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. About the Internship Northern Trust’s 10-week paid Summer Internship offers penultimate-year students hands-on experience within a leading global financial services organisation. Based in Canary Wharf, London, the programme runs from 29 June to 4 September 2026 and provides exposure to live projects, senior leaders, and structured professional development. Eligibility & Requirements To be eligible for this 10‑week UK Summer Internship, candidates must: Be an undergraduate student in their penultimate year of study only, returning to university in September 2026 and graduating in 2027. Please note: this programme is not open to first‑year students or graduates. Be available to participate for the full duration of the programme, from 29 June to 4 September 2026. Have the right to work in the UK for 35 hours per week. Be currently pursuing an undergraduate degree and be on track to achieve a 2:1 classification or above. We are looking for candidates who: Are organised and detail ‑ oriented, with the ability to manage multiple tasks concurrently Demonstrate strong analytical and problem ‑ solving skills Have excellent written and verbal communication skills Show a proactive mindset, with a willingness to learn and take ownership of their work Work effectively in a collaborative, team ‑ based environment Proficiency in Microsoft Office, including Excel, Outlook, PowerPoint, and Word What We Offer Salary based on £32,000 per annum (pro-rated) Mentorship and networking opportunities Lunch & Learns with senior leaders Professional development workshops Access to internal learning platforms Social events and an Intern Case Challenge Exposure to Northern Trust’s business, products, and operating environment Internship Opportunities Banking & Markets ( 3 roles) Foreign Exchange The FX internship will allow candidates to gain experience across multiple teams, with a particular focus on Sales and Currency Management. The FX Sales team works with institutional clients to help them manage foreign exchange risk and execute FX transactions efficiently. We partner closely with trading, currency management and relationship teams to deliver pricing, market insight and tailored FX solutions across a global client base. As an FX Sales Intern, you will gain hands ‑ on exposure to day ‑ to ‑ day FX sales activity and support the team across a range of analytical and client ‑ facing tasks, including: Key Responsibilities Supporting sales and trading teams with FX market analysis, trade data review and client reporting Gaining exposure to FX products, pricing, and execution channels Working on ad ‑ hoc projects across FX Sales, Trading and Currency Management Assisting with the preparation of client materials, pitch decks and service review packs Currency Management team is responsible for hedging the FX risk of our clients foreign denominated assets. You will support the team including: Understand how client exposure is sourced, the rules that apply to hedging this and generating the forward trades to successfully manage the exposure Work on bespoke projects to enhance systems and process, knowledge of coding will be helpful Work on research projects to enhance our thought leadership across the FX space Business Management The Global Business Management team covers strategy, financials, governance, reporting and capital portfolio oversight for the Banking & Markets division, within Asset Servicing. Key Responsibilities Analyse Excel-based trackers, financial reports and management dashboards to monitor business performance, headcount, capacity and resource allocation. Support leadership through the preparation of executive briefings, status updates and management reporting, including the tracking and consolidation of delivery milestones. Act as a trusted interface between leadership and various Banking and Markets teams, ensuring effective communication, clear alignment and the timely delivery of high-quality materials. Help manage a budget ‑ led planning process, consolidating and prioritising requests across teams and using data ‑ driven analysis to determine optimal allocation of spend. Convert high level strategic direction into PowerPoint decks that communicate strategy, quarterly/monthly progress and risks. Ensure data accuracy, consistency and traceability across reports and presentations. Liquidity Solutions Liquidity Solutions helps clients meet operational needs, optimize returns on cash, and manage liquidity risk through integrated, enterprise ‑ wide solutions. Key Responsibilities Conduct in-depth qualitative and quantitative research on potential new cost saving/revenue generating opportunities in client liquidity solutions and cash deposits. Prepare and present businesses cases for these opportunities Design and maintain data visualisation and reporting tools such as Power BI to summarise complex datasets. Communicate and coordinate with partners across teams and locations to gather, validate and interpret relevant information. Prepare concise management materials and presentations to support strategic decision making. Develop a strong understanding of how a custody bank