drjobs Institutional Distribution Executive

Institutional Distribution Executive

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 137400 - 233600

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.

Position Summary:

The Institutional Distribution Executive will be focused on servicing and driving new business from institutional investors including public and private retirement plans and Taft-Hartley plans as a member of the US distribution team. The successful candidate will be responsible for direct sales and will also include managing the ongoing relationships for select existing clients.

The successful candidate will develop a strategic plan for the acquisition of new and retention of existing institutional assets and revenue for the firm. He/she will enthusiastically execute on the plan to coordinate sales and servicing efforts in collaboration with other distribution colleagues and across multiple assets classes.

Important to the role are leadership coordination collaboration and communication within the distribution team and with the investment teams. An articulated sales process that has resulted in a quantifiable track record of institutional sales success to institutional investors is essential. The successful candidate will have an exceptional record of management and sales through the establishment of client relationships with senior level buyers at the CFO CIO and Trustee levels.

The Institutional Distribution Executive will have the ability to successfully represent a broad range of asset classes from traditional strategies to alternatives. She/he will be adept at executing on a sales plan. She/he will work closely with the domestic and global distribution teams as well as with the investment and other internal teams such as legal compliance and operations. She/he will play a vital role in continuing to enhance the proactive presence of NTAM with a driven entrepreneurial and innovative mindset executed in a highly collaborative manner.

The successful candidate will be a critical addition to the distribution team and is expected to be a significant driver of NTAMs continued growth in the US institutional market.

Major Responsibilities

  • Develop a clear understanding of the particular investment solution needs and interests of US institutional investors.
  • Develop relationships to drive ongoing business development opportunities within a defined geographic territory with institutional investors.
  • Promote the investment capabilities of NTAM via a consultative solutions-oriented approach. Support the gathering and retention of AUM for customized strategies.
  • Identify execute and close new institutional business for NTAM.
  • Develop strong relationships with key decision makers in target markets. Intimately understand the needs of these clients as a solution provider.
  • Effectively build close collaborative relationships with key internal stakeholders including: other distribution teams investment teams the product team the marketing team and other relevant team members.
  • Support the development of presentation/communication/marketing materials RFP content etc. used in support of opportunities.
  • Advance the reputation and market awareness of NTAMs institutional capabilities.
  • Work collaboratively across the organization to raise assets and coordinate communication across various business units. She/he will also serve as a mentor to other colleagues.

Qualifications

The successful candidate will have the ability to acquire new assets on behalf of NTAM. The ideal candidate will be a leader strong business developer and relationship manager and will be a business partner to her/his colleagues as they increase the firms overall client base. She/he will be result-orientated and passionate about contributing to the firms growth with a desire to succeed. Partnering effectively and constructively and working collaboratively across the organization.

The Institutional Distribution Executive will have a positive attitude and be excited by the prospect of contributing to NTAMs success beyond the definition of their position. The successful candidate will ideally have the following experience and qualifications:

  • Highly regarded and proven asset management sales leader with a minimum of 10 years of industry experience managing a team and leading a best-in-class distribution effort.
  • Extensive knowledge of the North American institutional markets.
  • Possess strong technical and professional skills experience and knowledge in position-related areas and be up-to-date on current developments in the asset management industry.
  • Exceptional leadership relationship and interpersonal skills with ability to interact effectively with portfolio managers portfolio specialists sales and client service professionals and institutional clients and consultants.
  • An established track record of sales results and strategic and operational excellence in business development roles.
  • Successful experience actively contributing to the enhancement and execution of a new business development effort via direct institutional sales.
  • Results orientated with a high degree of professional and corporate responsibility.
  • Demonstrable capability to construct and implement strategic planning and the provision of consistent and effective management information.
  • Ability to conduct discussions with clients to understand their needs and to develop ideas for new client acquisition.
  • Ability to present complex concepts to a wide range of audiences in a consultative solutions-focused manner.
  • Sound commercial acumen and the ability to build and develop relationships both internally and externally.
  • Possess a high level of personal integrity and a passion for achieving results in a competitive environment.
  • Maintain a high energy level and the drive to succeed coupled with the poise and temperament necessary to work effectively in a team environment.
  • Ability and willingness to travel.

Salary Range:

$137400 - 233600 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.

Employment Type

Full-Time

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