Updated August 22, 2022

Average Northern Trust Salary


To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More
$46.98 hourly

Entry level Salary
$62,000 yearly
10 %
90 %

How Much Does Northern Trust Pay?

Northern Trust pays $97,713 on average per year, or $46.98 an hour in the United States.

However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. Northern Trust pays the highest-paid employees over $153,000 a year, while the lowest-paid employees are paid less than $62,000.

Salaries vary by department as well. Workers in the business development department can earn an average of $112,144 per year. However, workers in the engineering department earn an average salary of $106,893 per year.

Location has an effect on the earnings of employees at Northern Trust too. Northern Trust employees in Newport Beach, CA, Houston, TX, and Chicago, IL are the highest paid.

Highest Paying Jobs At Northern Trust

The average employee at Northern Trust earns a yearly salary of $97,713 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Northern Trust are information systems manager, application software developer, investment officer, and senior consultant. A typical information systems manager salary at Northern Trust is $139,568 per year. Some of the other roles at Northern Trust are teller and receptionist. A worker with the title teller at Northern Trust earns an average salary of $32,985 per year.

Highest Paying Jobs At Northern Trust

Rank  Job Title  Average Northern Trust Salary  Hourly Rate  
1Information Systems Manager$139,568$67.10
2Application Software Developer$119,752$57.57
3Investment Officer$113,965$54.79
4Senior Consultant$113,118$54.38
5Trust Officer$111,471$53.59
6Application Consultant$106,842$51.37
7Quality Assurance Lead$104,437$50.21
8Database Administrator$103,879$49.94
9Investment Associate$100,390$48.26
10Finance Service Sales Agent$100,299$48.22
11Project Manager$99,680$47.92
12Business Analyst$99,227$47.71
13Quality Assurance Engineer$98,046$47.14
14Java Developer$97,822$47.03
15Lead Technician$92,310$44.38
16Team Leader$92,254$44.35
17Security Technician$90,565$43.54
18Computer Scientist$88,034$42.32
20Finance Specialist$86,344$41.51

Highest Paying Northern Trust Competitor Salaries

Based on our research, similar companies to Northern Trust are Pacific Investment Management Company LLC, EquiLend, and Moody's. Employees at Pacific Investment Management Company LLC earn more than most of the competition, with an average yearly salary of $132,360. Employees at EquiLend earn an average of $118,953 per year, and the employees at Moody's earn an average salary of $109,712 per year.

Salaries By Northern Trust Competitors

Rank  Company Name  Zippia Score  Average Salary  
1Pacific Investment Management Company LLC4.9$132,360
4Fannie Mae4.6$109,130
5Goldman Sachs4.9$108,830
6Nuveen Investments4.9$106,212
7SEI Investments4.9$105,434
8Morgan Stanley4.9$103,933
9Wellington Management4.9$100,217
10State Street4.9$99,979
12FHLBank Chicago4.6$93,053
13ABN AMRO Chicago Corporation4.4$92,764
14J.P. Morgan4.6$91,013
16BNY Mellon4.9$86,819
17Russell Investments4.5$78,130
18ABN AMRO Asset Management Holdings4.1$74,835
19AIG Global Investment Group4.6$73,553
20Fidelity Investments4.7$70,628

How Much Does Northern Trust Pay By Location?

It's no secret that workers earn different salaries in different parts of the country, since the cost of living can be much higher in certain areas. At Northern Trust, the employees are paid different salaries depending on their location. The city that stands out for having the highest pay is Newport Beach, CA, where Northern Trust pays its workers an average salary of $100,933. This can be compared to Houston, TX, where Northern Trust employees earn an average salary of $88,344.

Salaries By Location At Northern Trust

Rank  Location  Average Northern Trust Salary  Hourly Rate  
1Newport Beach, CA$100,933$48.53
2Houston, TX$88,344$42.47
3Chicago, IL$86,812$41.74
4Tempe, AZ$86,736$41.70
5Lexington, KY$77,665$37.34

Northern Trust Salaries By Department

The salaries that employees earn in Northern Trust can be influenced by the department or organization function that they work in. Based on our analysis, the employees in business development earn salaries at Northern Trust that are well above average, with yearly earnings averaging $112,144. The second-highest paying department is engineering, where employees earn an average salary of $106,893 per year. The organizational functions at Northern Trust that pay the least are administrative and customer service. Workers in these departments earn $54,355 and $77,655, respectively.

