New Business Specialist

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. The New Business Specialist is responsible for facilitating new sales opportunities. The role involves research, sourcing, profiling prospects, positioning Northern Trust’s capabilities, appropriate placement and introductions to the Service Team. May involve anywhere from minimal to extensive engagement based on prospects’ awareness and interest in Northern Trust capabilities and solutions. The New Business Specialist must maintain current in-depth knowledge of a full range of Wealth Management services (e.g. personal trusts, investment management, financial consulting, estate and tax planning, banking and brokerage) along with knowledge of core solutions in Asset Management and Corporate & Institutional Services. Key responsibilities include: 1. Either supports or takes ownership of prospective client opportunities from internal and external referral source. Referrals may come from all over the country and internationally • Profiles prospect fully, positions Northern Trust’s capabilities and determines appropriate placement on servicing team based on guidelines and knowledge of prospect • Follows up with prospective clients and their advisors to arrange meetings • Presents bank product materials to prospective client or designated liaison (e.g. attorney, CPA, etc.) • Responds to questions, orchestrates RFP responses, develops fee proposals and consults bank partners for additional product/service information when necessary • Conducts additional prospect analysis to further determine services • Initiates and follows through on any request for loan, checking or savings account services by contacting banking and operations areas as appropriate 2. Assist existing Relationship Managers with existing client opportunity expansion as needed. Cross-sells relationship improvement opportunities to existing clients by providing pertinent client update information to partners within appropriate areas of the bank 3. Operates independently; has in-depth knowledge of business unit / function 4. As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level 5. Carries out activities that are large in scope, cross-functional and technically difficult 6. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities 7. Responsible for direct interaction with different committees and/or management 8. Strategic in developing, implementing and administering programs within functional areas 9. Utilizes tools and other resources to source new opportunities and research the competitive market landscape 10. Assists in other key initiatives around partner development, advisor development and internal reporting/presentation The successful candidate will have: • Excellent verbal 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. MS Office, Workday) are required Experience: A College or University degree and/or relevant proven work experience is preferred. 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. 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). Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at , or alternatively you can discuss your individual requirements with the recruiter you are working with.