Specialist

Northern Trust Corp; Chicago, Northern (IL, KY); Hybrid; USD 137,000 - 234,000; Full time

Benefits offered by this job

401k & pension

Health & welfare

Paid time off

Parental leave

Life & accident insurance

Bonus program

Job summary

Northern Trust is a global leader in wealth management, asset servicing, asset management and banking. The Transformation Office drives enterprise-scale change, partnering with senior leaders to translate strategy into measurable outcomes across Wealth Management, technology, data and change management.

The role focuses on translating strategic objectives into detailed requirements, coordinating with business, technology and risk partners to deliver practical, scalable solutions in a regulated

Qualifications

• Strong business analysis and problem-solving, translating strategy into executable outcomes.
• Experience across business, technology, data, and operational partners without direct authority.
• Excellent written and verbal communication skills.
• Financial services experience required.
• Leadership and organizational skills to determine goals and resources.

Responsibilities

• Translate strategic objectives into detailed requirements and materials.
• Collaborate with Transformation Executives on design, planning, and implementation.
• Analyze current and future state processes, operating models, workflows.
• Develop documentation including business requirements and process flows.
• Support solution design with Program Managers, Technology, Data, Operations, and Risk.
• Identify risks and dependencies and escalate issues.
• Prepare materials for governance forums for senior stakeholders.
• Apply analytical judgment to solve complex problems and propose scalable solutions.

Skills

Business analysis

Strategic thinking

Cross-functional collaboration

Communication skills

Problem solving

Adaptability

Leadership

Education

Bachelor's degree or equivalent experience

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.

Lead enterprise-scale transformation.

The Transformation Office is responsible for driving enterprise-wide strategic transformation across Northern Trust, partnering with senior leaders to translate strategy into measurable, sustained business outcomes. With a significant focus on transforming Wealth Management, the team leads complex initiatives across strategy, operating model design, data and AI, technology, and change management to reimagine how we serve clients, empower employees, and drive growth. Through a combination of strategic execution, innovation, and disciplined delivery, the Transformation Office builds the capabilities, frameworks, and solutions that enable lasting impact across Wealth Management and the broader enterprise.

What You’ll Do

• Support large‑scale transformation initiatives by translating strategic objectives into detailed requirements, analyses, and execution materials.
• Partner closely with Transformation Executives to advance initiative design, planning, and implementation across assigned areas of focus.
• Conduct current state and future state analysis of processes, operating models, workflows, and capabilities.
• Develop and maintain high quality documentation, including business requirements, process flows, operating model artifacts, and implementation plans.
• Work with Program Managers, Technology, Data, Operations, and Risk partners to support solution design and delivery readiness.
• Identify risks, dependencies, gaps, and implementation considerations, escalating issues and recommendations as appropriate.
• Support governance forums by preparing materials, analyses, and decision support content for senior stakeholders.
• Apply structured analytical judgment to solve complex problems and recommend practical, scalable solutions.

What You Bring

• Strong business analysis and problem-solving capabilities with the ability to translate strategy into executable outcomes.
• Proven ability to operate effectively across business, technology, data, and operational partners without direct authority.
• Excellent written and verbal communication skills, including the ability to document complex concepts clearly and concisely.
• High adaptability and comfort working in ambiguous, fast paced transformation environments.
• Financial services experience required.
• Experience & Qualifications- Requires specialized depth and/or breadth of expertise in own job discipline or field
• Bachelor’s degree or equivalent experience.
• 10+ years of experience in business analysis, strategy execution, transformation, consulting, or related roles within financial services.
• Experience supporting large, cross functional initiatives or enterprise scale change programs.
• Demonstrated success delivering high-quality analysis and execution support in complex, regulated environments.
• Highly flexible and adaptable to change
• Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.

Salary Range: $137,400 - 233,600 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.

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 under 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.)