Registered Associate II

Chicago, IL - USA

Monthly Salary: $ 67500 - 111500

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

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.

Registered Associate II

Under general supervision the Registered Associate is responsible for managing client relationships of one or more Financial Advisors. The associate acts as a liaison between clients Financial Advisors and internal partners to respond to client needs and/or requests. Utilizes an understanding of the investment industry and relevant financial markets to provide exceptional customer service and support development of investment strategies based on individual client objectives and market trends. Uses specific knowledge of a discipline to achieve goals through own work. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Uses expertise to provide guidance to others as a project manager or consultant. Requires working knowledge and experience in own job discipline. Continues to build knowledge of the company processes and clients. Performs a range of assignments related to job discipline. Uses prescribed guidelines or policies in analyzing situations. Receives a moderate level of guidance and direction.

The key responsibilities of the role:

Responsible for day-to-day client servicing. Includes account opening account servicing and maintenance as well as trade execution. Onboards new client relationships through correspondence reports new account paperwork and advisory agreements.

Supports Financial Advisor(s) in the process of evaluating investment objectives to provide guidance to clients as appropriate given risk tolerance income needs and current market environment.

Builds relationships with Financial Advisors internal and external business partners and clients by delivering exceptional proactive service.

Works with internal partners (Sales Operations Management or other relationship managers) to respond to client needs/requests.

As subject area expert to other associates and advisors providing comprehensive in-depth consulting and leadership to team and partners at a high technical level.

Maintains relevant client information in Client Relationship Management system.

Organizes and maintains client records in accordance with firm industry and regulatory compliance.

Carries out activities that are large in scope cross-functional and technically challenging.

Role is balanced between high-level operational execution and development and execution of strategic direction of business function activities.

Responsible for direct interaction with different committees and/or management.

Strategic in developing implementing and administering programs within functional areas.

Solves problems in straightforward situations.

Analyzes possible solutions using technical experience and judgment and precedents.

Impacts quality of own work and the work of others on the team.

Works within guidelines and policies.

Qualifications

A College or University degree is preferred.

FINRA Securities Industry Essentials Exam (SIE) Series 7 and series 66 licenses are required or ability to acquire within 90 days.

Two or more years working in a client facing service role in the brokerage investment advisory or financial services environment is preferred.

Acts as a resource for colleagues with less experience.

Provides informal guidance and training to new team members.

Excellent analytical verbal and written communication skills are required.

Thorough knowledge of investment products through prior work experience is required (stocks bonds mutual funds options).

Organizational skills and the ability to prioritize are essential.

Technical skills / systems knowledge (e.g. Microsoft Office Wealthscape Morningstar Analytics Thomson ONE are recommended.

Requires expanded conceptual knowledge in own job discipline.

Understands key business drivers; uses this understanding to accomplish own work.

Explains complex information to others in straightforward situations.

In office

This is an office-based position and for the effective performance of this role the duties and responsibilities must be carried out onsite.

50 S. Lasalle Chicago IL 60603

#LI-LG1

Salary Range:

$67500 - 111500 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:

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...