N

Northern Trust

Global wealth management and asset servicing

Principal Solutions Architect

Full-TimeUpdated Deadline 11/30/26
No salary listed
Expert
Bachelor's
Pune, Maharashtra, India+1 moreMore locations: Bengaluru, Karnataka, India
In Person
Data & AnalyticsData Management, Business Intelligence

About the job

Requirements
  • Extensive experience designing and delivering enterprise-scale data platforms and data-driven applications.
  • Deep expertise in Snowflake, data warehousing, relational and dimensional modeling, ETL/ELT, metadata, lineage, data quality, and audit controls.
  • Strong experience with Power BI architecture, semantic models, DAX, Import and DirectQuery patterns, incremental refresh, aggregation, and performance optimization.
  • Experience diagnosing performance across SQL, transformation, semantic, and visualization layers.
  • Experience with cloud architecture, APIs, services, batch and event-driven integration, security, observability, and operational resilience.
  • Proven ability to define target-state architecture, reusable technical patterns, roadmaps, and measurable non-functional requirements.
  • Strong technical leadership, stakeholder management, facilitation, and communication skills.
  • Bachelor's degree in Computer Science, Engineering, Information Systems, or a related discipline, or equivalent professional experience.
  • Experience with Snowflake, advanced SQL, Power BI, semantic modeling, DAX, ETL/ELT, data warehousing, data modeling, performance optimization, metadata, lineage, and data quality.
  • Experience with Microsoft Azure, cloud-native architecture, REST APIs, microservices, batch and event-driven integration, security, Key Vault and secrets management, observability, and resiliency patterns.
  • Experience with Python, FastAPI or similar service frameworks, React, TypeScript/JavaScript, and modern application architecture patterns.
  • Knowledge of solution and data architecture, architecture lifecycle governance including Permit to Design, Permit to Build, and Permit to Operate, non-functional requirements, security architecture, operational readiness, and architecture decision records.
  • Knowledge of CI/CD, DevSecOps, source control, automated testing, infrastructure-as-code concepts, production supportability, and performance monitoring.
Responsibilities
  • Own end-to-end solution and data architecture, including target-state designs, conceptual and logical data models, integration patterns, data flows, security controls, lineage, and technology standards.
  • Partner with enterprise architects and governance teams to guide solutions through Permit to Design, Permit to Build, and Permit to Operate, ensuring design, security, risk, infrastructure, support, and operational-readiness requirements are addressed.
  • Define scalable engineering and integration patterns across Snowflake, cloud platforms, APIs, batch processing, and event-driven services, balancing resilience, performance, security, and cost.
  • Own reporting and analytics architecture, including Performance Reporting, Client Reporting, Power BI, and semantic models. Establish standards for Import, DirectQuery, hybrid models, aggregation, incremental refresh, caching, and query optimization.
  • Lead resolution of complex performance issues across source systems, data platforms, transformations, calculation layers, semantic models, and Power BI.
  • Define measurable non-functional requirements for performance, scalability, availability, resilience, data freshness, observability, security, supportability, and cost.
  • Establish reusable patterns for data modeling, metadata, lineage, data quality, auditability, governance, and access control to reduce technical debt.
  • Provide architectural leadership across client, account, product, legal agreement, performance, benchmark, reference, and other strategic data domains.
  • Act as a senior design authority by reviewing solutions, challenging technical choices, identifying risks and dependencies, mentoring teams, and communicating decisions to business and technology stakeholders.
  • Maintain concise architecture deliverables, including diagrams, data models, integration flows, architecture decisions, deployment views, and operational-readiness documentation.
  • Lead architecture reviews, serve as design authority, define technical roadmaps, mentor teams, and collaborate across engineering, security, infrastructure, data governance, and enterprise architecture teams.
Desired Qualifications
  • Experience in investment management, asset management, financial services, or another highly governed data environment.
  • Experience with performance and client reporting, benchmark and reference data, account and client hierarchies, and legal-entity or agreement data.
  • Experience modernizing legacy reporting and analytics solutions, architecture governance, data catalogs, business glossaries, and regulatory reporting.
  • Applied knowledge of machine learning, artificial intelligence, and modern analytics within established security and governance standards.

About the company

N

Northern Trust

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Website

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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 29th, 2026
Northern Trust's pre-tax income jumps 21% as AI and a bigger UBS deal drive growth

Northern Trust reported an 11% rise in revenue, excluding one-time items, for the third quarter of 2026. Pre-tax income grew 21% year over year as fee growth and net interest income both expanded. The company says AI agents now save relationship managers two to three hours on every client memo. It also expanded its deal with UBS, which will increase the UBS assets it services by more than 50%, subject to regulatory approvals. Northern Trust returned more than $500 million to shareholders in the quarter and more than $1.5 billion so far this year. Chief financial officer Dave Fox expects positive operating leverage in the fourth quarter and 500 basis points or more for the full year.

