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Northern Trust Corporation

Commercial Lending



GENERAL INFO

Headquarters: Chicago, IL
77 offices
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THE BUZZ…
"Custody shop"
"Old"
"Regional, but good firm"
"Very conservative"

NEWS AND UPDATES

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Vault's Scoop

Gold Member Content

ABOUT THIS COMPANY:

Built on big shoulders

Northern Trust began in Chicago in 1889, founded as a trust company for rich individuals and the businesses that were booming in the city of Big Shoulders.  While many banks and financial services companies went bust during the Great Depression, Northern Trust held on—and continued to grow during World War II and afterward.  In 1969, it opened shop across the Atlantic in London, becoming the first Illinois bank to expand overseas.  In 1974, Northern Trust developed services to address new standards set out in the Employees Retirement and Income Security Act.

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From the Community


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REVIEWS


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SALARIES


Northern Trust Corporation salary & compensation reviews include all signing and year-end bonuses, vacation time and other perks and reimbursements that make up total compensation.

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SURVEY SAYS


Growth presents opportunities

Northern Trust is a “client-orientated, results-driven firm” where “people work as a team and treat everyone like family.”  “Everyone is willing to lend a helping hand.”  Sources say this “hardworking” firm is “still growing” and presents many opportunities.  According to a contact, “Opportunities for furthering my career are available in both my current location and at other locations in the company.”  Northern Trust “looks after its employees and their interests very well.”


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DISCUSSIONS


New Topic: Any place for CPA (2 replies)
Last reply: nevermind …

New Topic: Any place for CPA (2 replies)
Last reply: I am interested in eventually becoming an Equity Analyst but for now, I am working at a big four. Is there a specific role for a CPA to try t …

New Topic: GOLD Program
I was wondering whether someone could share their experiences with Northern Trust's GOLD program. How is the training program, salary, bonuses, …

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Getting Hired



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Tips from the inside

Do you work well in small groups?

Given the small size of the firm, Northern Trust is “very selective about who they hire.”  “Candidates have to be well-rounded and fit in with a small team.”  Although the firm also recruits “internally,” a recommendation from the inside may not always suffice.  “I have submitted more than one resume and not once was considered for hire,” says one source.  In addition to tapping its own people for hire recommendations, the firm looks to “temp agencies” and other external sources.


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