Technology Strategy Business Consultant

001 The Northern Trust Company; Chicago (IL); Hybrid; USD 83,000 - 141,000; Full time

Benefits offered by this job

401k and pension

Health insurance

Paid time off

Parental leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust is seeking a Business Consultant to drive technology strategy through advanced financial analyses and leadership‑level reporting. You will collaborate with Technology, Finance, and Procurement to build budgets, forecasts, and variance analyses while supporting IT capital expenditures.

Proficiency in Power BI, SQL, and Excel is essential. The role emphasizes GAAP‑level accounting, strong communication with senior management, and a flexible hybrid work arrangement in a global

Qualifications

• Analytical thinking to evaluate financial results and projections.
• Strong written and verbal communication skills for senior leadership.
• Advanced degree with GAAP knowledge and related work experience.

Responsibilities

• Create leadership‑level analyses informing technology usage and finance decisions.
• Coordinate with Technology, Finance and Procurement on budgets, forecasts and variance analysis.
• Prepare IT capital expenditure analyses and strategic prioritization materials.
• Leverage Power BI/SQL/Excel to drive data‑driven discussions with senior leaders.

Skills

Analytical thinking

Communication

GAAP knowledge

Education

Advanced degree in accounting/finance

Tools

Power BI

SQL

Excel

Word

PowerPoint

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.

The Business Consultant will join the Technology Strategic Spend Team to drive the delivery of information for decision making and various analysis for Northern Trust's Technology Organization. This role is responsible for Technology-specific analysis (focused on strategy, labor, hardware, software, etc.), but will work closely to coordinate efforts among Technology, Finance and Procurement to drive the analyses into actionable efforts. Planning and analysis will need to be prepared and presented to many roles across Northern including Technology Leadership, engineers, project managers, finance managers, and procurement specialists, using Power Point, Excel, and/or Power BI / other analytical tools. Drive analysis and presentation material for IT Capital Expenditures in the Technology Portfolio, including consideration for strategic prioritization, developing budgets, forecasting, and variance analysis. Create Leadership‑level analyses that inform on Technology usage and demand, financial impacts, contractual analysis, while considering potential Build financial business cases for technology decisions (e.g. considerations for switching vendors, adding new products or capabilities, etc.) Leverage data analytics tools (Power BI, SQL, Excel, etc.) to reach data‑driven suggestions that drive strategic discussions and planning efforts with senior leadership. Work with finance and procurement to analyze and report on efforts for productivity and automation. Conduct and lead special projects and ad hoc requests to support the Technology function.

Knowledge

• Analytical and problem‑solving skills required to evaluate financial results and projections across all financial statements.
• Effective written and verbal communication skills are necessary to present relevant information to senior management and business unit officers.
• Strong personal computer skills and analytics tools usage (Power BI, SQL, Excel, Word and PowerPoint) are required to perform analyses and communicate financial information.
• Strong accounting (GAAP), reporting and financial analysis usually acquired through an advanced degree program or related work experience is required.

Experience

• 7 to 10 years of related experience with emphasis on project analysis and management reporting, planning, and analysis.

Working Model: Hybrid (#LI-Hybrid) We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

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).

Salary Range: $83,100 - 141,300 USD. Salary range is a good faith estimate of base pay.

Benefits

• 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

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

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.