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Northern Trust
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77 reviews

Northern Trust Employer Reviews

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Very Interesting and stimulating
Assistant (Former Employee), Westwood, CA – May 14, 2013
Pros: great people to work with
Cons: temp job - needed series 7
It was great to assist with a private banker. It was stimulating and refreshing.
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Challenging workplace dealing with numbers, detail-oriented duties and deadlines
(former employee) Technician/Securities Processing (Former Employee), Chicago, IL – May 13, 2013
Pros: good pay, decent benefits.
Cons: too conservative, little advancement opportunities, micromanaging bosses.
I met a diverse variety of interesting people at Northern Trust. Overall it was quite a challenging experience. Their annual United Way fund raising campaign and Christmas holiday events were especially fun.
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Stagnant, Convolted, Management of Business and Employees
Implementation Coordinator (Former Employee), Ciicago, IL – May 12, 2013
Pros: you caan sit around and do basically nothing and get paid for it if that's your game.
Cons: career advancement is based on seniority rather than competency.
I am a former employee of Northern Trust, this is the last company I have worked at, I left in March.

My experience with NTRS was not gratifying to say the least. It is a highly regarded company, but as to why I still have no idea. Their business model has changed drastically in response to continually low interest rates. Much of the operations side – more... of their business is now being outsourced to India (which it already has been for some time but now will be in a greater capacity) and now Malaysia. Operations is an integral part of how trust and investment accounts are set up for clients. Many of the partners in Chicago I have worked with were still unclear about processes and procedures that are vital to the success of this company. If someone here does not fully understand the job they are doing, how can they expect an individual overseas to fully grasp such crucial concepts? It didn't make sense to me and is part of the reason I left. I had to go back and forth with partners on a daily basis to have things done in the correct manner. Management does not seem to understand the concept of continuity. Issues such as this have been brought to their attention and overlooked or disregarded on numerous occasions. Yes, it does make sense to operate at a minimum cost, but what is the "real" cost of doing business that way? I foresee financial losses to NTRS's bottom line in the very near future when their new business model is fully in place.NTRS does have good benefits and what you do will more than likely pay well. That being said, if you are satisfied with the status quo, than this company is right for you. If you expect more of yourself, I would avoid this company at all costs, also If you are interested in this company do not count on job security. Their business model will decrease the security of any position held. This is my opinion based on experience. The rating I gave is more than liberal as well. – less
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pay is great
Personal Banking Assistant (Former Employee), Naples, FL – April 15, 2013
Pros: long lunch
Cons: no room for growth
Basically your catering to old white people all day. They want coffee with no cream and one sugar you have to stop and get it for them. The clients are nice to you until you tell them no or you can't do that. That's when you see how they really are. Pay and benefits are really good. Just make sure you have a really good manager if not get out. Also – more... don't think about moving up or to another position. HR will give you push back even though you meet all the requirements. They will hire someone else!!! The teller are awesome to work with. Private bankers 50/50. – less
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Great place for work-life balance
Vice President and Program Manager (Current Employee), chicago,il – April 14, 2013
Management needs to move faster to enable change management in this highly competitive financial services and technology driven industry
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Very good company to work for.
Security Processor (Former Employee), Chicago, IL – April 12, 2013
Pros: flexible, good healthcare
Cons: can be very stressful at times
Northern Trust is a good company to work for. They are very flexible to your needs.
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Very process driven environment...
Vice President, Wealth Management Marketing (Current Employee), Chicago, IL – April 11, 2013
Pros: good people, nice culture, flexible work hours
Cons: politics, stuck in the "it hasn't even been done like that" mentality
A politically motivated individual will do quite well at Northern Trust. The overall benefits are ok but not as high as other financial services firms. Stuck in the old ways and has a hard time with new marketing challenges such as moving beyond regular tv advertisements. The most enjoyable part of the job is the people on many of the teams but they – more... are so nice that nobody will be honest about what needs to be fixed. The hardest part of the job is the constant politics that have to be played in order to stay relevant within the organization. You spend as much time marketing yourself internally as you do marketing the organizations products and services externally. – less
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Conservative workplace
Powerbuilder, Oracle and Sybase developer (Former Employee), Chicago, IL – April 2, 2013
It was a conservative and a strict workplace. The people are friendly to some extent
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Working as a temp at the Northern Trust
Process Analyst (Current Employee), Chicago, IL – April 1, 2013
I can't speak for the full time positions. As a temp, I'll say that there is no real job security. The Canal office is nice, I know they try to promote a healthy work/life balance.
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It was a professional place to work. co-workers were reliable.
Trust Associate (Former Employee), Los Angeles, CA – March 30, 2013
Pros: retirement plan
Cons: the location downtown los angeles was a stressful drive
* Signed into computer.
* Processed entries with an AM cut off such as trades & mutual funds
* Opened the mail and distribute to correct co-worker
* Process work in order of priority

