Asset Management Analyst - Investments

The Northern Trust Company; Chicago (IL); On-site; USD 53,000 - 79,000; Full time

Benefits offered by this job

401k and pension

Medical, dental, vision

Paid time off

Parental leave

Life & disability insurance

Well-being benefits

Discretionary bonus program

Job summary

Northern Trust in Chicago is seeking an Asset Management Analyst - Investments to deliver quantitative analysis for investment selection, trade execution, and portfolio construction. You will integrate multiple data sets with coding skills to generate outputs used in production processes.

Successful candidates will understand markets, macroeconomics, risk metrics, and investment objectives at product and client levels. A commitment to learning and collaboration is essential.

Qualifications

• Pursuing bachelor’s degree with related concentration.
• GPA of 3.0 or higher; 3.5+ preferred.
• Demonstrated use of coding for data analysis and back-testing.
• Experience with AI toolsets for data analysis, visualization, output.

Responsibilities

• Contribute to investment research and implementation processes.
• Perform quantitative empirical research.
• Back-testing and risk assessment.
• Present findings in team meetings.
• Provide investment data to drive fact-based decisions.

Skills

Analytical skills

Quantitative skills

Problem solving

Coding languages

AI toolsets

Data analysis

Leadership

Teamwork

Communication

Education

Bachelor’s degree in mathematics/statistics/computer science/engineering/finance/accounting/economics

GPA 3.0+ (3.5+ preferred)

Expected graduation Dec 2026–Summer 2027

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.

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.

• 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
• 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… 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