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Northern Trust

Global wealth management and asset servicing

Lead AI Cloud Engineer

Full-TimeUpdated on 10/23/2026
$137.4k - $233.6k+ Discretionary bonus + Equity component
Senior
Bachelor's
Barrington, IL, USA+1 moreMore locations: Chicago, IL, USA
In Person
Software EngineeringAI Application Engineering, Full-Stack Engineering
No H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in Computer Science, Information Technology, Engineering, Software Development, or a related discipline is required; equivalent professional experience will be considered.
  • Seven or more years of software engineering experience supporting enterprise applications.
  • Five or more years of cloud engineering experience supporting Azure or comparable cloud platforms.
  • Demonstrated experience designing and developing APIs, microservices, and distributed systems.
  • Experience building enterprise applications using modern software engineering practices.
  • Experience collaborating across engineering, architecture, operations, security, and business teams.
  • Strong written and verbal communication skills.
  • Ability to operate effectively in a regulated enterprise environment with governance, controls, auditability, and operational readiness expectations.
  • Experience working independently while managing multiple priorities and deliverables.
  • Technical/domain knowledge includes full stack application development, cloud engineering, Azure services, Infrastructure as Code (Terraform), continuous integration and continuous delivery (CI/CD), distributed systems, microservices, API development, artificial intelligence and machine learning concepts, large language models, retrieval augmented generation, AI agents, vector databases, prompt engineering, digital coworkers, workflow automation, platform integrations, enterprise security, and controls.
  • Tools and platforms include Azure DevOps, GitHub, Jira, Confluence, Microsoft Teams, ServiceNow, Terraform, Power BI, CI/CD pipelines, monitoring platforms, release management tools, API management platforms, and operational support tooling.
  • Applicants must be authorized to work in the United States without employment-based visa sponsorship now or in the future.
Responsibilities
  • Design and develop full stack applications supporting Digital Coworkers and the Generative AI Foundation Platform.
  • Build modern web applications, APIs, microservices, and enterprise integration services.
  • Develop reusable software components supporting multiple AI-driven products and business domains.
  • Create scalable user experiences that simplify enterprise AI adoption and workflow automation.
  • Participate in architecture reviews, code reviews, and technical design discussions.
  • Build AI-powered business solutions leveraging the Generative AI Foundation Platform.
  • Develop and support Digital Coworkers across Transfer Agency, Reconciliation, Omnium, and future AI business initiatives.
  • Integrate AI services, enterprise APIs, workflow orchestration platforms, and cloud-native services.
  • Support production deployment, monitoring, scalability, reliability, and operational readiness.
  • Collaborate with AI Engineers and platform teams to deliver enterprise-ready AI capabilities.
  • Integrate applications with large language models, retrieval augmented generation solutions, AI agents, and orchestration frameworks.
  • Develop enterprise AI integrations using approved AI services and AI platform capabilities.
  • Support AI lifecycle activities including testing, deployment, monitoring, governance, and operational readiness.
  • Contribute to responsible AI and enterprise AI governance initiatives.
  • Partner with business and technology teams to identify opportunities for AI-enabled transformation.
  • Design and deploy cloud-native solutions leveraging Microsoft Azure services.
  • Develop Infrastructure as Code using Terraform and related automation frameworks.
  • Build and maintain CI/CD pipelines supporting enterprise application delivery.
  • Implement monitoring, logging, resiliency, and performance optimization practices.
  • Support secure and governed cloud engineering standards.
  • Promote software engineering best practices, coding standards, and reusable architecture patterns.
  • Develop technical documentation, deployment guides, operational runbooks, and support procedures.
  • Support continuous improvement initiatives across engineering and delivery teams.
  • Work independently while effectively collaborating across multiple functions and organizations.
Desired Qualifications
  • Experience supporting enterprise AI platforms and AI-enabled business solutions.
  • Experience building AI-powered applications using Microsoft AI services.
  • Experience supporting Digital Coworkers, intelligent automation platforms, or workflow orchestration solutions.
  • Experience integrating Azure OpenAI, Copilot technologies, AI services, or agentic AI solutions.
  • Experience within financial services or another regulated industry.
  • Familiarity with enterprise AI governance, Responsible AI, model lifecycle management, and operational controls.
  • Experience supporting globally distributed engineering teams.
  • Experience leveraging Snowflake, Databricks, vector databases, and enterprise integration platforms.
  • Experience integrating with ServiceNow, identity management systems, and operational support processes.

About the company

Preparing company summary.

