Northern Trust

Early Career Asset Servicing - Chicago

Chicago, IL
26 Apr 2024
26 May 2024
Contract type
Full time
Experience level
Entry level, Graduate scheme

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

This posting includes early career opportunities at Northern Trust in Asset Servicing field in Chicago, and are ideal for those who recently graduated.

Northern Trust Asset Servicing business provides client servicing and middle/back office support to our investment manager client base. These roles serve our clients utilizing a variety of resources and applications, providing world-class service to those we partner with including Investment Operations Outsourcing, Transfer Agency, the Investment Management Liaison Group, Custody and other Client Services roles.

With a wide variety of opportunities available, there are many ways to use your asset management knowledge, apply it, and grow your career at Northern Trust.

  • Acts as the primary contact for investment management firms on domestic and/or international trade communication and settlement issues relating to client accounts held at the Bank.
  • Identifies service efficiency enhancements, process improvements, and service delivery using creative and proactive measures.
  • Researches and resolves processing inquiries and prepares correcting entries including reversals and rejects.
  • Expected to use initiative but will refer more complex problems to supervisors/experts.
  • Works effectively as a team member but also independently.

Job Qualifications:

  • Bachelor’s degree completed in Finance, Accounting, Economics and/or related area of study, with 0-1 years of experience post-graduation, preferred.
  • Good verbal and written communication skills are required.
  • Organizational skills are required to manage conflicting priorities and multi-task functions in a fast-paced team environment.
  • Applicants must not now or in the future require sponsorship for employment visa status to work in the United States.
  • Candidates should be analytically and technically sound with knowledge of financial markets and some knowledge of Asset Servicing.

Application Process:

At Northern Trust, we place a huge value on “fit” – our clients, the services we provide, the technology we create, and most importantly, the people we hire.

As an applicant to an Early Career role, we want to get to know you - what you value, how you solve problems, what you aspire to, and whether we’re a good “fit” for your skills and career goals. To help us understand your “fit” for a role with us we ask you to complete a few stages:

  • Stage 1 – Online Application- Click on Apply for Job and complete your online application where we ask you for personal information, academic history and check your eligibility.
  • Stage 2 – Interview- If you are selected to move forward in the process for the role you have applied to, you will then be invited to participate in interview(s) where we will ask you some competency/behavioral based questions and give you an opportunity to ask us some questions.

US / earlycareersNT/ US Early Careers Opportunities

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us.

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.

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