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.
Senior Managing Director
About the Role:
This is a high-impact leadership opportunity for a seasoned executive to oversee and grow a large, fast-growing market. The ideal candidate will bring deep expertise in investment management, trust and estate planning, private/business banking, and financial consulting—while leading a multi-disciplinary team focused on ultra-high-net-worth (UHNW) clients.
This role is externally focused, entrepreneurial in spirit, and part of a nimble, fast-moving region identified as a strategic priority by the Business Unit. This is an opportunity to operate within a 135-year-old fiduciary institution with deep capabilities, while enjoying the agility and entrepreneurial energy of a smaller, growth-mode office.
Key Responsibilities
Lead and direct all activities across assigned offices or locations, ensuring alignment with corporate strategy and objectives.
Manage a multi-disciplinary team of wealth advisors, banking and tax professionals, and trust experts delivering bespoke Family Office solutions to complex UHNW families.
Develop and execute strategic plans that support business unit goals and drive market growth, including emerging and expansion markets.
Oversee financial planning, pricing strategies, and capital/expense budgeting.
Champion client service excellence, monitor retention and relationship expansion, and personally address complex or sensitive client needs.
Identify opportunities for market expansion, set sales goals, and participate in strategic presentations and acquisition initiatives.
Resolve highly complex business challenges using advanced critical thinking and commercial insight.
Leadership & Strategic Impact
Provide guidance and mentorship to managers and staff, fostering a culture of accountability and career development.
Apply broad industry knowledge and functional expertise to drive long-term planning and profitability.
Collaborate and negotiate with senior leaders across the organization to influence business outcomes.
Qualifications
Bachelor’s degree required; advanced degree or relevant industry certifications preferred.
Minimum 10+ years of leadership experience in wealth management or related financial services.
Proven ability to lead through subordinate managers and develop long-term functional strategies.
Strong organizational, strategic planning, and communication skills.
Demonstrated success in managing large teams and complex business segments.
Salary Range:
$236,555 - 414,115 USDSalary 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 MyHRHelp@ntrs.com.
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.