About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Strategic Spending Business Analyst
Strategic Spending and Productivity is focused on helping optimize Northern's Trust's Technology investments. The team partners with Technology leadership to optimize the Technology workforce, identify and monitor productivity initiatives and associated savings, manages third party vendor risk, and helps manage the firm's software assets.
The Strategic Spending Business Analyst will develop and maintain reporting that helps to identify opportunities across GTS related to workforce (employees, contingent labor, and other contractors), hardware and software purchases, hardware and software license optimization. The Strategic Spending Business Analyst also participates in the lifecycle of software entitlements management including active license tracking and financial baseline and forecasting of software products.
The key responsibilities of the role include
- Work with Strategic Spend and key technology partners to identify opportunities and create a suite of reporting to influence and corroborate strategic change efforts, including, but not limited to, labor-related analysis, vendor analysis, productivity, capital expenditures, technology assets, and license utilization.
- Develop and maintain reporting leveraging Power BI, Incorta, Flexera, Excel and Powerpoint
- Establish regular cadence (monthly/quarterly) to provide reporting to management and stakeholders
- Engage with Entitlements Analysts to understand stakeholder software demand
Other duties include
- Liaising with partners and peers throughout the organization
- Planning work in conjunction with IT and business priorities
- Assisting with ad hoc analysis
The successful candidate will have demonstrated experience with the following
- Business analysis and use of appropriate tools including strong capabilities in Excel and Power BI, as well as foundational knowledge of basic SQL joins, data schemas, and other tenants of analysis
- Financial acumen including basic accounting and understanding of accruals
- Excellent communication skills - verbal, written and presentational
- Experience in Procurement and/or Finance organizations partnering with Technology and business software product owners/stakeholders is a plus
- Software demand and lifecycle management and use of Flexera for commercial software products is a plus
Working with Us
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.