Company Size

10,001+

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

1889

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Simplify Jobs

Simplify's Take

What believers are saying

  • Northern Trust extended BT Pension Scheme servicing on August 12, 2026, deepening UK pensions.
  • Northern Trust expanded Singapore unit-trust servicing with Perpetual, broadening Asia-Pacific distribution on September 2026.
  • Northern Trust Asset Management hired Amy Johnston on September 1, 2026 to drive institutional growth.

What critics are saying

  • Elizabeth Madden sued Northern Trust on January 28, 2026 over alleged trust theft.
  • Dave Fox retires by March 31, 2027, forcing a CFO search during execution.
  • Warwickshire’s £3.6 billion mandate barely moves a $20.0T platform, exposing commoditized pricing.

What makes Northern Trust unique

  • Northern Trust held $20.0T AUC/A and $2.0T AUM on June 30, 2026.
  • Its integrated wealth, custody, and fund-administration platform wins sticky mandates like BTPS and Warwickshire.
  • Chicago-rooted trust expertise still anchors Delaware and Nevada fiduciary services under Cynthia Brown.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Parental Leave
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

11%

1 year growth

11%

2 year growth

11%
Yahoo Finance
Oct 21st, 2026
Northern Trust unveils $3.5B buyback as CFO to retire and operating leverage hits 600 basis points

Northern Trust expects 500 basis points or more of operating leverage for full-year 2026, after posting 600 basis points of positive operating leverage in the third quarter. Management said the gains are sustainable and stem from a multi-year reorganisation around a capability-based operating model. Chief financial officer Dave Fox will retire after the first quarter of 2027. The company announced a new $3.5 billion share repurchase authorisation. Results included a $34 million pre-tax gain from selling its guardianship services business and a $14.7 million gain from the second Visa exchange offer. It also built a $5 million reserve after a commercial real estate charge-off. In the first quarter of 2027, Northern Trust plans to convert six Northern Funds, holding about $33 billion in assets, into ETFs.

Family Wealth Report
Oct 21st, 2026
Northern Trust Q3 net income rises 40 per cent, wealth fees climb.

Northern Trust Q3 net income rises 40 per cent, wealth fees climb. Editorial Staff October 21, 2026 The Chicago-based bank's wealth management fees rose 9 per cent to $611.5 million, led by a 16 per cent rise in Global Family Office fees, as AuM reached $1.963 trillion. Northern Trust has reported third-quarter 2026 net income of $642.9 million, up 40 per cent from $457.6 million a year earlier. Diluted earnings per share were $3.40, against $2.29 in the prior-year quarter. Total revenues, which include trust, investment and other servicing fees and net interest income, rose 13 per cent year-on-year to $2.302 billion. Profit was down from the second quarter, when net income was $792.2 million and diluted earnings per share were $4.23, it said in a statement today. Wealth management trust, investment and other servicing fees rose 9 per cent to $611.5 million. Global Family Office fees grew 16 per cent to $117.2 million, while private wealth fees rose 8 per cent to $494.3 million. The quarter included $48.7 million of pre-tax gains, or $36.8 million after tax, recognized in other operating income. Of that, $34 million came from the sale of the guardianship services business. The remaining $14.7 million related to Northern Trust's participation in Visa's second exchange offer. AuM rose 11 per cent from the end of September 2025 to $1.963 trillion. Assets under custody rose 9 per cent to $15.8 trillion. The bank's Common Equity Tier 1 ratio was 12.4 per cent on a standardized basis, unchanged from a year earlier. Northern Trust shares have risen about 19.5 per cent since the start of 2026. Northern Trust's custody rivals reported last week. At BNY, net income applicable to common shareholders rose 20 per cent year-on-year to $1.608 billion, with total fee revenue up 12 per cent. BNY's assets under custody and administration rose 10 per cent to $63.4 trillion, while AuM grew 2 per cent to $2.2 trillion. Its CET1 ratio fell to 10.9 per cent from 11.7 per cent a year earlier.

cash.ch
Oct 6th, 2026
UBS transfers former CS fund administration businesses to Northern Trust.

UBS transfers former CS fund administration businesses to Northern Trust. The major bank UBS is transferring Credit Suisse's former fund administration businesses in Switzerland and Luxembourg to Northern Trust. It is thereby expanding its collaboration with the US financial services provider. 06.10.2026 03:05 The Swiss and Luxembourg UBS Management Companies would also expand their existing fund administration agreement with Northern Trust to investment funds for which UBS currently still provides this service, UBS announced on Thursday. UBS itself would withdraw from the fund administration business. The transaction is expected to close in the second quarter of 2027. According to the information, the migration of fund administration services to Northern Trust is to be implemented over a period of two years. UBS had already sold its Swiss and Luxembourg fund administration business for traditional investments to Northern Trust in 2017 and at the same time entered into a long-term service agreement. The CS fund administration business was integrated into UBS in the course of the CS takeover in 2023. Simplification of the Luxembourg company. At the same time, UBS wants to simplify the operating model of its Luxembourg Management Company, the statement continues. It wants to focus there primarily on the servicing of in-house funds. Universal Investment has been selected as the preferred external fund company. UBS thereby wants to ensure a long-term solution for its white-labelling clients in Luxembourg.

