The Northern Trust Rotational Development Program (RDP) is designed to develop the technical skills, business acumen, and leadership abilities of early career professionals.
During the 12-18 month program (dependent on the track), participants will have the opportunity to perform meaningful assignments in various rotations while gaining a broader perspective, along with exposure to leadership of the different departments in their chosen career track. Rotations are selected based on the business need as well as the RDP member’s career interests, goals, and skills.
RDP Support and Development
The program provides participants with dedicated ongoing support and professional development opportunities that include:
- Two program mentors
- Monthly speaker series
- Learning & Development sessions
- Career Development opportunities
- Comprehensive orientation
- Social Events
- Access to RDP Alumni Network
The Rotational Development Program offers five tracks:
- Corporate Finance Track
- Asset Management Track
- Technology Track
- Asset Services of America Track
- Credit Track
Corporate Finance Track
The Corporate Finance track includes three 6-month rotations.
Examples of potential responsibilities (note: work varies by rotation and business need):
- Lead the new business reporting and analysis for a business unit.
- Assess and test internal controls in compliance with SOX 404
- Support the quarterly closing and reporting cycle with key analytics
- Implement “Total Cost of Ownership” process into monthly review to highlight global efficiency opportunities and increase profitability
- Drive and organize timing change and optimization of the monthly financial reporting process
- Clarify and streamline procedural documents to increase corporate accounting continuity
- Complete analyses at various entity and company levels
- Design process for monthly business unit operating reviews
- Analyze and report on enterprise technology initiatives
- Analyze expense allocations across the firm to explain the impact to each business unit
- Financial Analyst
- Intermediate proficiency in accounting – minimum of 3 courses completed
- Strong interest in financial analysis
- Accounting or Finance degree from a four-year college or university with expected graduation date between December 2021 through Summer 2022 (Start dates will be June/July 2022) preferred
- Minimum cumulative GPA of 3.0 or higher
- Applicants must not now or in the future require sponsorship for employment visa status to work in the United States
- Excellent understanding of financial statements with the ability to assess, analyze, and interpret complex financial information
- Excellent communication skills (written and presentation)
- People skills and personal courage (participating in meetings, asking questions, etc.)
- Ability to learn and adapt to new systems (financial reporting system, accounting systems, etc.)
- Strong proficiency in Microsoft Office – Excel, Word, PowerPoint
Members of Northern Trust’s Rotational Development Program possess the following:
- A bachelor’s degree from a four-year college or university
- A cumulative undergraduate GPA of at least a 3.0
- Previous internships or related work experience
- Strong oral and written communication skills
- Analytical, quantitative and problem solving skills
- Adaptability and ability to learn quickly in high-pressure environments
- Leadership, teamwork and client servicing ability
- A well-rounded character, appreciating diversity and valuing inclusion
- Knowledge and interest in Northern Trust and the financial services industry
- Some technical acumen (preferred)
After successfully completing the program, qualified Associates will apply for a role that best leverages the experiences they’ve gained throughout their rotations and meets their career interests. Participation in the Program is not guaranteed for any period of time, nor is it a promise of employment since participants are employed at will.
At Northern Trust, we place a huge value on “fit” – our clients, the services we provide, the technology we create, and most importantly, the people we hire.
As an applicant to an Early Career role, we want to get to know you – what you value, how you solve problems, what you aspire to, and whether we’re a good “fit” for your skills and career goals. To help us understand your “fit” for this role we ask you to complete 3 stages.
Stage 1 – Online Application
Click on Apply for Job and complete your online application where we ask you for personal information, academic history and check your eligibility. After completing this stage satisfactorily you will receive an email invitation to complete Stage 2.
Stage 2 – Career eNTry online assessment
Take a brief online assessment so we can identify key skills and attributes important for working at Northern Trust. On passing the assessment you will receive an email invitation to complete Stage 3.
Stage 3 – Interview
If you are selected to move forward in the process for the role you have applied to, then you will be invited to participate in interview(s) where we will ask you some competency/behavioral based questions and give you an opportunity to ask us some questions.
Keep an eye on your email for the invitations, including your spam folders.
Good luck, we are looking forward to learning more about you.
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need reasonable accommodation for any part of the employment process, please email us at firstname.lastname@example.org.