Non-magnetic Pt catalysts, supported on carbon coated magnetic Co nanoparticles, changed catalytic performance in the presence of an external magnetic field. This behavior relates to an electronic change of Pt induced by a localized magnetic field, which modifies the CO adsorption geometry. In situ resonant inelastic X-ray scattering (RIXS) experiments and theory reveal the change of atop CO adsorption geometry on the Pt catalyst to bridged geometry under an external magnetic field. This observation opens the possibility of catalytic control by means of an external magnetic field.