Strategy Business Operations Jobs in Illinois
Strategy Business Operations jobs in Illinois are in strong demand, concentrated in corporate headquarters, management consulting, financial services, and healthcare administration, with openings at every level from analyst to senior director. Chicago is the dominant hiring hub, with Naperville and Schaumburg serving as active suburban centers, and well-established employers such as United Airlines, Abbvie, and Aon consistently maintaining strategy and business operations teams across the state. The most sought-after specialties in Illinois include enterprise performance management, cross-functional process improvement, and M&A integration. Find a role that fits below and apply directly.
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About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Summary
The Strategic Portfolio Management (SPM) team within Wealth Management Business Enablement oversees the portfolio of strategic initiatives and capital investments, ensuring alignment between business strategy and execution. The role partners with senior leaders to optimize investment decisions, portfolio governance, reporting, and value realization.
Key Responsibilities
- Lead strategic portfolio management processes, governance, and reporting.
- Develop and present financial and operational analyses to senior leadership.
- Create portfolio reporting that provides transparency for decision-making.
- Build financial models, scenario analyses, and executive-level presentations.
- Partner with Product, Technology, and Wealth Management leadership.
- Drive change management, accountability, and issue resolution.
- Maintain visibility into portfolio risks, dependencies, investments, and outcomes.
- Mentor team members and foster cross-functional collaboration.
Required Experience & Skills
- Approximately 10+ years of relevant experience.
- Strong financial, portfolio, and data analysis capabilities.
- Advanced Excel and PowerPoint skills.
- Excellent executive communication and presentation skills.
- Ability to influence senior leaders and drive decisions through analysis.
- Strong strategic thinking, problem-solving, and organizational skills.
- Ability to work independently and drive initiatives to completion.
- Experience building relationships across all organizational levels.
- Ability to manage a team.
Salary Range:
$114,700 - 194,900 USDSalary 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.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Summary
The Strategic Portfolio Management (SPM) team within Wealth Management Business Enablement oversees the portfolio of strategic initiatives and capital investments, ensuring alignment between business strategy and execution. The role partners with senior leaders to optimize investment decisions, portfolio governance, reporting, and value realization.
Key Responsibilities
- Lead strategic portfolio management processes, governance, and reporting.
- Develop and present financial and operational analyses to senior leadership.
- Create portfolio reporting that provides transparency for decision-making.
- Build financial models, scenario analyses, and executive-level presentations.
- Partner with Product, Technology, and Wealth Management leadership.
- Drive change management, accountability, and issue resolution.
- Maintain visibility into portfolio risks, dependencies, investments, and outcomes.
- Mentor team members and foster cross-functional collaboration.
Required Experience & Skills
- Approximately 10+ years of relevant experience.
- Strong financial, portfolio, and data analysis capabilities.
- Advanced Excel and PowerPoint skills.
- Excellent executive communication and presentation skills.
- Ability to influence senior leaders and drive decisions through analysis.
- Strong strategic thinking, problem-solving, and organizational skills.
- Ability to work independently and drive initiatives to completion.
- Experience building relationships across all organizational levels.
- Ability to manage a team.
Salary Range:
$114,700 - 194,900 USDSalary 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.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
See All 16 Strategy Business Operations Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
Find JobsStrategy Business Operations Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Strategy Business Operations Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring
What Illinois Employers Look For
The qualifications that appear most often in strategy business operations jobs across Illinois.
- Bachelor's degree in business administration, strategy, finance, or a related field
- Proven experience supporting strategic planning, OKR setting, or annual operating cycles
- Proficiency in financial modeling, data analysis, and tools such as Excel or Tableau
- Track experience leading cross-functional initiatives across large Illinois-based organizations
- Strong stakeholder communication skills, including executive-level presentation experience
- Familiarity with ERP platforms such as SAP or Oracle commonly used by Illinois enterprises
Strategy Business Operations Jobs in Illinois: Frequently Asked Questions
How do you become a strategy business operations professional in Illinois?
Most Illinois employers expect a bachelor's degree in business, finance, economics, or a related field, with an MBA valued for senior roles. Illinois does not require a state-issued license for strategy business operations work, so hiring is driven by education and experience. Starting in analyst or coordinator roles at Chicago-area corporations, consulting firms, or large institutions, then building cross-functional project experience, is the most reliable path into the field.
How much do strategy business operationses make in Illinois?
Strategy business operationses in Illinois earn a median of about $82,070 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $46,360 for the lowest 10% to over $137,100 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire strategy business operations professionals in Illinois?
Employers hiring strategy business operations professionals in Illinois right now include Solesence, Exit Factor, and Citi, based on current listings on Migrate Mate as of November 2026. Illinois's dense concentration of Fortune 500 headquarters and major healthcare and financial services firms means consistent demand across industries throughout the Chicago metro and surrounding suburbs.
Which Illinois cities have the most strategy business operations jobs?
Chicago, Aurora, and Mettawa account for the greatest number of strategy business operations openings in Illinois. Chicago leads because it hosts the largest concentration of corporate headquarters, consulting firms, and financial institutions in the Midwest, while Naperville and Schaumburg draw openings from major suburban campuses and regional operations centers for national companies.
Are there remote strategy business operations jobs in Illinois?
Yes, and more than most fields, since strategy business operations work is fundamentally analytical, meeting-driven, and document-based rather than tied to a physical site. About 91% of strategy business operations openings tied to Illinois are remote or hybrid as of November 2026, reflecting how well the role adapts to distributed work. Planning cycles, performance reporting, and project coordination are the functions most commonly handled fully remotely.
How can I get hired as a strategy business operations professional in Illinois with little or no experience?
The most realistic entry path is applying to rotational business analyst or associate programs at large Illinois employers such as major Chicago-area healthcare systems, financial services firms, or corporate headquarters that run structured early-career cohorts. Roles such as operations coordinator, project administrator, or business analyst associate serve as common lateral entry points. Building proficiency in Excel, PowerPoint, and basic financial modeling, and completing a project management certificate, gives candidates a clear edge in Illinois hiring processes.
Where can I find and apply to strategy business operations jobs in Illinois?
You can find and apply to strategy business operations jobs in Illinois on Migrate Mate, which lists current Illinois openings across industries and experience levels. Search the available roles, find the ones that fit your background and location, and apply directly without creating a profile or signing up.
See All 16 Strategy Business Operations Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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