Northern Trust

Team Leader - Benefit Payments

Location
Chicago, IL
Salary
Unspecified
Posted
05 Nov 2024
Closes
05 Dec 2024
Ref
R121484
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

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 world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Team Leader - Benefit Payments

The successful candidate will have management responsibilities for a team of Benefit Payment team representatives. This individual is responsible for the assignment of work to the Benefits Payment team that provides taxation advice to clients and partners relating to tax and retirement planning, trust, and/or investment products.

Major Duties:

  • Responsible for workflow distribution and the effective use of resources within the team.
  • Provide on the job technical training and coaching for all team members and brief staff regularly on issues relating to work carried out by the team and new initiatives.
  • Ensure that clear resolution of client escalations are provided regarding benefits payment products, taxation, and retirement planning.
  • Carries out complex activities with significant financial, client, and/or internal business impact.
  • Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
  • May have direct interaction with committees and/or Senior Management.
  • Able to facilitate discussions and reach decisions.
  • Conducts performance management and career development processes, and staffing and disciplinary actions.
  • Provides input and support to budget management process.

Experience and Abilities:

  • A College or University degree and/or some relevant work experience is preferred.
  • Leadership and organizational skills are needed to prioritize assignments and provide feedback to staff.
  • Related Industry qualification / or studying towards, is preferred.
  • Excellent oral and written communication skills are required.
  • Analytical and problem-solving skills are required.
  • Ability to set priorities and manage deadlines, escalating issues where necessary.
  • Good team player, self-starter, flexible, with the ability to work under pressure with minimal supervision.

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.

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 MyHRHelp@ntrs.com.

We hope you’re 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.

For further information, and to apply, please visit our website via the “Apply” button below.

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