Fund Accountant - Institutional Fund Accountant Northern Trust Employee Review

1.0
Jun 26, 2017
Recommend
CEO approval
Business Outlook

Pros

None. Honestly none in the Fund Accounting department. Can't speak for the other departments.

Cons

Poor work life balance, at least in the Fund Accounting department. Management lacks the proper training to be efficient. Only two analysts can be off on any given day, so if the days you need off are already booked, too bad. Pay is awfully low, starting at 42k, with only modest 5-8% increases with promotion. Open ended shifts weekly, you have no idea when you will be leaving due to too many factors out of your control with pricing departments, derivative rates, etc.

Explore other reviews about Northern Trust

5.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work, especially starting your career.

Cons

I have no cons— fabulous people.

2.0
Apr 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Nice people and a good environment. Benefits are good and the work is interesting. On a scale of 1 to 10, I would rate NT as a 7. But, it’s typical big corporate crap that hands out 2% raises and minimum bonuses during a good year yet spends $360 million this past quarter buying their stock back.

Cons

Constant reminders to do more with less and cut costs and belt tightening while the execs line their pockets and you maybe get a 2% raise. I could see such actions if the firm was doing bad financially, but they aren’t. Record this and record that for many quarters now. And they walk around patting each other on the back like they all did such a great job when in reality, the markets are up so the value of the assets we manage are up. I’m wondering what sort of actions will happen when the market goes south for several quarters. Oh. And the constant state of surveillance here is BS. Tracking to make sure you are here 3 days a week. Keyboard / mouse / PC tracking systems receding your activity. It’s like a 21st century high tech sweatshop in some ways.

2
See reviews by: Helpful|Rating|Date|All