Risk and Compliance Intern

Northern TrustChicago, IL
$30 - $35Onsite

About The Position

Northern Trust is a global leader in wealth management, asset servicing, asset management, and banking services. Since 1889, the company has been guided by its principles of Service, Expertise, and Integrity. With over 135 years of financial experience and more than 24,000 partners, Northern Trust serves sophisticated clients using leading technology and exceptional service. This is a ten-week internship program located in Chicago, IL, with applications reviewed on a rolling basis and a posting close date of October 9, 2026. Applicants are limited to a maximum of 3 job postings per recruitment season in North America.

Requirements

  • Pursuing a bachelor’s degree at an accredited college/university, majoring in Finance, Economics, Data Science & Analytics, Artificial Intelligence, Management Information System, Business Management and Administration, Mathematics, and Computer Science, with an expected graduation date between December 2027 and Summer 2028.
  • Minimum GPA of 3.0.
  • Some knowledge of risk and compliance principles, usually acquired through coursework or prior related experience, and a curiosity to learn more.
  • Curiosity about financial markets and interest in learning more about the financial services industry markets, business operations, administration, data, and execution of a globally systemic important bank.
  • Proven analytical, data interpretation, problem-solving, critical and strategic thinking skills through coursework and/or previous internship experience.
  • Demonstrated leadership and teamwork through projects and extracurricular involvement.
  • Strong verbal and written communication skills.
  • Results-driven based on time-sensitive deliverables.
  • Time management skills.
  • 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.

Responsibilities

  • Complete, compile, and present high-quality summaries of findings, insights, and recommendations in a concise and professional manner.
  • Analyze risk, control, and operational data to develop reporting, dashboards, and metrics that support risk monitoring and decision-making.
  • Support Risk project teams in the implementation and enhancement of risk frameworks, controls, governance processes, and regulatory initiatives.
  • Leverage data analytics, artificial intelligence, automation, and emerging technologies to improve risk management processes and operational efficiency.
  • Partner with business, risk, and control stakeholders to identify process improvements and support enterprise risk objectives.
  • Develop professional skills related to an assigned area of Risk through project work, mentorship, and business unit engagement.

Benefits

  • 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
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