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Custody, Client Service

Northern Trust


Job Location:

Chicago, IL - USA

Yearly Salary: USD 66700 - 113300
Posted: 23 October 2026 (18 hours ago)
Application Deadline: 20 January 2027
Vacancies: 1 Vacancy

Job Summary

About Northern Trust


As a global leader in innovative wealth management asset servicing asset management and banking services Northern Trust (Nasdaq: NTRS) is proud to guide the worlds most successful individuals families corporations and institutions.


Since 1889 we have aligned our efforts with our three guiding Principles That Endure: Service Expertise and Integrity. Together they reflect the three cornerstones of business conduct which we strive to instill in our employees whom we call partners and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.



Custody Client Service Consultant


Job Profile Summary


The Consultant plays a critical role in delivering exceptional client service and operational excellence within Asset Servicing. Supporting investment manager and fund company relationships the role operates in a fast-paced complex environment that requires strong custody knowledge sound judgment and effective risk management.


As a Consultant you will serve as a trusted point of contact for assigned client and investment manager relationships resolving complex inquiries coordinating solutions across internal partner groups and driving sustainable service improvements.


You will also serve as a technical resource for the service team supporting the development of junior partners promoting consistent servicing practices and contributing to initiatives that enhance the custody service model.


Major Duties


  • Serve as a primary point of contact for assigned GFS client and investment manager relationships developing a thorough understanding of each relationships servicing requirements operating model and priorities.
  • Deliver exceptional client service through proactive oversight of daily custody activities.
  • Manage complex inquiries and escalations by applying custody expertise across cash and securities activity settlements income and corporate actions and other custody functions in line with established policies and procedures.
  • Coordinate with Custody Operations Fund Accounting Transfer Agency Investment Operations Product Technology and other internal partners as applicable to resolve client and investment manager needs.
  • Build strong working relationships with clients client-appointed investment managers and internal partners to drive process improvements and service enhancements.
  • Serve as an escalation point and technical resource for Client Service Representatives and other team members on complex or time-sensitive matters.
  • Support onboarding training and cross-training across the service team to strengthen coverage and build broader custody expertise.

Knowledge and Skills


  • College or university degree and/or 3 years of relevant experience in financial services custody asset servicing investment operations or client servicing.
  • Experience working across operational and functional teams to deliver client solutions and resolve service issues.
  • Exposure to process improvement operational transformation automation or technology enhancement initiatives preferred.
  • Experience training mentoring or providing technical guidance to less experienced team members preferred.
  • Strong understanding of global custody securities processing and cash operations.
  • Excellent communication skills with the ability to explain complex operational matters clearly to clients and stakeholders.
  • Strong analytical and problem-solving skills with the ability to identify root causes evaluate risk and drive resolution.
  • Strong organizational skills with the ability to prioritize in a high-volume deadline-driven environment.
  • Ability to work independently exercise sound judgment and act with urgency.
  • Ability to adapt to changing client needs market practices and technology.

#Hybrid

Salary Range:

$66700 - 113300 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.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B L-1 TN O-1 E-3 H-1B1 F-1 J-1 OPT CPT or any other employment-based visa).


Working with Us


As a Northern Trust partner you will be part of a flexible and collaborative work culture which has a strong history of financial strength and stability. Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trusts history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at or alternatively you can discuss your individual requirements with the recruiter you are working with.



About Company

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Guided by founding principles of service, expertise and integrity, our experts help the world’s most successful individuals, families and institutions achieve their goals.

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