Northern Trust Jobs & Careers in Chicago, IL

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30+ days ago

Senior .Net Architect/Developer

Northern Trust Chicago, IL

The Internal Reporting Division has a unique and exciting opportunity available for a highly motivated architect/developer with .Net expertise to… Beyond.com


30+ days ago

BPM Developer

Northern Trust Chicago, IL

Northern Trust is looking for a proven developer to be part of the BPM team. You will be given the opportunity to learn the IBM WebSphere BPM… Beyond.com


30+ days ago

Enterprise Information Architect

Northern Trust Chicago, IL

The Enterprise Information Architect leads the development of Northern Trusts data strategy and is accountable for establishing and promoting the… Beyond.com


30+ days ago

Service Oriented, Middleware Engineer

Northern Trust Chicago, IL

Responsible for infrastructure engineering of Service Oriented Middleware deployments that support complex and essential web services across the… Beyond.com


30+ days ago

Oracle SOA Developer

Northern Trust Chicago, IL

Northern Trust's Global Cash and Messaging Services team is looking for a senior technical expert who can participate in the design and development… Beyond.com


30+ days ago

Senior Consultant, Change Management Execution (AMU)

Northern Trust Chicago, IL

Under general direction, responsible for developing a plan and monitoring the activities that are necessary to complete a business analysis effort… Beyond.com


30+ days ago

Manager, Applications (Trading Services)

Northern Trust Chicago, IL

Responsible for managing applications team resources, assigning and overseeing employee project members and external technology contractors duties… Beyond.com


30+ days ago

Credit Portfolio Manager

Northern Trust Chicago, IL

Through detailed credit analysis and recommendations, supports the credit requirements of the Banks global counterparty network and obligations of… Beyond.com


30+ days ago

Account Relationship Associate, WMG Banking

Northern Trust Chicago, IL

Provides administrative support for an assigned Wealth Management team. Responds to client inquiries, resolving all types of operating problems or… Beyond.com


30+ days ago

Analyst, Alternative Investments

Northern Trust Chicago, IL

Under direct supervision responsible for processing activities in the Alternative Investments group(s). This would include following of established… Beyond.com


Northern Trust Reviews

498 Reviews
3.3
498 Reviews
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
286 Ratings
  1.  

    People-Centric Work Environment, but Ongoing Challenges to Transform

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  Chicago, IL
    Current Employee - Consultant in Chicago, IL

    I have been working at Northern Trust full-time for more than 3 years

    Pros

    The company prides itself in being people-centric (strong benefits package), both in its fiduciary relationship with clients as well as with its employees, or partners, internally. Most managers are comfortable providing flexible work options, depending on team deliverables. Several avenues for networking and career development, but only for those who can establish the right network. Internal mobility is common and widely supported by managers who have themselves benefited from working across functional areas.

    Cons

    Similar to the rest of the industry Northern Trust has been pushing large change initiatives to reduce expenses and raise revenues. Lack of funding in budgets has limited opportunities for internal mobility and flatlined growth in most partners salary despite increased responsibilities and volume. Change provides opportunities for individuals eager to enhance the company, but challenges the status quo that many partners benefit from due to skills or networks they've developed over 20+ years in the company. Many decisions get made (or swayed) by personality or relationship of senior stakeholders despite effort put into group analysis and discussion.

    Advice to ManagementAdvice

    Current performance rating metrics (1-5 system) too easily blend mediocrity with high performance, making it easier for managers to equally reward team members, despite potentially huge discrepancies in productivity. Internal culture is being strained or clashing with cross functional projects/programs, and in many cases the culture key managers have mastered, is a huge impediment to effective change, one frequent example being managers across business units avoiding decisions due to conflict aversion, while pursuing their own agenda.

    Recommends
    Neutral Outlook
    Approves of CEO