Northern Trust

Consultant, Global Transitions

CHICAGO, ILPosted 24 days ago

Job summary

  • Job post source

    This job is directly from Northern Trust

  • Job overview

    The Consultant, Global Transitions role at Northern Trust supports operational activities related to new business, transfers, conversions, and restructures for domestic and global clients, ensuring timely and accurate execution within the Global Transitions team.

  • Responsibilities and impact

    The consultant independently manages and oversees transfer and restructure processes, acts as a technical reference, monitors trades and cash movements, leads projects, performs quality checks, and collaborates with internal and external partners to resolve issues and maintain global consistency.

  • Compensation and benefits

    The salary range is $66,700 to $113,300 USD with a comprehensive benefits package including retirement plans (401k and pension), health and welfare benefits, paid time off, parental leave, life and accident insurance, and a discretionary bonus program potentially including equity.

  • Experience and skills

    Candidates should have at least 1 year of consulting experience, preferably with knowledge in transitions, trade processing, FX, custody transitions, and global market settlements; strong analytical, communication, and coordination skills are essential.

  • Career development

    Northern Trust encourages internal movement and offers access to senior leaders, fostering career growth within a stable and innovative financial institution.

  • Work environment and culture

    Northern Trust promotes a flexible, collaborative, and inclusive work environment focused on financial strength, stability, community service, and employee well-being.

  • Company information

    Northern Trust is a Fortune 500 financial institution with over 130 years of experience, serving sophisticated clients globally with innovative financial services and technology, employing over 22,000 partners.

  • Team overview

    The role reports to the Team Leader of the NA Global Transitions team and involves working with a large, multi-location team focused on global consistency and operational excellence in transitions.

  • Unique job features

    The position involves complex, high-profile transition activities, ownership of multiple processes, and opportunities to lead projects and train staff, distinguishing it with significant financial and client impact responsibilities.

Company overview

Northern Trust Corp. is a leading financial services company specializing in wealth management, asset servicing, asset management, and banking solutions. Founded in 1889 and headquartered in Chicago, Illinois, it generates revenue through fees from asset management, custody services, and banking operations. The company is known for its strong emphasis on technology and innovation, providing tailored financial solutions to individuals, institutions, and corporations globally. Notably, Northern Trust has a long history of stability and a reputation for exceptional client service, making it a respected name in the financial industry.

How to land this job

  • Tailor your resume to highlight your expertise in global transitions, including Transfers Between Accounts, portfolio restructures, and FX deal booking, emphasizing your operational support skills and knowledge of custody transitions and settlement procedures.

  • Showcase your ability to work independently while managing complex transition events and your experience liaising with internal and external partners to resolve client issues, demonstrating strong analytical and communication skills.

  • Apply through multiple channels such as Northern Trust's corporate careers page, LinkedIn, and other major job boards to maximize your application visibility for the Consultant, Global Transitions role.

  • Connect with professionals in Northern Trust's Global Transitions or CTAS divisions on LinkedIn; initiate conversations by referencing recent company news, asking about team culture, or inquiring how they handle specific transition challenges to break the ice.

  • Optimize your resume for ATS by incorporating keywords from the job description like 'Transfers Between Accounts,' 'FX deals,' 'portfolio restructure,' 'global custody transitions,' and 'settlement cycles,' ensuring your resume passes automated screenings.

  • Use Jennie Johnson's Power Apply feature to automate tailored applications, identify the best platforms to apply through, and discover LinkedIn contacts in the relevant Northern Trust teams, allowing you to focus your time on networking and interview preparation.

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