Business Analyst

Company: Northern Trust
Location: Chicago
Posted on: April 5, 2025

Job Description:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.The Business Analyst role for the Enterprise Risk organization is part of the second line of defense (2LOD) Global Non-Financial Risk (NFR) Organization. As the Business Analyst, you will be working closely with the Non-Financial Risk Chief of Staff, Business Unit Risk Managers, and Product Managers. In your role, you will support the operational functions of the department and its leadership team. Additionally, this role will be tasked with analyzing business data and processes, propose solutions to issues, and improve the organization's performance, efficiency, and overall management. This role will report to the department's Chief of Staff.The key responsibilities of the role include:

• Support and execution of the department's monthly, quarterly, and annual financial responsibilities.
• Proactively monitor the department's current and future contracts and engagements.
• Perform continuous monitoring and process improvement activities.
• Assist with the administration of the department's governance functions.
• Assist with documentation of key processes and procedures.
• Create, maintain, and manage key department reporting for senior leaders and executive management.
• Effectively communicate with key stakeholders both within the Non-Financial Risk department, as well as outside departments, such as Finance, Procurement, Human Resource, and external vendors.
• Assist with strategic planning, where required.The successful candidate will benefit from having:
• Strong analytical skills (e.g., financial analysis, budgeting, strategic planning); accounting background and/or experience is necessary.
• Knowledge of contracts, statements of work, and basis vendor engagements.
• Understanding of process improvement and change management.
• Excellent time management skills with the ability to manage multiple assignments and initiatives at once.
• Strong critical thinking skills (e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues).
• Ability to move people to act (e.g., convening, structuring, owning the agenda and facilitating meetings and workshops to lead groups to agreement and commitment to execute).
• Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams).
• Ability to communicate effectively verbally and in writing with all audiences, including senior leaders, in a structured manner, including on high-sensitivity topics (e.g., organizational structure, funding).
• Ability to develop hypotheses and make quick decisions in a fail-fast supportive environment that fosters and encourages a continuous improvement mindset and execution.
• Excellent Microsoft Excel and PowerPoint skills are required.Nice to have:
• 2 + years' experience within financial services, preferably a GSIB is a plus.
• Strategic planning experience and/or knowledge.
• BS/BA in finance, accounting, operations management; master's degree is a big plus.
• Experience with planning tools such as Microsoft Planner, Jira or Azure boards.
• Experience with data visualization tools such as Tableau or Power BI.Salary Range:$61,500 - 98,300 USDWorking with Us:As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today.Reasonable accommodationNorthern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.Equal Employment Opportunity StatementsNorthern Trust is committed to providing equal employment opportunities to all employees and applicants without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.
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Keywords: Northern Trust, Chicago , Business Analyst, Professions , Chicago, Illinois