Senior Business Analyst, Transformation Office

Northern Trust • Chicago, IL

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About The Position

Northern Trust is seeking a Senior Business Analyst to join their Transformation Office. This role is responsible for driving enterprise-wide strategic transformation, partnering with senior leaders to translate strategy into measurable business outcomes. The Transformation Office focuses on transforming Wealth Management through initiatives in strategy, operating model design, data and AI, technology, and change management. The Senior Business Analyst will translate business needs into clear requirements and actionable solutions, working across multiple initiatives and partnering with business leaders, Program Managers, Technology, and Data teams. This role requires a high degree of independence, functional and industry expertise, and the ability to work in a fast-moving, transformation-driven environment.

Requirements

• 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.
• 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.
• 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).

Nice To Haves

• 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.

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.
• 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.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree