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Northern Trust

Portfolio Banking Advisor

Career Insights for Financial Relationship Manager

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What they do

A Financial Relationship Manager maintains existing and develops new relationships with partner firms and customers for a financial services company. Acts as point of contact for clients to answer any questions on financial services and provide advice.

$157,077 / year median in New York

-3% projected decline

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Job Description

Portfolio Banking Advisor at Northern Trust Portfolio Banking Advisor at Northern Trust in New York, New York Posted in about 22 hours ago.
Type:
Full-Time Job Description:
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.
Major Duties :
  • Manages complex banking, credit and treasury management client relationships and identifies opportunities for investment management and fiduciary services
  • Acts as key contact to client's senior management for evaluation and implementation of financing strategies and treasury management practices through creative ideas and problem solving
  • Communicates with client on emerging issues, bank products/services, and legal/regulatory changes translating the impact on our client's activities and banking services
  • Identifies opportunities and develops an on-going marketing strategy for specific clients.
  • Responds to inquiries from clients and ensures resolution of service or operations issues. Documents in eRM to maintain record of problem and resolution
  • Advises and consults with clients as it relates to Goals Driven Wealth Management
  • Applies in-depth knowledge of credit policy, banking products as well as risk management in providing the best solutions and developing new opportunities
  • Assists borrowers in managing risk, including interest rate risk thru the use special pricing conditions and interest rates Swaps
  • Carries out activities that are large in scope, cross-functional and technically difficult
  • 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
  • Solves complex problems
Knowledge :
  • In-depth knowledge of finance and relevant business segment specific issues are required to manage client relationships
  • Knowledge of applicable industry laws and regulations and completion of the lending program is required to evaluate credit risk
  • Strong interpersonal and consultative skills and ability to develop new business required
  • Excellent oral and written communication skills are required
  • Highly flexible and adaptable to change
Experience :
  • At least 3 years in financial analysis and client servicing experience, or commercial lending or leasing experience
  • Acts as a resource for colleagues with less experience
  • May lead small projects with manageable risks and resource requirements
Salary Range:
$114,540 - 194,580 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 MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.