Pros
Decent benefits such as time-off and 401k, on par with other banks most departments easy work-life balance some departments have flex work, wfh 3 days etc. (some, not all) mostly nice co-workers, not super high stress some on-site daycare and other family-friendly privileges some in-house training somewhat respected investment house/brand not a shady bank like Wells or BofA, ethical at least decent maternity/paternity leave (on par with other banks)
Cons
below average pay and bonuses (well known) ancient tech, 10 years behind industry ancient work-force, dont bother here if you're young Hedge Fund Services team a mess (avoid this department) Tech a mess, fired CTO recently Risk Management dept is a meat grinder, people crying into conference phones to their families late at night (this actually happened) no growth opportunity, replaced CEO recently due to profitability problems dying and boring industry (custodial banking) 3rd place in 3 horse race (BNY & State Street ahead of Northern) useless HR, just watches talent walk out the door mainly due to bad managers stressful risk management, under-staffed, under-managed close to zero tuition reimbursement more and more jobs going outside of Chicago HQ (Arizona, Phillipines, India, etc.) Significant % work-force outside Chicago, barely a Chicago bank anymore really