Salaries By Department At Northern Trust

Rank  Department  Average Northern Trust Salary  Hourly Rate  
1Business Development$112,144$53.92
11Customer Service$77,656$37.33

How Much Does Northern Trust Pay by Department?

Best Paying Northern Trust Finance Position Salaries

Rank  Position  Average Northern Trust Salary  Hourly Rate  
1Portfolio Manager$159,125$76.50
2Investments Manager$155,632$74.82
3Investment Officer$113,965$54.79
4Senior Consultant$113,118$54.38
5Trust Officer$111,471$53.59
6Finance Analyst$110,027$52.90
7Application Consultant$106,842$51.37
8Investment Associate$100,390$48.26
9Banking Associate$100,290$48.22
10Registered Representative$95,438$45.88
11Implementation Coordinator$86,887$41.77
12Finance Specialist$86,344$41.51
13Senior Analyst$82,134$39.49
14Loan Documentation Specialist$55,159$26.52
15Personal Banker$51,392$24.71
16Account Processor$49,723$23.91
17Loan Processor$47,759$22.96

Best Paying Northern Trust Engineering Position Salaries

Rank  Position  Average Northern Trust Salary  Hourly Rate  
1Application Manager$132,152$63.53
2Senior Software Engineer$125,844$60.50
3Sharepoint Architect$125,617$60.39
4Senior Java Developer$124,994$60.09
5Application Software Developer$119,752$57.57
6Technical Team Lead$112,918$54.29
7Performance Test Lead$110,163$52.96
8Project Leader$109,324$52.56
9Data Architect$108,644$52.23
10Test Manager$107,405$51.64
11Devops Engineer$105,022$50.49
12Tax Map Technician$104,046$50.02
13Database Administrator$103,879$49.94
14Weblogic Administrator$101,754$48.92
15SAP Consultant$96,615$46.45
16Oracle Consultant$95,410$45.87
17Mainframe Programmer$95,314$45.82
18Performance Tester$89,929$43.24
19Computer Scientist$88,034$42.32
20Computer Specialist$87,186$41.92

Best Paying Northern Trust IT Position Salaries

Rank  Position  Average Northern Trust Salary  Hourly Rate  
1Information Systems Manager$139,568$67.10
2Senior Consultant Architect$126,331$60.74
3Application Lead$121,077$58.21
4Solutions Architect$118,124$56.79
5Senior Project Manager$115,484$55.52
6Storage Administrator$112,494$54.08
7Project Leader$109,324$52.56
8Application Consultant$106,842$51.37
9Associate Specialist$106,129$51.02
10Information Security Analyst$102,586$49.32
11Technical Support Specialist$93,358$44.88
12Web Design/Development$92,258$44.35
13Securities Analyst$89,627$43.09
14Implementation Coordinator$86,887$41.77
15Network Engineer$82,003$39.42
16Computer Systems Engineer$79,646$38.29
17Technology Coordinator$79,371$38.16
18Network Administrator$72,473$34.84
19Desktop Support Technician$60,279$28.98

Recently Added Northern Trust Salaries

Job  Location  Date Added  Salary  
Nurse Supervisor P.M P.M.-M-FTempe, AZ04/19/2022$73,045
Property ManagerTempe, AZ04/19/2022$70,000
Software Developers, ApplicationsChicago, IL03/24/2022$107,931
Software Developer, ApplicationsChandler, AZ03/23/2022$156,000
Software Developer, ApplicationsCharlotte, NC03/22/2022$160,000

Frequently Asked Questions About Northern Trust Salaries

Is the pay good at Northern Trust?

Yes, the pay is good at Northern Trust. Compared to the industry average of $96,981 per year, the average annual salary at Northern Trust is $97,713, which is 0.76% higher.

What is the starting pay at Northern Trust?

The starting pay at Northern Trust is $62,000 per year, or $29.81 per hour.

How much does Northern Trust pay compared to Fidelity Investments?

Northern Trust pays $97,713 per year on average compared to Fidelity Investments which pays $70,628. That works out to $46.98 per hour at Northern Trust, compared to $33.96 per hour at Fidelity Investments.

How much does Northern Trust pay an hour?

Northern Trust pays $46.98 an hour, on average.

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Zippia gives an in-depth look into the details of Northern Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Northern Trust. The employee data is based on information from people who have self-reported their past or current employments at Northern Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Northern Trust. The data presented on this page does not represent the view of Northern Trust and its employees or that of Zippia.

Northern Trust may also be known as or be related to Northern Trust, Northern Trust Corporation and The Northern Trust Co.