I enjoyed entering transactions onto computer such as deposits, payments and wires.

The most least enjoyed was going through document files.
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Too many hours and it was a burn out job
Manager (Former Employee), Chicago – March 18, 2013
Pros: excellent skill development and earned my mba
Cons: hours were 24/7
Northern trust is a great company. I was there was over 17 years. I wanted something else and moved into education.
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Too Big to Fail
Temporary / Contract Positions (Former Employee), Chicago, IL – March 7, 2013
Pros: good pay
Cons: location on canal street inconvenient
Fun place to work. Everything runs smoothly. Structured work environments. Team concept.
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A good variety of job skills offered. There was always something to learn every day.
Mail Processing Clerk (Former Employee), Chicago, IL – February 25, 2013
Pros: excellent benefits.
Cons: none.
Working for Northern Trust was an excellent experience. I had learned good people skills. I enjoyed working along a diverse staff and management. My time with Northern Trust was very enjoyable. I recommend this company to all.
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Great Company to work for.
Personal Banker (Former Employee), Mesa, Arizona – February 16, 2013
I enjoyed the people I worked with. They took pride in building relationships with the clients as apposed to finding the most convenient way to keep them out of the office. Client's seemed to appreciate the time we took to call them by name and to know who they were. Management always showed support and encouragement. I rarely had a hard day even though – more... we worked very hard to take care of our clients. – less
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Quiet enviroment
RETIREMENT PLAN ANALYST (Former Employee), Atlanta, GA – February 13, 2013
Nice and quiet place to work. Great people. Near the Marta station
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Helping customers with financial transactions following policies & procedures.
Retail Banking Associate (Former Employee), Glenview, IL – February 7, 2013
Pros: working with people
Cons: cash handling
I enjoyed working with people. I learned policy and procedures to follow while performing the financial transactions. The hardest part of the job was cash handling.
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Productive and challenging
Sr. Executive Asst., Chairman & CEO (Current Employee), Chicago, IL – January 28, 2013
Pros: chairman's office
Cons: no real life work balance
Productive, challenging and extremely busy. Interact with business leaders throughout Chicago.
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A strong work culture, where all are treated as partners rather than employees.
Senior Fund Analyst (Former Employee), Bangalore India – January 9, 2013
Pros: door to door pick and drop service for all employees
Cons: travel time
As a Fund Accountant, striking NAVs was the highlight of my day! It was the most enjoyable one too. A typical day would start quiet, with a strong pressure building that culminates in pricing and striking NAVs. a wonderful management, I felt safe working with the company. The cooperation and support of co-workers was unbelievable, especially when pricing – more... catastrophes occurred. many of us would not have made it through certain days without this mutual support. – less
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Great Large company to work for!!
Syndicated Bank Loans Securities Technician (Current Employee), Chicago, IL – January 8, 2013
Great benefits, vacation & sick days, and a great place for single mothers!
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Northern Trust is great!
Client Service Operations Rep (Current Employee), Chicago, IL – December 24, 2012
Pros: great client service
Northern Trust main focus is providing extraordinary client service.
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About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and – Read more