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Northern Trust

Global wealth management and asset servicing

Senior Account Manager - Banking

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeOakbrook Terrace, IL, USA

About the Job

Requirements

  • Knowledge of banking products and services and internal banking functions.
  • Analytical, problem-solving, and organizational skills.
  • At least 5 years of experience, or equivalent, in financial servicing or accounting fields, with a client servicing background.

Responsibilities

  • Acts as the initial contact for complex client or partner inquiries about banking products and services and assists with creating and implementing complex banking solutions, including treasury management, for new and existing wealth management clients.
  • Assists bankers with internal account administration, business development, and client presentations, including conducting due diligence at the onset of a credit opportunity by gathering financial statements, conducting industry research and basic feasibility analysis, and collecting other credit information required to assess a loan. Acts as a liaison with the National Credit Center at inception and throughout the credit underwriting process.
  • Coordinates with CSST to execute daily client transaction activity and transaction processing, including fees, payments, and borrowing; resolves inquiries; obtains documentation necessary for credit underwriting, monitoring, and credit file maintenance; requests and ensures systems information is up to date; executes client servicing events; and communicates with clients and internal and external partners.
  • Coordinates with the CSST team on deposit-related transaction processing, including account opening, exception clearing, and overdrafts.
  • Oversees development of appropriate action plans for client servicing and coordinates with team members across disciplines to ensure execution and follow-up.
  • Acts as a resource for the relationship servicing team on highly complex wealth management relationships.
  • Develops an understanding of clients’ needs behind service requests and communicates them to service partners. Obtains information from partners and clients to facilitate service changes.
  • Identifies service-efficiency enhancements, process improvements, and service-delivery improvements.
  • Communicates regularly with clients to inform them of account setup or status, past-due loans, document requests, and other information.
  • Develops and maintains working knowledge of loan agreements, financial statements, and other documentation required to monitor client relationships.

About the Company

Northern Trust

Global wealth management and asset servicing

Preparing company summary.

Company size
10,001+
Company stage
IPO
Headquarters
Chicago, IL
Founded
1889

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