functions, including liquidity management, funding structures and balance sheet dynamics. Regulatory Change Key Responsibilities The Reg Change and oversight team and is responsible for regulatory identification, impact assessment and consultative support on the implementation of regulations which impact the products and services provided by the Capital Markets businesses to institutional clients. The team has responsibility for providing centralised oversight of reporting, implementation and escalation for all regulations impacting our Capital Markets business. As a Reg Change Intern, you will gain hands on exposure to the day to day Reg Horizon Scanning activity and support the team across a range of reg change implementation program tasks, including: Co-ordinating the updates to the regulatory change roadmap for key stakeholder forums across the Capital Markets and Enterprise COO function S uppor t the team in tracking the embeddedness of regulatory change framework across the markets business and status reporting on documentation compliance · Facilitate workshops across impacted stakeholders to capture how a regulation impacts an individual business unit · Build stakeholder relationships across FO, Technology, Control, Compliance, and Operations. · Business analysis supporting individual regulatory change projects supporting the capital markets business. EMEA Asset Owners (2 roles) EMEA Asset Owners is a Northern Trust business that supports large institutional investors such as pension funds and sovereign wealth funds across Europe, the Middle East and Africa. We focus on organisations that own assets (rather than manage money on behalf of others) and help them safeguard and administer their assets, meet regulatory requirements, and manage increasingly complex investment operations. Our purpose is to allow clients to focus on their long term investment goals while we provide trusted service, strong governance, and operational expertise. The EMEA Asset Owners business is seeking a highly motivated intern to support business transformation and process automation initiatives across the region. This internship offers hands-on exposure to how a large, complex financial services organization operates, with a particular focus on improving efficiency, scalability, and data-driven decision-making through smarter processes and automation. The specific project(s) will be defined based on business priorities at the time of onboarding, but the intern will work closely with senior stakeholders, business managers, and cross ‑ functional partners to identify opportunities to streamline workflows and enhance operational effectiveness. Key Responsibilities Support analysis of existing business processes to identify inefficiencies, risks, and automation opportunities. Assist in documenting current-state (“as is”) and future-state (“to be”) processes, including controls and dependencies. Contribute to the design, testing, and implementation of simple automation or digitisation solutions (e.g. workflow tools, data tracking, reporting enhancements). Support data gathering, validation, and analysis to inform process improvement recommendations. Prepare clear documentation, presentations, and status updates for stakeholders and leadership forums. Collaborate with colleagues across Asset Owners, Operations, Technology, and Business Management teams. Participate in the wider EMEA internship programme, including onboarding, learning sessions, and networking activities. Technology (3 roles) Asset Servicing, Technology Asset Servicing Technology supports Northern Trust’s Asse t Servicing business, delivering the technology platforms and solutions that enable the safe, efficient, and scalable servicing of institutional clients globally. The function underpins key front ‑, middle ‑, and back ‑ office capabilities by providing secure, resilient, and data ‑ driven technology solutions that support critical business operations and client outcomes. There are three available positions within Technology, two within Software Development and one within IT Capacity. Software Development Key Responsibilities As part of this role, you will have the opportunity to contribute to and learn from technology initiatives that support key business operations across the Asset Servicing domain, including Capital Markets, Global Fund Services, and Transfer Agency. You will gain exposure across the entire software stack, from user facing interfaces through to backend services and data layers. Working as part of a full stack engineering team, you will have opportunities to: Design and develop resilient, scalable software solutions operating in hybrid environments, including public cloud and on premises platforms. Build solutions that incorporate non - functional requirements, such as telemetry, monitoring, alerting, and log aggregation. Work with a modern technology stack, including Node.js, Python, Java, React, NoSQL technologies, relational databases (Oracle, SQL Server), and analytical data platforms such as Snowflake. Examples of projects you may contribute to include: Transfer Agency client and investor experience that enables users to manage static data, submit