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$115k–$195k/yr
Full-time
bachelor degree
Retirement Benefits, 401k, Pension, Medical Insurance, Dental Insurance, Vision Insurance
Posted 27d ago
~40 hrs/week
Responsibilities
Lead the strategy, roadmap, and execution of enrollment, entitlement administration, and access governance capabilities. Partner with technology and risk teams to deliver secure, scalable, and client-centric solutions while conducting post-launch assessments.
Requirements
Requires strong expertise in user access management and authentication along with the ability to develop business strategies and manage product lifecycles. A college degree and proven experience in product management within a regulated financial environment are preferred.
Full job description
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.
Responsible for executing the strategy of the Enrollments & Entitlements product portfolio as outlined by the Lead Product Manager, Product Executive and Head of Product Management for the business unit. Responsible for Product Management Lifecycle activities such as defining the target client segment market and evaluating industry trends and uncovering opportunities. The Senior Product Manager will lead the strategy, roadmap, and execution of enrollment, entitlement administration, authentication, and access governance capabilities while performing launches and post-launch assessments/recommendations. Acts as a resource for direction, training and guidance for less experienced staff.
Major Duties:
Develop market insight by defining the target client segment markets and evaluating industry trends
Formulate strategy for the group by aligning cross functional teams, uncovering opportunities and determining life cycle states
Shape the value proposition, develop the business case and define the marketing mix model as part of the new product planning process
Lead in introducing new products to the market by securing regulatory approvals, publishing marketing material and conducting sales training
Assess industry movement and refine value-based pricing post the launch of new product
Attend and present at industry events and publish in industry publications
Provide sales support including presenting at client and prospect meetings
Create strategies for cross-program coordination and go-to-market rollouts
Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
Conducts post launch audits, tracks product success, analyses P&L, metrics, KPIs, and makes recommendations for improvements to promotional programs
Define and execute the product roadmap for enrollment, entitlement administration, authentication, and access governance capabilities
Partner with Technology, Operations, Risk, Compliance, and Security teams to deliver secure, scalable, and client-centric enrollment and entitlement solutions
Drive enhancements to enrollment, entitlement, user administration, and self-service access management capabilities through analysis of client feedback, business priorities, and performance metrics
Ensure appropriate governance, controls, auditability, and regulatory compliance are incorporated into enrollment, authentication, entitlement, and access administration processes
Knowledge:
Excellent oral and written communication skills are required. Proficient in constructing/overseeing logical and conclusive presentations, distilling complex subject matter into management-ready materials
Knowledge of all products or business areas within an umbrella, mastery of 2-4+ and/or SME ability in 1+ and a strong understanding of client needs and how this impacts the product development agenda/roadmap
Excellent in building key relationships, influencing and negotiating with clients, partners and leaders across multiple disciplines
Program or project management experience is advantageous; planning, analysis, design and governance
Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment
Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff
Strong knowledge of enrollment, entitlement administration, user access management, authentication, and access governance capabilities
Understanding of risk, compliance, audit, and security requirements related to enrollment and entitlement management
Experience:
A College or University degree and/or relevant proven work experience is preferred.
Salary Range:
$114,500 - 194,700 USD
Salary 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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
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