We investigate the dynamics of a quantum system coupled linearly to Gaussian white noise using functional methods. By performing the integration over the noisy field in the evolution operator, we get an equivalent non-Hermitian Hamiltonian, which evolves the quantum state with a dissipative dynamics. We also show that if the integration over the noisy field is done for the time evolution of the density matrix, a gain contribution from the fluctuations, can be accessed in addition to the loss one from the non-hermitian Hamiltonian dynamics. We illustrate our study by computing analytically the effective non-Hermitian Hamiltonian, which we found to be the complex frequency harmonic oscillator, with a known evolution operator. It leads to space and time localisation, a common feature of noisy quantum systems in general applications.