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Senior Business Analyst, Transformation Office

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Northern Trust Corp
Full Time position
Listed on 2026-07-06
Job specializations:
  • Business
    Change Management, Business Analyst
Salary/Wage Range or Industry Benchmark: 83100 - 141300 USD Yearly USD 83100.00 141300.00 YEAR
Job Description & How to Apply Below
## Senior Business Analyst, Transformation Office Apply locations:
Chicago, IL:
Boston, MA:
New York, NYposted on:
Posted Todayjob requisition :
R157682
** About Northern Trust
** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.  Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.  With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

** 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 work streams 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…
Position Requirements
10+ Years work experience
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