Northern Trust Posts RFP Specialist Job With Salary up to $111,500

Northern Trust posted an open position for an RFP specialist, offering a base salary ranging from $67,500 to $111,500 USD.

Founded in 1889, the wealth management firm manages business bids and client retention efforts through its specialized Request for Proposal team.

The position requires preparing new business questionnaires and proposals for prospective clients, which include sovereign wealth funds, pension funds, insurance companies, investment managers, and corporations across multiple fund types. Supported services cover global custody, investment accounting, fund accounting, transfer agency, middle office outsourcing, risk and compliance, performance measurement, cash management, securities lending, and transition management.

Major duties outlined in the listing include managing the RFP and questionnaire response process from initial kick-off through final delivery, partnering with subject matter experts, Sales, and Relationship Management teams, researching and preparing responses via the RFP content database, and tailoring standard answers for individual clients and prospects.

The role also involves thoughtfully using AI and other tools to improve efficiency while preserving accuracy, maintaining current content within the database, researching new product and service content opportunities, and reviewing existing material to strengthen consistency and readability.

Required qualifications consist of excellent written English skills, strong project management and organizational abilities, capacity to handle conflicting priorities in a deadline-driven environment, professional communication skills, ability to interpret dense documents, and strong Microsoft Word skills, with PowerPoint and Excel experience noted as a plus. While RFP, financial services, and project management experience are described as beneficial, they are not essential.

The posted salary range serves as a good faith estimate of base pay. The global firm provides a comprehensive benefits package featuring retirement benefits including a 401(k) and pension, health and welfare benefits covering medical, dental, vision, spending accounts, and disability, alongside paid time off and parental provisions.

Northern Trust operates with over 24,000 partners and more than 135 years of financial experience, guiding successful individuals, families, corporations, and institutions worldwide under its foundational principles of Service, Expertise, and Integrity.