documentation, review investment activity, and transact via a web portal and mobile app, designed to provide near real time transparency into transaction status. The platform follows an API first approach, making data available externally through a secure API gateway, and uses an event driven design to support real time transactions and positions. Technologies you may work with on the programme : React (UI), Node.js / Java / Python (services), NoSQL and relational databases (Oracle, SQL Server), and Snowflake for analytic An internal application used by Global Fund Services Oversight teams, where partners review daily alerts and controls. It is integrated with pre pricing and post pricing workflows, and includes real time backend services that the UI connects to during day to day use. Technologies you may work with on the programme : React (UI), Node.js / Java / Python (services), plus SQL Server/Oracle and Snowflake depending on the data and reporting needs. Through this experience, you will develop strong technical foundations and practical exposure to enterprise scale systems within a global financial services environment. Potential future career paths following the programme may include Software Engineer, Data Engineer, DevOps Engineer, Site Reliability Engineer (SRE), or Architect. IT Capacity Management IT Capacity Management is the discipline within IT service design that ensures technology platforms and applications have the right amount of capacity—compute, storage, network, and supporting components—to meet current and forecasted business demand in a reliable and cost effective way. It combines continuous monitoring of performance and usage, analysis of historical trends and business volume drivers, and forward looking forecasting to identify risks before they impact service. Key Responsibilities As part of this role, you will have the opportunity to contribute to and learn from technology initiatives that support key IT Capacity Management initiatives across Technology. Build and enhance automations using Power Automate to streamline capacity management workflows across SharePoint, ServiceNow, Dynatrace, and Power BI. Design and maintain data pipelines that collect, normalize, and validate capacity and performance data from monitoring and ticketing systems Develop Power BI dashboards and reports to visualize capacity trends, risks, and exceptions for stakeholders Support capacity management processes by automating intake, tracking, and reporting of capacity exceptions and requests Document solutions, assumptions, and learnings to ensure handover, reusability, and operational readiness Examples of projects you may contribute to include: Automate the capacity management exception process, including expiry, notifications, and re attestation Build Dynatrace to ServiceNow automation to surface and track infrastructure level capacity risks Create Power Automate flows to keep capacity reference data in sync across ServiceNow, SharePoint, and Power Apps Automate ingestion of actual KPI data from applications into capacity forecasting tools Develop or enhance Power BI dashboards to show capacity trends, risks, and forecast accuracy Prototype improvements to forecast accuracy, such as trend based or ML assisted forecasting models Global Family Office (“GFO”) - Wealth ( 2 roles ) Relationship Management Global Family Office (“GFO”) is a sales and client servicing team dedicated to supporting very wealthy families and their charities and foundations. With over $200mm in investable assets, these families act like institutions but require a personal and high touch approach, as well as the highest level of discretion. Our families wealth is mixed in nature with some being multi-generational inherited wealth and some being new entrepreneurial wealth. Key R esponsibilities: W orkin g closely with the EMEAs relationship management team on a variety of projects that will support the enablement, growt h and development of the client franchise Utilising data to model outcomes of workloads, product c ampaigns and allocation of resources Engagement with the family office advisory lead to support projects and product development Learning and understanding the family office and wealth management environment Northern Trust Asset Management (3 role s ) NTAM is a leading global investment manager that manages $1.4 trillion in assets. We have a rich history of helping discerning investors realize their financial goals, we employ a purposeful, risk-aware approach that leverages the practical wisdom gained over time – and has earned us the confidence of investors worldwide. At NTAM, we help investors navigate changing market environments in efforts to realize their long-term objectives. We purposefully combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft efficient solutions that seek to deliver targeted investment outcomes Operations As an NTAM Operations Intern, you will gain hands‑on exposure supporting daily trading needs, change management, onboarding, reporting, data management, third party management, controls activity and support the wider NTAM team across a range of analytical and client‑facing tasks, including: Key Responsibilities