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Open nowPosted today

Senior Banking Director, Wealth Management

Northern Trust633 open roles

Pay
$205,700 – $360,100 a year
Where
Chicago, IL
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Your applicationOpen nowSenior Banking Director, Wealth ManagementNorthern Trust · Chicago, IL
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The clock on this job

Early applications get read.

13.5% of postings close within 7 days. Measured by our own scanner across the market. Northern Trust postings stay open a median of 38 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.6%3 days
  3. 13.5%7 days
  4. 21.8%14 days
  5. 36.6%30 days
  6. 58.9%60 days
This job: posted today

Northern Trust median: 38 days open

The posting

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 world’s 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 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

SENIOR BANKING DIRECTOR, WEALTH MANAGEMENT

NATIONAL LEADER, PROFESSIONAL SERVICES GROUP (PSG)

OH: R162912

Northern Trust is seeking an accomplished financial services leader to serve as National Leader of the Professional Services Group (PSG). This individual will lead the continued growth and evolution of a national business serving leading professional services firms and their partners, principals and senior professionals.

This is a highly visible leadership opportunity combining business building, client development, talent leadership and enterprise collaboration. The National Leader will set the strategy for PSG, expand the business into priority markets, recruit and develop exceptional talent, and personally engage with some of the industry's most successful firms and professionals.

A central opportunity will be connecting Northern Trust's relationships with professional services firms to the broader financial needs of their partners and senior professionals, bringing together banking, credit, liquidity, wealth advisory, investments, trust and other capabilities.

What You'll Do:

  • Lead and grow a national business. Set the vision and strategy for PSG and drive sustainable growth across markets, client segments and capabilities.
  • Be a senior relationship builder. Personally develop significant relationships with professional services firms, firm leaders, partners and centers of influence while helping the broader team originate and deepen relationships.
  • Build the Firm-to-Firm opportunity. Develop scalable strategies that leverage relationships with leading firms to create meaningful banking and wealth management opportunities with their partners, principals and senior professionals.
  • Bring the full organization to clients. Partner across Wealth Management, Banking, Wealth Advisory, Trust, Investments and specialized capabilities to deliver differentiated solutions.
  • Build and lead exceptional talent. Recruit, coach and develop a high-performing national team and create a culture centered on growth, collaboration, accountability and outstanding client service.
  • Expand the national footprint. Identify attractive markets, talent and client segments where PSG can establish or deepen its presence.
  • Drive execution. Establish clear business-development priorities and maintain accountability around client acquisition, pipeline development, loans, deposits, fees and wealth opportunities.
  • Serve as a market leader. Represent Northern Trust with leaders across the professional services community and develop relationships that enhance the firm's presence and reputation.

The combination of personal origination, team leadership and responsibility for growth builds from the underlying Senior Banking Director framework while substantially expanding its national scope.

What We're Looking For

The ideal candidate is a proven business builder and people leader who brings:

  • 10+ years of relevant banking, wealth management, professional services or financial services leadership experience. The underlying Senior Banking Director framework similarly calls for 10+ years of related experience.
  • Demonstrated track record of originating and expanding significant client relationships.
  • Deep banking, credit and liquidity expertise combined with an understanding of the broader needs of high-net-worth clients.
  • Experience with professional services firms, senior professionals and complex client relationships strongly preferred.
  • Proven success recruiting, developing and leading high-performing professionals.
  • Strong executive presence and the ability to build credibility with managing partners, firm leaders, senior executives and centers of influence.
  • A collaborative leadership style and demonstrated ability to mobilize resources across a complex organization.
  • The ability to move seamlessly between strategy and execution, from defining a national growth agenda to personally advancing an important client opportunity.
  • Bachelor's degree required; advanced degree or relevant professional credentials beneficial.

Why This Role

This is an opportunity to build the next chapter of a national Professional Services franchise, leveraging Northern Trust's capabilities and relationships to deepen engagement with leading firms and become a trusted financial partner to the professionals who lead them.

The successful candidate will have the platform to build a business, shape its national strategy, develop its talent and create an increasingly powerful connection between professional services relationships and Northern Trust's broader Wealth Management franchise.

Salary Range:

$205,700 - 360,100 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 Trust’s 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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.

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