Northern Trust

Senior Business Analyst, Transformation Office

Northern Trust$83K — $141K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience.
  • 5-10 years of experience as a Business Analyst, preferably in financial services.
  • Experience supporting large, cross-functional initiatives or transformation programs.
  • Proven ability to work effectively across business and technology teams.
  • In-depth functional and/or industry knowledge; financial services experience required.
  • Strong business analysis expertise with the ability to translate complex needs into clear, actionable requirements.

Responsibilities

  • Support large enterprise transformation initiatives, multiple projects, or a defined workstream within complex programs.
  • Partner with business stakeholders to gather, analyze, and document business requirements.
  • Analyze current-state processes, workflows, and operating models to identify improvement opportunities.
  • Support the design of enhanced operating, service, and delivery models.
  • Serve as a key point of contact for Technology teams during solution design, development, and testing.
  • Conduct preliminary and detailed analysis to support scope definition, solution design, and execution.
  • Define success metrics and support performance tracking in partnership with Program Managers and Data teams.

Benefits

  • Comprehensive benefits package including retirement benefits (401k and pension).
  • Health and welfare benefits (medical, dental, vision, spending accounts, and disability).
  • Paid time off, parental and caregiver leave.
  • Life & accident insurance.
  • Other voluntary and well-being benefits.
  • Discretionary bonus program that may include an equity component.
Full Job Description
Lead enterprise-scale transformation. Shape the future of Wealth Management and Northern Trust.

The Transformation Office is responsible for driving enterprise-wide strategic transformation across Northern Trust, partnering with senior leaders to translate strategy into measurable, sustained business outcomes. With a significant focus on transforming Wealth Management, the team leads complex initiatives across strategy, operating model design, data and AI, technology, and change management to reimagine how we serve clients, empower employees, and drive growth. Through a combination of strategic execution, innovation, and disciplined delivery, the Transformation Office builds the capabilities, frameworks, and solutions that enable lasting impact across Wealth Management and the broader enterprise.

Turn strategy into clear, actionable solutions. Enable change at scale.

The Senior Business Analyst plays a critical role in enterprise transformation initiatives by translating business needs into clear requirements and actionable solutions. Working across multiple initiatives, this role partners closely with business leaders, Program Managers, Technology, and Data teams to support the onset, design, and delivery of large-scale change.

This role operates with a high degree of independence, applying functional and industry expertise to moderately complex, cross-functional workstreams in a fast-moving, transformation-driven environment.

What You'll Do
  • Support large enterprise transformation initiatives, multiple projects, or a defined workstream within complex programs.
  • Partner with business stakeholders to gather, analyze, and document business requirements.
  • Analyze current-state processes, workflows, and operating models to identify improvement opportunities.
  • Support the design of enhanced operating, service, and delivery models.
  • Serve as a key point of contact for Technology teams during solution design, development, and testing.
  • Conduct preliminary and detailed analysis to support scope definition, solution design, and execution.
  • Apply functional and industry expertise to provide consultative guidance to partners and project teams.
  • Define success metrics and support performance tracking in partnership with Program Managers and Data teams.
  • Prepare materials and participate in management and governance discussions as needed.


What You Bring
  • Strong business analysis expertise with the ability to translate complex needs into clear, actionable requirements.
  • In-depth functional and/or industry knowledge; financial services experience required.
  • Excellent written and verbal communication skills with the ability to engage and influence stakeholders.
  • Ability to operate independently while managing multiple priorities across initiatives.
  • High adaptability and effectiveness in environments with change and ambiguity.


Experience & Qualifications
  • Bachelor's degree or equivalent experience.
  • 5-10 years of experience as a Business Analyst, preferably in financial services.
  • Experience supporting large, cross-functional initiatives or transformation programs.
  • Proven ability to work effectively across business and technology teams.
  • This role is ideal for a seasoned business analyst who enjoys working at the intersection of strategy, execution, and technology to deliver meaningful transformation outcomes in enterprise-wide transformation initiatives.


Salary Range:
$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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