Principal AI Engineer

Northern Trust

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
Chicago, IL
Salary
$137,400–$233,600 / yr
Posted
62 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $203k
This role $186k
$121k most similar roles pay here $288k

This role pays less than 69% of similar roles. Most pay $174,600–$231,000 — the shaded band above. At the midpoint, this role pays about $186k versus about $203k for comparable roles.

Based on 239 similar postings.

Employer

About Northern Trust

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, and high-net-worth individuals. Industry: Financial Services & Asset Management

Northern Trust currently has 48 open roles on FindRole.

Listed pay typically runs $114,500–$194,700 across 43 roles with salary data.

Most-posted roles

View all roles at Northern Trust

At a glance

TL;DR · Principal AI Engineer

As a Principal, AI Engineer on the AI Engineering team, you will design and implement secure, scalable, and compliant generative AI systems within a highly regulated financial environment. You will build production-grade applications using Azure AI Foundry, integrating multiple model providers like Anthropic Claude and OpenAI GPT while applying modern patterns such as RAG, agents, tool use, and orchestration. Your daily responsibilities include architecting data pipelines for structured and unstructured information, managing metadata, and overseeing the integration of internal banking systems and external feeds into an enterprise framework. You will utilize Python, SQL, PySpark, and vector databases like PGVector or Pinecone to solve complex problems in portfolio management and customer intelligence. Required skills include experience with REST APIs, cloud platforms, and financial data providers like Bloomberg, while ensuring all solutions meet strict regulatory compliance and risk management standards.

What does a AI Engineer earn?

Median $211200 from 132 postings across 36 companies.

See salary data

What you'll do

  • Design and implement secure, scalable AI platforms using Azure AI Foundry and various LLM providers like Claude and GPT.
  • Develop and oversee the integration of structured and unstructured data into the enterprise AI framework.
  • Architect and implement automated data pipelines from internal banking systems and external feeds for AI/ML use cases.
  • Lead the development of client-facing AI capabilities and interactive dashboards that meet responsible AI standards.
  • Drive semantic architecture and engineering practices to advance enterprise context engineering.
  • Manage vendor negotiations and select data solutions to ensure scalable consumption with favorable terms.
  • Ensure all AI data assets maintain proper metadata management, data lineage, and audit trails for regulatory compliance.
  • Mentor and coach engineers, product managers, and architects as the AI integration practice scales.

What we're looking for

  • Bachelor’s or Master’s degree in Computer Science, Data Engineering, or a related field.
  • 10+ years of experience in data engineering or integration, preferably within financial services or banking.
  • Proficiency in Python, SQL, VS Code, GitHub Copilot, and various data integration tools.
  • Experience building production-grade LLM/GenAI applications using patterns like RAG, Agentic AI, and NLP2SQL.
  • Expertise in cloud platforms (Azure, AWS, GCP), container architecture, and vector databases like PGVector or Pinecone.
  • Proficiency in generative AI and LLM data preparation specifically for financial use cases.
  • Knowledge of financial data providers such as Bloomberg, Refinitiv, and Factset.
  • Work Authorization.

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