There are newer employer reviews for Northern Trust

 

All Hands on Deck!

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

I have been working at Northern Trust full-time for more than a year

Pros

Powerful brand recognition among target audience. Sterling reputation in volatile markets. Conservative balance sheet has kept the bank strong and solvent.

Cons

Culture emphasizes compliance over initiative and innovation. Technology is many iterations behind the times and remains siloed.

Advice to ManagementAdvice

Involve line managers in decision making. Reduce reliance on lower paid, lower skilled workers. Pay above market for talent. Reduce the number of meetings discussing "strategy" and spend more time problem-solving to improve business processing and client-onboarding.

Recommends
Neutral Outlook
Disapproves of CEO

493 Other Employee Reviews for Northern Trust (View Most Recent)

Sort: Rating Date
  1.  

    Great place and working environment

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

    I have been working at Northern Trust full-time for less than a year

    Pros

    people are very nice and humble, willing to help each other, great team players.

    Cons

    need to update the phone system

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Too conservative and does not embrace creativity or change.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Investment Risk Analyst  in  Chicago, IL
    Former Employee - Senior Investment Risk Analyst in Chicago, IL

    I worked at Northern Trust full-time for more than a year

    Pros

    Stability. Many people stay for their entire career.

    Cons

    Too many to list but infrastructure and software are outdated. Political and bureaucratic environment. No incentives or reward for hard work.

    Advice to ManagementAdvice

    You should look more to young talent and embrace new ideas. Compensation levels should be higher to attract the best. NTGI's investment strategy should be reconstructed as returns are sub par.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Northern Trust

Worked for Northern Trust? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.