drjobs Process Optimization Specialist - Wealth Management

Process Optimization Specialist - Wealth Management

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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 114700 - 194900

Vacancy

1 Vacancy

Job Description

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Job Title: Process Optimization Specialist

At Northern Trust we empower our partners with the resources support and opportunities to achieve their full potential. We are committed to individual career development and growth encouraging movement within the organization and providing access to senior leaders. Join us in strengthening the communities in which we live and work.

The Process Optimization team part of the Wealth Management (WM) Office of the Chief Operating Officer (OCOO) collaborates with teams across Wealth Management to identify prioritize and execute process optimization opportunities. These initiatives drive measurable benefits to the Wealth Management organization.

We are seeking an experienced and strategic Process Optimization Specialist to advance our enterprise-wide process improvement efforts. Working closely with the Process Optimization Manager you will execute our process optimization strategy lead key initiatives and support prioritization across our growing project portfolio. The ideal candidate has a proven track record of delivering complex process initiatives influencing across teams and identifying new opportunities aligned with long-term strategic goals.

Responsibilities:

  • Lead high-impact process optimization initiatives focused on efficiency risk reduction and client experience.

  • Collaborate with the Process Optimization Manager to develop and execute strategic improvement plans and a multiyear process roadmap.

  • Manage the execution of the process optimization project portfolio ensuring timely delivery with measurable value.

  • Coordinate and execute planning and initiatives with partners across Wealth Management.

  • Evaluate proposed initiatives against business objectives capacity and readiness to support portfolio prioritization.

  • Develop process governance documentation standards and performance metrics.

  • Provide transparency into initiative progress risks and results through reporting and stakeholder communication.

  • Identify and recommend new optimization opportunities to improve the Client and Partner experience.

  • Conduct in-depth analyses create process maps and define KPIs to measure success and impact.

  • Facilitate workshops and lead cross-functional workstreams to drive engagement and alignment.

  • Adopt a team-based approach to process re-engineering with a focus on results.

Qualifications:

  • Bachelors degree required; Masters preferred (Business Operations Engineering Finance or related field).

  • 10 years of experience in process improvement operational excellence business transformation or strategy executionpreferably within financial services.

  • Lean Six Sigma Green Belt and/or Black Belt preferred.

  • Proven success in optimizing processes across business teams.

  • Familiarity with portfolio or program management tools (e.g. Smartsheet Jira).

  • Proficiency in process mapping and design tools (e.g. Visio Signavio).

  • Exceptional communication stakeholder engagement and facilitation skills.

  • Strong analytical and strategic thinking capabilities.

  • Courage to challenge the status quo.

Salary Range:

$114700 - 194900 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.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .


We hope youre 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.


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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