The Motley Fool
Oct 29th, 2026
Northern Trust: 3 key takeaways for long-term investors.

Northern Trust: 3 key takeaways for long-term investors. AI-driven efficiency gains and scaled institutional relationships are translating into operating leverage that compounds earnings growth. Key points. * Northern Trust increased third quarter revenue 11% excluding notable items. * The company returned over $1.5 billion to shareholders year to date. * UBS expanded its fund administration mandate with Northern Trust by over 50%. * Motley Fool Issues First-Ever 9X Buy Alert" On its third-quarter 2026 earnings call, held on Oct. 21, 2026, Northern Trust (NTRS +0.91%) reported an 11% revenue increase excluding one-time notable items. Pre-tax income rose 21% year over year as fee growth and net interest income-the profit earned on loans and securities minus funding costs-both expanded. This operating momentum shows how the firm expands profitability without adding proportional overhead. Three key takeaways from management's comments highlight how this strategy creates shareholder value. 1. Artificial intelligence cuts Advisor administrative work to boost productivity. Artificial intelligence (AI), which refers to software automation that handles complex tasks, is shifting into a core driver of employee efficiency. By deploying automated workflow agents, Northern Trust allows its wealth advisors to spend less time on routine client memos and more time delivering advisory services. Its client action plan agents now save relationship managers 2 to 3 hours on every client memo, time they can redirect to clients. - Mike O'Grady, Chairman and Chief Executive Officer 2. Institutional relationship expansion delivers scalable asset servicing growth. Asset servicing involves managing fund administration, custody, and trade processing for institutional clients. Northern Trust expands its relationships with global asset managers to capture higher-margin servicing mandates, including an expanded deal with UBS that increases the assets it services for the manager by over 50%. Subject to regulatory approvals, UBS's Swiss and Luxembourg management companies will extend its mandate to additional funds over the next two-plus years, including administering the former Credit Suisse funds in those markets, increasing UBS assets The Motley Fool, LLC service by more than 50%. - Mike O'Grady, Chairman and Chief Executive Officer 3. Disciplined capital allocation drives substantial shareholder returns. Northern Trust generates capital that supports internal business growth and direct distributions to shareholders. The company maintains capital levels above regulatory minimums, enabling it to fund dividends and share buybacks while preserving balance sheet flexibility. The Motley Fool, LLC returned more than $500 million in the third quarter and more than $1.5 billion year to date. - Mike O'Grady, Chairman and Chief Executive Officer Looking ahead. Revenue expansion across fee businesses and interest spreads drives positive operating leverage, the rate at which revenue growth exceeds expenses. Northern Trust leverages its wealth platform and international custody scale to maintain margin expansion through disciplined pricing. Excluding notable items, The Motley Fool, LLC expect to deliver positive operating leverage in the fourth quarter and 500 basis points or more of operating leverage for the full year. - Dave Fox, Chief Financial Officer Unifying wealth management, asset servicing, and asset management positions the firm to capture complex institutional mandates and compound long-term earnings. There's a number of opportunities where The Motley Fool, LLC see longer term to utilize this strategic framework that The Motley Fool, LLC has in place to both grow but also grow in a scalable, profitable way. - Mike O'Grady, Chairman and Chief Executive Officer Is Northern Trust a smart long-term play? Before you buy stock in Northern Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Northern Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of its recommendation, you'd have $337,166!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of its recommendation, you'd have $1,339,143!* Now, it's worth noting Stock Advisor's total average return is 904% - a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. *Stock Advisor returns as of October 29, 2026.

Watchlist News
Oct 27th, 2026
Northern Trust (NASDAQ:NTRS) EVP Susan Cohen Levy sells 3,922 shares of company stock.

