Consultant, Business Process Management - Wealth Management Automation Strategy & Execution

001 The Northern Trust Company; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Equity component

Job summary

Northern Trust is seeking a Consultant, Business Process Management to partner with Wealth Management teams on automation strategy and execution. You will analyze processes, design AI-enabled and Power Platform solutions, and drive scalable improvements across operations, risk, and governance.

The role emphasizes stakeholder collaboration, governance, and data-driven insights, with responsibilities spanning development, testing, documentation, and adoption of digital tools.

Qualifications

• Bachelor's degree in Business, Finance, Technology, Information Systems, or related field.
• Typically 3+ years of experience in automation development, process improvement, analytics, or strategic initiative delivery.
• Experience with Microsoft Power Platform (Power Apps, Power Automate) and Power BI.
• Experience creating BI/reporting solutions with Power BI and advanced Excel capabilities.
• ACCA or other relevant industry qualification may be required or preferred.

Responsibilities

• Partner with leaders to identify automation opportunities and drive digital transformation.
• Lead assessments, process mapping, gap analyses, and feasibility studies to deliver practical solutions.
• Design, develop, test, and support automation solutions using Microsoft Power Platform and related tech.
• Coordinate testing, implementation, and ongoing project/technical support.
• Create user guides, process docs, and training materials; promote adoption of digital solutions.

Skills

Power Platform

Power BI

Power Apps

Power Automate

Excel

Data analysis

Project management

Stakeholder management

Analytical thinking

Education

Bachelor's degree in Business/Finance/Technology/IS

Tools

SharePoint

Dataverse

RPA

Kofax

Copilot Studio

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.

Position Summary

The Consultant, Business Process Management is a strategic partner within the Wealth Management Automation Strategy & Execution team, supporting assigned automation development and process improvement work from analysis and design through development, testing, implementation, and ongoing support. The role works independently in straightforward situations and collaborates across business, operations, technology, and risk teams to deliver practical, technology-enabled solutions that improve efficiency, strengthen controls, enhance stakeholder experiences, and support scalable growth using data, automation, AI, and the Microsoft Power Platform ecosystem.

Major Responsibilities

Strategic Consulting & Process Transformation

• Partner with business leaders and stakeholders to identify operational challenges and opportunities for process optimization, automation, and digital transformation.
• Review existing systems, processes, and business problems; conduct current-state assessments, process mapping, gap analyses, and feasibility studies to develop practical, sustainable solutions.
• Lead or support process improvement initiatives that enhance efficiency, scalability, risk management, controls, and service delivery.
• Prepare or refine business requirements and use technical experience, judgment, and precedent to resolve straightforward issues within established guidelines.
• Facilitate stakeholder engagement, prioritization, governance, and change management activities supporting strategic initiatives.

Automation Development, Testing & Support

• Analyze, design, develop, and support applications and workflow solutions that meet business and technical requirements and align with applicable technical frameworks, policies, and standards.
• Identify, develop, and implement automation solutions using Microsoft Power Platform, including Power Apps, Power Automate, SharePoint, and Dataverse, as well as RPA, Kofax, and other approved technologies.
• Coordinate testing, validate solution accuracy and completeness, support implementation activities, and provide ongoing project and technical support.
• Evaluate and implement AI-enabled solutions, including Microsoft Copilot Studio, intelligent agents, conversational automation, and generative AI technologies, using established governance practices.
• Prepare user guides, process documentation, training materials, and other supporting documentation as needed.
• Promote adoption of digital solutions and best practices across Wealth Management.

Project & Portfolio Management

• Complete assigned automation development and process improvement work accurately and on time by applying established guidelines, policies, procedures, and priorities.
• Develop project plans, manage timelines and work effort, coordinate resources, and monitor progress, risks, dependencies, and key deliverables.
• Communicate status, business outcomes, risks, and recommendations through transparent reporting and executive-level updates.
• Coordinate cross-functional activities involving Operations, Technology, Risk, Compliance, business leadership, peers, and immediate managers to support timely delivery.
• Review project activities and deliverables for accuracy, completeness, consistency, and alignment with established guidelines and policies.

Reporting, Analytics & Business Intelligence

• Design, develop, and maintain executive dashboards, operational reporting, KPIs, and performance measurement frameworks.
• Develop scalable reporting and visualization solutions using Power BI, Excel, and related technologies.
• Analyze business and operational data to identify trends, risks, capacity constraints, and opportunities for improvement.
• Translate complex data into meaningful insights and actionable recommendations for business leaders.

Knowledge, Skills & Capabilities

• Expanded conceptual knowledge of principles, practices, procedures, systems, and technical frameworks used in automation development and process improvement.
• Ability to analyze options and solve problems in straightforward situations by applying technical experience, judgment, and precedent.
• Strong analytical, organizational, project management, and stakeholder management skills, with attention to detail and the ability to manage multiple priorities.
• Ability to work independently on assigned responsibilities while collaborating effectively across business, operations, technology, risk, and compliance teams.
• Ability to identify process improvement opportunities and support sustainable, scalable, and policy-aligned solutions.
• Effective written, verbal, presentation, and documentation skills, including the ability to communicate with business teams, peers, immediate managers, and senior leadership.
• Ability to influence stakeholders and drive alignment without direct reporting authority.
• Technical proficiency in Microsoft Excel, Power BI, Microsoft Power Platform, RPA, Kofax, Microsoft Office tools, and other job-related systems used for automation development, workflow, analytics, and reporting.
• Familiarity with Microsoft Copilot and Copilot Studio, AI agents, virtual assistants, or generative AI solutions is preferred.

Experience & Certifications

• Bachelor's/University degree in Business, Finance, Technology, Information Systems, or a related field, or a comparable combination of education, job-specific certification(s), and experience.
• Typically 3+ years of relevant experience supporting automation development, business process improvement, operational transformation, analytics, or strategic initiative delivery.
• Experience designing and implementing solutions using Microsoft Power Platform, including Power Apps and Power Automate.
• Experience creating business intelligence and reporting solutions using Power BI and advanced Microsoft Excel capabilities.
• ACCA or another relevant industry qualification may be required or preferred, as applicable.

Salary Range

Salary Range: $74,200 - 126,200 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
• 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.

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.

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.

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. 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.

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.)