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Northern Trust Reviews

Updated February 23, 2018
1,442 reviews

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3.7
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1,442 Employee Reviews

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  1. Helpful (1)

    "Norther Nice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trade Operations Specialist in Chicago, IL
    Current Employee - Trade Operations Specialist in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (Less than a year)

    Pros

    Strong commitment to CSR. Career development focused.

    Cons

    A lot of acronyms and corporate speak.


  2. "Analyst, Hedge Fund Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst, Middle Office Trade Processing in Tempe, AZ
    Current Employee - Analyst, Middle Office Trade Processing in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (More than a year)

    Pros

    -Good place to start for recent graduates
    -401K+Pension plan
    -Everyone is considered a "partner" instead of an employee.
    -Management encourages participating in NT sponsored volunteer opportunities.
    -Modern workplace with an emphasis on testing new technology.
    -Management is clear on communicating your career path progression.
    -Rewards are handed out to partners who perform well.
    -HFS is a smaller department within NT. Therefore, promotions can be fast tracked due to our growing nature.

    Cons

    -Each manager had their own take on HFS values. Some are good, some are bad.
    -HFS does not always follow the initiatives that NT as a whole pushes. For example, HFS frowns upon working from home unless absolutely necessary.
    -Some managers will play favorites. Resulting in certain partners getting the benefit of the doubt and others do not.

    Advice to Management

    -Try to get all HFS managers on the same page regarding values.
    -Be open to modern trends in the industry.
    -Embrace NT initiatives and give partners a chance to work from home, and/or give partners the opportunity to take their laptop and work from different parts of the building.

  3. "Northern Trust Hedge Fund Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Phoenix, AZ
    Current Employee - Analyst in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (Less than a year)

    Pros

    - Large career growth opportunities
    -Opportunity to work with a lot of intelligent & driven people
    -Interesting & challenging problem solving opportunities
    - Flexibility

    Cons

    I currently don't have any.


  4. "Great safe place to retire without learning too much. Relaxed atmosphere with great benefits and no role models."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Solutions Architect in Chicago, IL
    Current Employee - Senior Solutions Architect in Chicago, IL
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Northern Trust full-time (More than 5 years)

    Pros

    20 vacay days. + 2 personal days. + bank holidays. Low stress. Decent personable managers. 401k match upto 6%. Work remote 2/no.

    Cons

    Risk averse technology management. All talk about new tech and no execution nor adoption. Average is considered a rock star here. No role models here.


  5. "Hedge Fund Services - Opportunity and Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Tempe, AZ
    Current Employee - Senior Manager in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (More than 5 years)

    Pros

    Focus on diversity
    Excellent work-life balance
    Excellent culture and work environment
    Continued growth and opportunities to learn and advance
    Challenging workload
    Cutting edge technology
    Best in class services

    Cons

    Some NT (non-HFS) systems are outdated and can be challenging to work with but plans are in place to update
    Organizational change can be slow

    Advice to Management

    Keep up the good work!


  6. "SVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tempe, AZ
    Current Employee - Anonymous Employee in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (Less than a year)

    Pros

    Once most people start with the organization, they tend to stay a full career. The culture and opportunities allow NT to retain great people.

    Cons

    Northern Trust is one of the longest running companies - close to 130 years. It is not going to feel like a trendy start up. But it may feel like home for many.

    Advice to Management

    Continue to grow and support a thriving culture


  7. "Strong Long Lasting Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Good culture, good benefits, and relatively high job security

    Cons

    Pay under market, hard moving around internally

  8. "Strong, balanced, dependable company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Chicago, IL
    Current Employee - Senior Business Analyst in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (More than 3 years)

    Pros

    The culture is strong and welcoming. It is not an aggressive or competitive place to work. The resources for employees and professions are wide-ranging, with plenty of opportunity to explore different types of work. The company performs strongly and is led by a strong, trusted and impressive management group. A fantastic place to grow and learn.

    Cons

    The technology tools are sometimes too complicated or antiquated, which can get annoying. It doesn't prevent people from doing their jobs, but it does slow things down. The company has a lot of silos as well; there's been a lot of work to break down the silos across the different businesses but change is hard. Lastly, there are a lot of retirement age (or close to it) employees, which leaves tons of opportunity for career progression but the mindset among many of these employees makes it difficult to try new things or branch out.

    Advice to Management

    Continue being strong advocates and role models. Support change management efforts and drive improvements in technology resources to make us more efficient and able to use tools that aren't so complex and unwieldy.


  9. "Investor Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investor Services in Tempe, AZ
    Former Employee - Investor Services in Tempe, AZ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Northern Trust full-time (More than 3 years)

    Pros

    Great team members that help you succeed.
    A good way to get into the finance industry straight out of school.

    Cons

    Management cannot realize that there is to much load being put on new hires.
    After a certain point, no longer learn anything new.
    Clients can be intolerable

    Advice to Management

    Hire more people.


  10. "Investment Operations Outsourcing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Good company, low pay, high turnover

    Cons

    Low pay, high turnover, politics

    Advice to Management

    Pay more and hire better people


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