Sr. HR Business Partner, Wealth Management

Chicago, IL, United States

Sr. HR Business Partner, Wealth Management page is loaded Sr. HR Business Partner, Wealth Management Apply remote type Hybrid locations Chicago, IL time type Full time posted on Posted 12 Days Ago job requisition id R122183 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, Wealth Management/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 preferred.

• 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

The successful candidate will benefit from having:

• Experience working in the Financial Services industry and familiarity with Wealth Management, Banking or Investment professionals preferred.

Working Model: Hybrid (#LI-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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A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.

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