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Sr. Asset Manager, Special Assets – Residential Real Estate

Northern Trust Corp, Chicago, IL, United States


Job Description Summary: Responsible for the management of special assets held in trusts, estates, and agency accounts. Responsibilities include taking possession of the asset, coordinating its management, evaluating its investment potential, recommending the investment policy, and assisting in or handling its sales where necessary.

Assigned assets may include highly sensitive account situations and those requiring a high degree of technical knowledge. **Key Responsibilities:**Responsible for the management of special assets held in trusts, estates, and agency accounts. Responsibilities include taking possession of the asset, coordinating its management, evaluating its investment potential, recommending the investment policy, and assisting in or handling its sales where necessary. Assigned assets may include highly sensitive account situations and those requiring a high degree of technical knowledge.

Work with partners, fiduciaries and third parties to make necessary business decisions regarding the asset.

Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities **Experience Required:**7-10 years of experience in the management of special assets preferred.

Subject matter specific knowledge of asset management, investment products and fiduciary matters usually acquired through related work experience or formal training is required.

Analytical, negotiation, organizational, communication and leadership skills are required to effectively manage complex assets and relationships. Accounting and financial analysis skills may also be required. #J-18808-Ljbffr