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"We established ourselves here in 2004 to help clients take advantage of European fund opportunities. In 2019 Luxembourg became the new headquarters for our EU bank. From here, we provide a range of fund administration, depositary, custody and related asset servicing solutions for leading fund managers, corporations, multinationals, and pension institutions."

Olivier Noël

Country Head, Luxembourg, Northern Trust

Why Northern Trust

Fast Facts about Northern Trust Luxembourg

22
years

Our team in Luxembourg have been serving clients for more than 22 years. They work together to guide the world’s most successful individuals, families and institutions through exceptional service, collective expertise, and uncompromising values.

8th

As per 2025, we are the 8th largest organization in Asset under Administration in Luxembourg, which is the second largest market worldwide for investment funds. Only the U.S. market is larger in terms of assets.

450+
employees

Did you know we have more than 450 people working at Northern Trust Luxembourg?

Office tour

Check out this fantastic walk-through video of our Luxembourg office

We are so proud to showcase this stunning office space that appeals to clients and employees alike. Some of the fantastic amenities include the canteen, floor break-areas, and bee hives on our roof.

Can you see yourself working here? 💚

#LifeAtNT

The Work You'll Do

at Northern Trust Luxembourg

01

Asset Servicing

This business unit supports the needs of institutional investor clients in the form of custody, asset administration, and other fund and investment services. It provides data and expertise through front-, middle- and back-office solutions to help some of the world’s largest and most complex organizations and institutions make more informed decisions.

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02

Wealth Management

Guided by 135+ years of experience serving some of the world's most successful individuals, families and businesses, our dedicated team delivers expertise in banking, estate planning, tax management, investments and more.

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03

Chief Operating Office

The COO organization continuously reviews our operating model to drive operational excellence and scalable growth. Our teams work to ensure our industry-leading service to our clients is agile, efficient and compliant while ensuring our operations are resilient & sustainable to the risks of today and tomorrow.

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04

Technology

Build, enhance and support emerging and advanced technology solutions and operations that drive business growth. Our Technology group includes thousands of employees across a wide range of technical and non-technical roles, most working collaboratively as part of global teams from over a dozen locations.

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05

Corporate Groups

Our Corporate Groups enable our strategy by delivering expertise and operational support across critical functions—Human Resources, Finance, Risk Management, Legal, Audit, Marketing & Communications, Technology and Operations. These groups collaborate to drive execution, strengthen resilience and ensure long-term success for our clients and our business.

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Life at Northern Trust

Stories of our people, culture and work

Meet Our Luxembourg Team

Mohit Jindal - Fund AccountingMohit Jindal - Fund Accounting“My 17 year journey with Northern Trust has been one of continuous growth, starting in India and taking me across global teams and international assignments in Ireland and Switzerland. These experiences have helped me build a global perspective and the confidence to take on new challenges. What stands out to me is the culture of support and collaboration, which I’ve experienced first-hand. The Luxembourg office reflects this, with its focus on ownership, teamwork, and continuous learning, making it a truly rewarding place to build a long-term career.”Kristine Grunina - Consultant, Client OnboardingKristine Grunina - Consultant, Client Onboarding"My journey at Northern Trust has allowed me to work on complex client onboarding and fund transition projects alongside talented colleagues across the Europe and North America. No two days are ever the same which keeps things interesting and certainly keeps my coffee consumption consistent! What I enjoy most is the collaborative culture, the opportunity to continuously learn, and the chance to make a meaningful impact for our clients."David Lavery - Global Client Service Delivery ManagementDavid Lavery - Global Client Service Delivery Management“I joined Northern Trust in 2018, and over this time, my journey has been both rewarding and fulfilling. It has been a path of continuous learning that has strengthened my commitment to delivering exceptional client service. One of the aspects I enjoy most about my role is the opportunity to collaborate with colleagues and clients across jurisdictions. Working with diverse teams, both within Northern Trust and on the client side, has broadened my perspective and allowed me to build strong relationships while supporting our clients' evolving needs.”

Our Luxembourg Office

10 Rue du Château d’Eau

Leudelange

Grand‑Duché de Luxembourg, 3364

Employee focused initiatives

Culture means more at Northern Trust Luxembourg.

After-Work Fun at Schueberfouer

Our team in Luxembourg came together for Schueberfouer – which included a night of good food, better company, and lots of fun! This rich celebration of local culture and traditions was a wonderful opportunity for our team to connect, strengthen their bond, and create shared memories. On the night, our teams jumped on carousels, laughed all the way, and fueled the adventure with great food and some drinks. Well done to the Luxembourg Sports and Social Committee for organizing the event and a big thanks to everyone who joined (over 50 of you) and made it a great night 💚

Achieving Greater Together - Food Collection

In 2025 as part of our Achieving Greater Together (AGT) programme our team in Luxembourg managed to volunteer over 800 hours and donate over 40,000 meals, which was a great achievement. The team continue to assist the Banque Alimentaire and the Food Bank in Luxembourg. Sixteen employees participated in raising awareness of the charity and helped to collect donations at the local Del Haize supermarket. Later in the month, more of the team assisted in their local warehouse to prepare food donations intended for distribution to other non-profit organizations such as shelter and homeless charities.

Wine and Cheese tasting Night

An evening that was extra-mature, creamy, and full-bodied — with no trace of cheese except on the platter. This is what awaited our team for the Wine and Cheese Evening when Northern Trust visited an all-in Italian wine cellar with complementary cheeses. It led to conversations as sharp as parmesan and as smooth as brie.

Women in Finance Charter

We are proud signatories to the Luxembourg Women in Finance Charter. Supported by the Luxembourg Ministry of Finance , this Charter underpins the industry’s ambition to see increased participation of women at all levels within financial services organisations and representative bodies in Luxembourg.

As participants, we acknowledge the role we play and are focused on supporting and developing women at all levels. When we signed the Charter in March 2023, women represented 39% of our senior management population in Luxembourg. We set a target of increasing representation to 42% by the end of 2029 and achieved this milestone in December 2025, four years ahead of schedule. We remain focused on sustaining this progress and strengthening our leadership pipeline to support long-term gender balance at senior levels.