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.
Job Description:
The Strategic Portfolio Management team, under the Portfolio Strategy & Program Execution team, supports Northern Trust’s Wealth Management (WM) business unit through the administration, management, and governance of its financial and human resource investments and portfolio of work.
As such, the team oversees processes designed to ensure strategic alignment across projects, investment decisions supported by robust business cases, insight and transparency into the portfolio of work, management of dependencies, achievement of outcomes, and accountability at all levels.
The Associate Specialist will support the Strategic Portfolio Manager in various areas such as financial and human resource demand, business case development, and performance management. In this role, you will need to be a leader who is analytical, action-oriented, a great communicator, and comfortable driving change through influence.
You will interact with Wealth Management senior leaders, Product, and Technology partners to foster an innovative and integrated environment, resulting in an optimized portfolio with clear priorities and expected outcomes.
Major Duties:
Process Development and Management
Create, improve, and/or manage multiple strategic processes including business case development, performance goal setting and management, and ROI/value realization framework
Business Administration
Coordinate and facilitate governance forums where initiative business cases are presented for investment consideration. Facilitate completion of business cases by requesting teams.
Meet with WM leadership to gather, understand and maintain a future-focused initiative list.
Coordinate and prepare quarterly WM capital presentation materials.
Work with initiative owners to define overarching goals using the objectives & key results (OKRs) framework. Actively maintain OKRs and create summary reporting, as needed.
Collaborate with the other Strategic Portfolio Management team members to maintain portfolio roadmap, track dependencies and key risks, maintain up-to-date financial data, and escalate potential issues.
Create ad-hoc financial analysis, reports and presentations, including summary views, for various senior stakeholders.
Demonstrate a proactive and persistent approach to work, driving open items to completion consistently and independently.
Necessary Knowledge / Skills:
Required
Excellent Excel and PowerPoint skills
Excellent oral and written communication
Strong ability to create effective presentations with data
Strong administrative and organizational skills
Highly flexible and adaptable to change
Proactive and self-motivated
Ability to work both independently as well as collaboratively
Strong critical/strategic thinking, problem solving, and analytical skills
Recommended
Aware of Agile project management and development methodologies, including MVP definition and product roadmap planning techniques
Financial Services knowledge
Experience Required:
3 to 5 years of experience in consulting, finance, corporate strategy, business enablement or related field.
Salary Range:
$83,100 - 141,300 USDSalary 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.
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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
Skills Required
- 3 to 5 years of experience in consulting, finance, corporate strategy, business enablement or related field
- Excellent Excel skills
- Excellent PowerPoint skills
- Excellent oral and written communication
- Strong ability to create effective presentations with data
- Strong administrative and organizational skills
- Highly flexible and adaptable to change
- Proactive and self-motivated
- Ability to work both independently and collaboratively
- Strong critical/strategic thinking, problem solving, and analytical skills
- Awareness of Agile project management and development methodologies (recommended)
- Financial services knowledge (recommended)
- Authorization to work in the U.S. without sponsorship
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
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Retirement Support — Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
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Leave & Time Off Breadth — Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
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Healthcare Strength — Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
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