MarketScreener
Oct 5th, 2026
Northern Trust Wealth Management continues Northeast Region expansion with two Senior appointments.

Northern Trust Wealth Management continues Northeast Region expansion with two Senior appointments. Published on 10/05/2026 at 08:06 am EDT Business Wire Northern Trust Wealth Management has appointed Beth Emswiler and Andrew Borner as Senior Managing Directors in the Northeast Region. Emswiler is based in New York, while Borner is based in Greenwich, Connecticut, strengthening the firm's investment capabilities and client leadership in both markets. The appointments build on Northern Trust's recent hiring momentum, following the expansion of its Family Office Solutions team in New York and the addition of Senior Relationship Managers Gloria Fieldcamp and James Le Rose. "Clients expect us to understand both the complexity of substantial wealth and the personal goals it supports," Northeast Region President Katie Nixon said. "Beth brings considerable investment experience, while Andrew has spent his career earning the trust of families. Together, they will help us bring the full breadth of Northern Trust to more clients." Emswiler joins Northern Trust from Citi Private Bank, where she served as head of investments for Metro New York and led investment solutions for ultra-high-net-worth clients and family offices. Her more than three-decade career includes leadership roles across private banking, equities, sales and trading, capital markets and investment advisory. Borner brings more than 30 years of experience and most recently served as BNY's market president for Connecticut and Long Island. He was responsible for new business development and worked directly with individuals, families, trusts and foundations to develop and implement comprehensive investment and wealth plans. Northern Trust Wealth Management is a premier private bank serving affluent individuals and families, family offices, foundations and endowments, and privately held businesses. Northern Trust Wealth Management, which combines deep expertise with innovative technology and service excellence, had US$534 billion in assets under management as of June 30, 2026. The Northern Trust Company is an Equal Housing Lender. Member FDIC. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust had assets under custody/administration of US$20.0 trillion, and assets under management of US$2.0 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. View source version on businesswire.com: https://www.businesswire.com/news/home/20261005894356/en/ (C) Business Wire - 2026

The Mirror Democrat and Savanna Times-Journal
Sep 29th, 2026
CORRECTING and REPLACING Northern Trust announces Chief Financial Officer transition.

CORRECTING and REPLACING Northern Trust announces Chief Financial Officer transition. * 3 hrs ago Please replace the release with the following corrected version due to multiple revisions. The updated release reads: NORTHERN TRUST ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION Northern Trust Corporation announced today that Dave Fox, Chief Financial Officer, has announced his retirement after a long and distinguished career in financial services. Fox intends to remain in his role through the end of the first quarter of 2027 to support a thoughtful and orderly transition. Northern Trust plans to conduct a comprehensive internal and external search for its next Chief Financial Officer. During this time, it is expected that Fox will continue to lead Finance and work closely with Michael O'Grady, chairman and chief executive officer, and the leadership team to help ensure continuity across the company's financial, regulatory, investor and strategic priorities. "Dave has been a trusted and valued leader whose judgment, discipline and financial stewardship have strengthened Northern Trust," said Michael O'Grady, chairman and chief executive officer. "He has played an important role in helping advance our strategy, support our clients and position the company for long-term success. We are grateful for Dave's continued leadership of Finance through this transition as we conduct a search for his successor." Since joining Northern Trust in 2012, Fox has made important contributions across the firm. As Chief Financial Officer, he has overseen Northern Trust's global financial strategy, functions and operations. Earlier, as President of Global Family and Private Investment Offices and Executive Vice President and Head of the Americas for Corporate & Institutional Services, he helped advance important wealth management and institutional businesses, bringing focus to complex client needs, strengthening business performance and supporting the company's continued growth and competitiveness. Before joining Northern Trust, Fox spent more than 25 years at JPMorgan in New York, London and Chicago, where he served in various leadership roles. Fox holds a Bachelor of Science in Foreign Service from Georgetown University and a Master of Business Administration in Finance from Columbia University's Graduate School of Business. He is a Life Trustee and former Chair of the Board of Trustees for the Goodman Theatre in Chicago and is a member of the Commercial Club of Chicago. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust had assets under custody/administration of US$20.0 trillion, and assets under management of US$2.0 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit Mycarrollcountynews on northerntrust.com. Follow Mycarrollcountynews on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions. Media gallery