Rec and Control. Awful group. Awful hours. Get in your silo and keep your mouth shut. - Hedge Fund Operations Consultant Northern Trust Employee Review

2.0
Jun 20, 2014
Recommend
CEO approval
Business Outlook

Pros

Compensation is decent based on industry standards. The insurance benefits are decent but still run $500 for family BCBS. Training is available, if you ever have a desire to spend time at work beyond the 10-12 hour work days. Good opportunity if you're looking to add a high volume administrator to your professional experience.

Cons

Hedge Fund Services has carried on Citadel's work culture. If you're not Citadel / Omnium legacy, your chances of inner-department promotion are low. Management does not care about your home work life balance. You will work 10-12 hours a day in this group without blinking. The department is full of 20somethings that live walking distance to the office, and drink away their troubles together late into the night. If you have a family or do not live in the city, you should think twice about taking a role in this department. You will not get home before 8pm most nights. There are very few actual perks to this job. The office is sparsely appointed for employee comfort. Promotional opportunities usually require a transfer to a different group. 100% Silo work. Extremely high turnover, and you will be expected to pick up the slack.

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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