Land Before Time - Senior Analyst Northern Trust Employee Review

2.0
Jul 16, 2018
Recommend
CEO approval
Business Outlook

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

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
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