Northern Trust

Principal Software Engineer

Northern Trust  •  $137k - $234k/yr  •  Chicago, IL (Onsite)  •  2 months ago
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Job Description

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.

Title: Principal Software Engineer

The Principal Software Engineer in NTAM Investments Technology is a senior technical leader with 10+ years’ experience responsible for architecting and delivering scalable software and data platforms with a strong emphasis on Python-based services, data engineering, and production-grade AI/ML enablement. This role partners closely with engineers, product owners, architects, and business stakeholders in NTAM Investments to build secure, reliable, and high‑performance systems, while setting engineering standards and mentoring other engineers.

The ideal candidate has deep hands‑on expertise in Python (PySpark/FastAPI), React, strong SQL and data modeling capabilities, experience deploying on Microsoft Azure/Cloud, and demonstrated ability to operationalize AI‑driven applications by integrating machine learning models into production systems.

Key Responsibilities:

Technical Leadership & Architecture

  • Understanding of Asset Management Investments asset classes (equities, fixed income, alternatives), portfolio theory, and investment constraints.
  • Technical ownership, clearly communicate trade‑offs, risks, and dependencies to senior investment and technology stakeholders.
  • Lead the design, development, and deployment of scalable solutions using Python, Azure services, and SQL‑based data platforms
  • Define and enforce coding standards, architecture best practices, and development workflows through design and code reviews
  • Drive modern architecture patterns including API‑driven microservices and event‑driven (pub/sub) systems
  • Design and optimize SQL data models, queries, and stored procedures in Snowflake for performance and scalability
  • Establish strong testing and quality standards, including unit testing and API test automation

AI Tools Enablement (Developer Productivity & Governance)

  • Champion adoption of GitHub Copilot as an AI‑assisted development capability (pair programming, refactoring, debugging, test generation) while ensuring SDLC discipline remains intact (peer review, testing, approvals, CI gates, scanning).
  • Establish and maintain Copilot instruction files and reusable agent skills to encode team conventions (architecture guardrails, naming/testing standards, security expectations), reducing repetitive prompting and improving consistency of generated output across repositories.
  • Define and scale an “agentic SDLC” approach where AI agents assist across the lifecycle (requirements/backlog drafting support, code scaffolding, test automation, documentation), with engineers retaining accountability for design decisions and quality gates.
  • Partner with DevOps / platform teams to drive measurable outcomes from AI‑assisted delivery (e.g., cycle time improvements, testing automation adoption) and proactively manage bottlenecks created by increased PR throughput and review load.
  • Promote responsible and secure AI usage patterns, including guidance around prompt hygiene, data minimization, and avoiding unsafe behaviors (e.g., prompt injection risks, unsafe code generation) when using agents and AI assistants.

Collaboration, Influence & Mentorship

  • Partner cross‑functionally with engineering, QA, DevOps, and product teams to deliver cohesive solutions.
  • Mentor and coach engineers across levels, raising the overall technical bar
  • Communicate complex technical concepts clearly to non‑technical stakeholders and influence architectural decisions.

Domain Knowledge (Highly Preferred)

  • Experience with solutioning and integrating with Axioma portfolio optimizer, Risk models and developing Optimization constraints for Fixed Income portfolio construction.
  • Experience with Aladdin Enterprise/Charles River (CRD), Bloomberg AIM or other Portfolio and Order Management, integrating Aladdin SaaS to develop Investment tools and processes.
  • Experience with financial data providers (e.g., Bloomberg, FactSet, MSCI) and APIs.

Salary Range:

$137,400 - 233,600 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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 MyHRHelp@ntrs.com


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.

Northern Trust

About Northern Trust

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity.

A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence.

Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across five core business units:

Wealth Management

Asset Management

Asset Servicing

Technology

Corporate Functions

Join a Team That’s Made for Greater

At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you.

As of December 31 2024, Northern Trust had:

$16.8

trillion assets under custody/administration

$13.3

trillion in assets under custody

$1.6

trillion in assets under management

$156

billion in banking assets

Stay connected with us:

NT Careers Facebook - https://www.facebook.com/ntcareers

Northern Trust Instagram - https://www.instagram.com/northerntrustcompany/

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Chicago, Illinois
Year Founded
1889
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