Sr. HR Business Partner, Asset Servicing

Chicago, IL, United States

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.

Role/ Department: Senior HR Business Partner, Asset Servicing/HR Consulting

The Senior HR Business Partner serves as the primary HR relationship manager with the most senior leadership of assigned business unit(s) or geographies and ensures effective coordination between business clients, HR Consulting Function partners and COEs to strategically deliver HR solutions. Integrates corporate HR strategies and provides HR solutions and support to add value to the business and designated internal clients. Consults with assigned senior managers to interpret and apply corporate human resources programs to the business. Participates in the development, implementation and ongoing feedback/modification of HR programs. The focus of this role is on the future of the organization. The Senior HR Business Partner is part of the leadership in the business and is involved in helping drive business decisions by delivering the appropriate HR support. Uses specific knowledge of a discipline to achieve goals through own work. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Uses expertise to provide guidance to others as a project manager or consultant.

The Key Responsibilities Of The Role Include

Contributes to the development of the business strategy by partnering with business leaders to identify, prioritize and build organizational capabilities, competencies, skills, and processes.

Develops and leads execution of HR strategy, aligned with strategic priorities of assigned business unit(s) or geographies (country/region) on workforce specific issues, including alignment of talent priorities to business strategy.

Utilizes data to proactively identify opportunities for HR to add further value and assess efficacy of programs

Leads all major people initiatives within business units or geographies and drive proactive collaboration with COEs including performance management, total compensation planning, recruitment strategy, engagement and training and development. Supports managers in forecasting, planning and developing their talent pipeline requirements in line with the function/business strategy and employee demographics.

Proactively identifies potential human resources policy or program changes and recommends alternative practices to the appropriate Human Resource area.

Provides expert advice and coaching to senior managers, and employees when appropriate.

Drives change through the business and its HR programs utilizing change management tools.

Directly interacts with the most senior levels of business management and acts as a trusted advisor to senior management by building and establishing effective, consultative relationships.

Builds effective relationships with Sr. HRBPs/HRBPs/Associate HRBPs to stay informed on relevant business trends and people issues and share business strategy and senior management updates related to client groups.

Acts as a liaison between the line and HR COEs to ensure the alignment of internal client needs and HR activities.

Participates in or leads special committees, councils, or projects to strategically develop, implement and administer HR programs and policies for the organization often requiring cross functional HR coordination.

Leads others to solve complex problems

Uses sophisticated analytical thought to exercise judgement and identify innovative solutions

Impacts the achievement of customer, operational, project or service objectives

Work is guided by functional policies

May lead functional teams or projects with moderate resource requirements, risk, and/or complexity

Skills/Qualifications

10 or more years of relevant proven work experience within HR, focused on organizational and leadership skills

Experience working in the Financial Services industry and familiarity with Custody, Banking Operations or Investment Management

Expertise in strategic consulting

Expertise in utilizing data to drive business decisions

Domain expertise in HR policy and process

Exceptional relationship management and communication skills

Deep experience in organizational effectiveness, including workforce planning and org design

Deep financial acumen and innovative thinking

Strategic risk assessment and management

Expertise in conflict resolution

Requires specialized depth and/or breadth of expertise in own job discipline or field

Interprets internal/external business challenges and recommends best practices to improve products, processes or services

Communicates difficult concepts and negotiates with others to adopt a different point of view

Working Model: Hybrid ()

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

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. #MadeForGreater

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 [email protected].

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.

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