Northern Trust (NASDAQ:NTRS) EVP Susan Cohen Levy sells 3,922 shares of company stock. Northern Trust Corporation (NASDAQ:NTRS - Get Free Report) EVP Susan Levy sold 3,922 shares of Northern Trust stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $168.69, for a total value of $661,602.18. Following the completion of the sale, the executive vice president directly owned 59,378 shares in the company, valued at $10,016,474.82. This represents a 6.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Susan Cohen Levy also recently made the following trade(s): * On Friday, October 23rd, Susan Levy sold 16,984 shares of Northern Trust stock. The shares were sold at an average price of $168.15, for a total value of $2,855,859.60. Northern Trust stock up 0.5%. Shares of NTRS stock traded up $0.80 on Tuesday, hitting $170.35. 984,256 shares of the stock were exchanged, compared to its average volume of 1,103,491. The company has a current ratio of 0.61, a quick ratio of 0.65 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $31.17 billion, a P/E ratio of 13.35, a price-to-earnings-growth ratio of 0.93 and a beta of 1.24. Northern Trust Corporation has a fifty-two week low of $121.53 and a fifty-two week high of $195.78. The business has a 50-day moving average of $177.27 and a 200 day moving average of $164.63. Northern Trust (NASDAQ:NTRS - Get Free Report) last announced its earnings results on Wednesday, October 21st. The asset manager reported $3.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.87 by $0.53. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. Northern Trust had a return on equity of 17.97% and a net margin of 15.86%. Northern Trust's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.29 EPS. Equities analysts anticipate that Northern Trust Corporation will post 11.95 EPS for the current year. Northern Trust announces dividend. The firm also recently declared a quarterly dividend, which will be paid on Friday, January 1st. Stockholders of record on Friday, December 4th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, December 4th. Northern Trust's dividend payout ratio (DPR) is currently 27.59%. Institutional inflows and outflows. A number of hedge funds have recently bought and sold shares of the stock. Continuum Advisory LLC bought a new stake in shares of Northern Trust during the 2nd quarter worth approximately $26,000. Basecamp Wealth Advisors LLC grew its stake in shares of Northern Trust by 99.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 203 shares of the asset manager's stock valued at $28,000 after buying an additional 101 shares in the last quarter. NBH Bank bought a new position in shares of Northern Trust in the second quarter valued at $30,000. Keating Financial Advisory Services Inc. acquired a new position in Northern Trust during the second quarter worth $31,000. Finally, Clearstead Trust LLC acquired a new position in Northern Trust during the second quarter worth $37,000. 83.19% of the stock is currently owned by institutional investors. Analyst ratings changes. A number of analysts have recently issued reports on NTRS shares. Royal Bank Of Canada downgraded shares of Northern Trust from an "outperform" rating to a "sector perform" rating and set a $178.00 price objective on the stock. in a report on Wednesday, July 22nd. TD Cowen started coverage on shares of Northern Trust in a report on Thursday, October 8th. They set a "hold" rating and a $175.00 target price for the company. Evercore set a $183.00 target price on shares of Northern Trust in a research report on Thursday, October 1st. Wells Fargo & Company lifted their price target on shares of Northern Trust from $189.00 to $194.00 and gave the company an "equal weight" rating in a research note on Thursday, July 23rd. Finally, Barclays lifted their price target on shares of Northern Trust from $189.00 to $194.00 and gave the company an "equal weight" rating in a research note on Thursday, October 22nd. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $183.47. About Northern Trust. Northern Trust Corporation (NASDAQ:NTRS) is a financial services company that provides wealth management, asset servicing, asset management and banking services. The company serves institutional investors, corporations, financial institutions, high-net-worth individuals and families. Its offerings include custody and administration of investment assets, fund accounting, securities lending, foreign exchange, treasury services, investment management, trust and estate services, private banking and wealth planning. Receive News & Ratings for Northern Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Asset Servicing Times
Oct 22nd, 2026
Northern Trust welcomes Qureshi to its board of directors.

Northern Trust welcomes Qureshi to its board of directors. 22 October 2026 US Reporter: Zarah Choudhary Northern Trust has appointed Rima Qureshi, former executive vice president and chief strategy officer of Verizon Communications, to its board of directors, effective immediately. Qureshi brings nearly four decades of experience shaping strategy, leading transformation, and building businesses across global telecommunications and payments companies. At Verizon, which Qureshi joined in 2017, she helped set the company's strategic direction amid significant industry change. Prior to Verizon, Qureshi spent 23 years at global telecommunications company Ericsson, where she served as chief strategy officer and, later, CEO of Ericsson North America. Qureshi also brings more than 15 years of public company board experience across telecommunications, retail, and financial services, including 15 years on the board of Mastercard Incorporated. She currently serves on the boards of BT Group, Loblaw Companies, and Swift. Michael O'Grady, chairman and CEO, says: "I am pleased to welcome Rima to the Northern Trust Board of Directors. Rima is a seasoned C-suite executive and public company director whose global perspective, technology expertise, and experience across highly regulated industries will be valuable as we continue to strengthen Northern Trust, serve our clients and position the company for long-term growth." Previous people moves article Next people moves article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times

WealthBriefingAsia
Oct 22nd, 2026
Northern Trust third quarter net income rises 40 per cent, wealth fees rise.

Northern Trust third quarter net income rises 40 per cent, wealth fees rise. Editorial Staff 22 October 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 yesterday. 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, recognised 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 standardised basis, unchanged from a year earlier. Shares in the bank have risen about 19.5 per cent since the start of the year. 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.