale, ensures smooth delivery of newservices, and communicates emerging needs.8. Manages client profitability. Understandscompetitive environment and anticipates andidentifies opportunities, develops pricingstrategies, and works with team to enhanceprofitability.9. Recommends new services and productswith an awareness of organizational implicationof these decisions.The successful candidate will benefit from having the following competencies:Knowledge of trust and asset services and business segment-specific issues usuallyacquired through work experience is required to manage complex client relationships.Knowledge of general finance and portfolio management concepts usually acquired through formal education or experience is needed to consulton client needs.Skills in negotiation, leadership, delegation, and sales are necessary to service theclient relationship.10-15 years in financial servicing; minimum 5 yearsin trust and asset services. 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. #MadeForGreaterReasonable 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 [email protected] .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.
Relationship Manager, HFS
Northern Trust, Chicago
About Northern Trust: 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.Major Duties :1. Responsible for managing a Middle Office Asset Servicing group within Hedge Fund Services. \n\n2. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise.\n\n3. Focus of role is on execution of strategic direction of business function activities.\n\n4. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues.\n\n5. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.\n\n6. Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff.\n\n7. Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.\n\n8. Provides input and support to budget management process.\n\nKnowledge :Excellent oral and written communication skills are required\nIn-depth Functional / Industry Knowledge is required\nHighly flexible and adaptable to change\nTechnical skills / systems knowledge is required\nLeadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.\n\nExperience :A College or University degree and/or relevant proven work experience is preferred. Related Industry qualification (e.g. ACCA) is preferredSalary Range:$83,100 - $112,200Salary range is an estimate of base pay. Northern Trust provides a comprehensive benefits package, including retirement and pension plan contributions, health and welfare benefits, paid time off, parental and caregiver leave, life insurance, and other wellbeing benefits .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 [email protected] .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.
Health & Benefits Partner Relationship Manager (Remote)
Inspira Financial Trust, LLC, Oak Brook
Take the next step in your journey at Inspira Financial. You will help businesses and individuals thrive today, tomorrow, and into retirement. Become part of a company that is people centric and client obsessed in every interaction; a community of forward-thinking individuals focused on driving results to deliver our mission with an unwavering commitment to integrity. Join us as we strengthen and simplify the health and wealth journey relentlessly pursuing better outcomes for all. We believe in finding the best talent! While some roles are based at one of our office locations, remote roles can sit in any of the following states: AL, AZ, FL, GA, IA, IL, IN, MI, MN, MO, NC, NE, PA, SC, TN, TX, UT, VA and WV. Remote status and role locations are subject to change. Relocation is not provided. Dont meet every single requirement? Here at Inspira Financial, we believe there is no perfect candidate and want to encourage applying even if all the requirements listed arent met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Inspira Financial is the place for you! We look forward to receiving your application! Check out this Inspira Financial video to learn more about our company! HOW YOU WILL SOAR: The Partner Relationship Manager will report to the Head of Channel Partnerships in the Channel Partnerships Department Health and Benefits Division. This role is responsible for assisting the Managing Director in managing business relationships with recordkeepers, consultants and other channel partners. This position will assist in on-boarding large opportunities and will maintain these institutional relationships. This position will be expected to grow these relationships and communicate on the status with the Managing Director, Sales Directors, and other appropriate team members. The primary responsibilities of this role include managing our institutional relationships, strategic plans to expand relationships, projects, and client communications, coordinating the on-boarding of new large relationships, and working closely with Legal, Operations and Technology as well as with the Sales Managers and Sales Coordinators. Coordinate activities around institutional partner relationships such as recordkeepers, consulting firms, and other channel partner Receive and provide communication internally and externally regarding client deliverables Work with institutional partners to expand business Organize client conference calls and meetings with salespeople to determine client needs and then outline and implement project plans Participate in internal meetings to identify and document tasks to be completed, then design and coordinate/implement project plan Partners with representatives from Technology, Legal, Operations and Client Service Other duties as assigned IF YOU HAVE SOME OR ALL OF THE FOLLOWING, APPLY: 7-10 years of experience in account management or partner relationship management Bachelors degree or equivalent in Business, Communications, Marketing or related field Strong interpersonal skills Strong written and verbal communication skills Strong planning, organizational and analytic skills combined with task and time management skills Comfortable liaising with various individuals at all levels of the business both internally and externally Demonstrate proactive, problem-solving, decision-making and client contact skills Strong computer aptitude with proficiency in Microsoft suite of products. Familiarity with Salesforce Previous experience in IRAs and/or Retirement Plan Industry preferred Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 7 million clients, representing over $62 billion in assets, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, emergency savings funds, custody services, and more. Learn more at inspirafinancial.com . We have been recognized for our remarkable growth on lists such as Crains Fast 50 and Inc. 5000, and for our outstanding workplace culture and benefits with Built Ins 2023 Best Places to Work and Gallaghers 2022 Best-In-Class Employer awards.