Asset Management Analyst - Investments

056 Northern Trust Investments Inc; Chicago (IL); On-site; USD 53,000 - 79,000; Full time

Benefits offered by this job

Mentorship

Speaker series

Learning & Development

Career development

Orientation

Social events

Alumni network

Senior leadership exposure

Job summary

Northern Trust in Chicago is seeking an Asset Management Analyst – Investments to perform quantitative analysis for investment selection, trade execution, portfolio construction, and product development. You will integrate data sets with coding skills to generate outputs used in production processes and evaluate investment outcomes against targets and peers.

Located in Chicago, IL, this role focuses on contributing to trading, research and portfolio management, with opportunities to learn from

Qualifications

• GPA 3.0 minimum; 3.5+ preferred
• Prior related experience or internship
• Strong analytical, quantitative and problem-solving skills
• Coding skills for data analysis including back-testing
• Experience with AI toolsets for data analysis, visualization and output
• Experience using financial or statistical models
• Strong written and verbal communication; leadership and teamwork demonstrated

Responsibilities

• Contribute to trading, research and portfolio management processes
• Conduct quantitative empirical research
• Perform back testing and risk assessment
• Present findings in team meetings
• Collaborate with project teams to drive fact-based decisions

Skills

Analytical skills

Quantitative analysis

Back-testing

Coding languages

Data modeling

Communication

Leadership & teamwork

Problem solving

Education

Bachelor's degree in mathematics, statistics, CS, CE, finance, accounting, or economics

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Please note: Each applicant has the opportunity to apply to a maximum of 3 job postings per recruitment season in North America. Please do not create multiple email addresses to apply to additional opportunities.

WHO YOU ARE

You are pursuing a bachelor’s degree with a concentration in mathematics, statistics, computer science, computer engineering, finance, accounting, or economics at an accredited college/university, with an expected graduation date between December 2026 and Summer 2027 preferred.

• You have a minimum GPA of 3.0; 3.5 or above preferred.
• Prior experience in a related capacity or obtained through rigorous academic coursework.
• You have proven analytical, quantitative, and problem‑solving skills through course work, projects, and/or previous internship experience.
• You have demonstrated use and application of coding languages to perform data analysis including back‑testing.
• You have demonstrated use and application of artificial intelligence toolsets to perform data analysis, visualization, and written output.
• You have experience using financial or statistical models.
• You have strong verbal and written communication skills.
• You have demonstrated leadership and teamwork through projects and/or extracurricular involvement.

WHAT YOU’LL DO

This Asset Management Analyst - Investments role will focus on Investment Research and Implementation, providing quantitative analysis for use in investment selection, trade execution, portfolio construction, product development, or asset allocation decisions. Contributing to and assessing opportunities to improve trading, research and/or portfolio management processes will be a key outcome. Use of coding skills to integrate various data sets to perform financial and statistical modeling will be frequent. The same skills will be used to evaluate and attribute the investment outcomes of those decisions against targets and peers. The analyst will collaborate with senior members to obtain guidance and will independently apply data analysis and modeling skills to generate theoretical outputs that can be employed in production processes. Successful candidates will understand financial markets, macroeconomics, risk metrics and investment objectives at the product and client level. The role will require continuous learning to build company and client knowledge, in addition to various technical applications.

Major Duties:

• Contribute to trading, research and/or portfolio management processes.
• Conduct quantitative empirical research.
• Perform back testing and risk assessment.
• Participate in team meetings and present findings.
• Collaborate with project teams and provide investment data to drive fact‑based decisions.

Located in Chicago, IL

Program Opportunities

• Mentorship
• Monthly speaker series
• Learning & Development sessions
• Career Development opportunities
• Comprehensive orientation
• Social Events
• Access to Alumni Network
• Exposure to senior leadership

Salary Range: $52,800 - 79,200 USD
Salary range is a good faith estimate of base pay.

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.

Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Looking for greater? You found it.

A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)