Supporting Portfolio Management and Trading Servicing through pre and post execution analysis and confirmations Gaining exposure to Onboarding new clients and funds to the NTAM platform Working on ad‑hoc change projects across the wider NTAM business to support growth and technology initiatives. Supporting Corporate Action Events, working with the portfolio managers and gathering election information. Work on the oversight of Third Parties and ensuring that they adhere to our business needs and adhere with regulatory requirements. Gain exposure to Regulatory environments through our Regulatory Change and Regulatory Reporting functions. Business Management In this position, you will work closely with the Business Management team within NTAM International, providing direct support to the Head of NTAM International and Sustainable Investing team across a broad range of strategic and operational priorities. This role offers exposure to senior leadership decision‑making and the opportunity to contribute to the development and execution of strategic initiatives that support the international business. The intern will a ssist with strategic analysis, preparation of management materials, and coordination of inputs from multiple stakeholders to help drive clarity, alignment, and execution across the platform. In addition, the intern will support core business management activities spanning finance, communications, project oversight, and governance. Responsibilities will include assisting with financial tracking and reporting, drafting internal communications and briefing materials, and helping monitor progress against key projects and initiatives. The intern will also support governance processes by helping prepare meeting materials, tracking actions and decisions, and ensuring appropriate documentation and follow‑up. This role is well suited to a highly motivated individual seeking hands‑on experience in a fast‑paced, international asset management environment with strong exposure to strategy, leadership support, and cross‑functional collaboration. Fixed Income Portfolio Management & Trading The London Fixed Income team is a small, high-impact group operating within a globally integrated investment platform. The team relies heavily on data-driven analysis and analytical tools to generate investment insights, support portfolio decisions, and enhance operational workflows. You will work directly with the London team lead while collaborating with global colleagues across research, portfolio construction, and analytics. The role is highly analytical, focused on working with data, models, and dashboards to support macroeconomic research, market analysis, and portfolio monitoring. Interns will take ownership of defined workstreams and deliver tangible outputs during the programme. Key Responsibilities Support portfolio managers with market research, data analysis, and performance reporting Monitor portfolio positions, risk metrics, and trading activity Conduct market and competitor research across European asset management markets Support macroeconomic research across European economies (growth, inflation, monetary policy, fiscal trends) Develop and maintain analytical models and dashboards tracking yield curves, spreads, and market indicators Assist in building and testing portfolio construction and investment models Identify opportunities to improve data workflows, reporting processes, and operational efficiency Collaborate with global teams to deliver consistent and actionable analysis What You Will Gain Hands-on experience with macroeconomic data, investment models, and portfolio analytics Ownership of analytical tools and dashboards used in investment decision-making Exposure to global fixed income markets and portfolio management processes Experience supporting research, automation initiatives, and investment discussions Qualifications Currently pursuing a degree in finance, economics, mathematics, engineering, data science, computer science, or a related analytical discipline Strong interest in fixed income markets, macroeconomics, and asset management Strong coding capability (Python and/or SQL preferred) Experience with data analysis or visualisation tools (e.g., Power BI, Tableau, matplotlib, Plotly) advantageous Comfortable working with large datasets and analytical frameworks Ability to work independently in a small team while collaborating globally Strong attention to detail, communication skills, and proactive problem-solving approach How to Apply Submit an online application including: CV (required) Cover letter outlining your preferred business areas in order of preference. Please note, while we will make every effort to take your preferences into account, placement cannot be guaranteed due to the high volume of applications received. To ensure you are fully considered, we encourage you to list all business areas you would be happy to be considered for, ranked in order of preference, as applications may only be reviewed for the areas specified. Key Dates Application deadline: Close of business (COB), 1 April Interviews: Weeks commencing 20 April and 27 April 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.