Northern Trust · 21 hours ago
Regional Payroll Consultant
Chicago, IL
Full-time
Hybrid
Senior Level
$74K/yr - $100K/yr
5+ years expNorthern Trust is a globally recognized financial institution that has been operational since 1889. The Regional Payroll Consultant is responsible for the day-to-day payroll production, ensuring timely and compliant payroll processes, while also supporting team members and analyzing payroll policies for compliance.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Performs daily payroll activities to ensure timely, accurate, and compliant payroll production of assigned payrolls including complex and year-end activities
Reviews payroll adjustment requests to ensure proper authorization and compliance with corporate policies, employment tax & other payroll-related laws; and advises management of appropriate corrective action when an error occurs
Responds to payroll inquiries from all levels throughout the organization to explain pay, adjustments to pay, and impact of policies, tax law and related changes. Reviews the work of other team members including but not limited to review of data payroll input and manual calculations. Acquires knowledge of other team members’ payroll activities and performs back up support
Analyzes existing policies, procedures, and practices to ensure compliance with tax & other payroll-related laws and regulations. Recommends and implements modifications of existing payroll processes to ensure compliance with requirements
May be responsible for system/application testing (e.g., upgrades, tax updates, etc.) where applicable, and may participate in HR system or payroll implementations and other payroll projects and process improvements for assigned payrolls
Researches and monitors regulatory and legislative changes impacting payroll areas of responsibility to ensure ongoing compliance
Responsible for input or review of country/regional metrics for assigned payrolls and any other applicable and/or requested management reports
Serves a key subject matter expert and may coach and/or train Analyst and Associate Consultant level team members
Handles all types of analysis and complex work
Represents the department in various meetings Works on projects as requested and learning project management skills
Qualification
Required
5 or more years of payroll required, preferably in multiple countries
Must be familiar with all aspects of payroll processing including payroll production, reconciliation
Attention to detail, ability to work independently, and organizational skills to meet strict deadlines
Able to multi-task in a high paced environment
Excellent analytical and problem solving skills, and focus on continuous improvements
Able to facilitate discussions and reach decisions with some guidance
Knowledge of other areas of Human Resources & Finance, and their impact on payroll production activities
Benefits
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
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component
Company
Northern Trust
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking.
10001+ employees
H1B Sponsorship
Northern Trust has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (180)
2024 (203)
2023 (102)
2022 (74)
2021 (298)
2020 (83)
Funding
Current Stage
Public CompanyTotal Funding
$1.25B2025-11-20Post Ipo Debt· $1.25B
1978-01-13IPO
Leadership Team
Michael O'Grady
President, Chief Executive Officer & Director
Peter Cherecwich
Chief Operating Officer
Recent News
2026-01-23
2026-01-22
Company data provided by crunchbase