Sr. Strategic Product Manager, Liquidity

ROLE SUMMARY

Northern Trust Asset Management leverages deep capital markets expertise and capabilities to provide differentiated and innovative investment solutions for clients and profitable growth for shareholders. The Strategic Product Management Group (SPG) mission is to translate our asset management capabilities into a comprehensive product strategy rooted in the firm’s strategic growth plans. The SPG works collaboratively with investment managers and distribution to ensure products are effectively managed through the product life cycle. We are seeking results-driven investment professionals who will play critical roles in commercialization of our core asset management capabilities.

As one of the largest and most experienced cash and ultra-short managers in the world, we work with institutions to optimize their liquidity assets and deliver a solution that is valued in every market cycle. Liquidity is a core product pillar of Northern Trust Asset Management and makes up over $350B in AUM.

The Senior Liquidity Strategic Product Manager is a subject matter expert who develops a comprehensive product strategy, innovation and product management program to grow assets, revenues and profitability of our liquidity product suite. Responsibilities lie across the following areas: (1) driving product strategy and development, based on assessment of markets, clients and competitors; (2) product positioning and messaging; (3) go-to-market action plans to drive product commercialization; (4) oversight of the Northern Trust Liquidity Solutions Portal

PRIMARY RESPONSIBILITIES

• Analyze market and industry trends to inform product development and commercialization efforts. Provide timely competitive intelligence on pricing, flows, asset growth, product trends and performance. Drive business case development for product innovation.
• Position and promote products in collaboration with Product Marketing and Investment Team Strategists with focus on content development for thought leadership and sales collateral. Develop product sales ideas that are informed by current market events and competitive opportunities.
• Accountable for the product development and management of the Northern Trust Liquidity Solutions Portal, a global trading and analytics platform for liquidity products.
• Develop product set assessments, mapping existing products to stages of the product lifecycle, to aid in identification of gaps and establishment of product development priorities.
• Product owner for technology initiatives that further the commercialization efforts and distribution strategy of our liquidity products through digitization.
• Champion product line profitability and evolve pricing and expense management strategies to support the firm’s P&L objectives, including the Northern Trust Liquidity Solutions Portal.

NECESSARY QUALIFICATIONS

• Bachelor degree required; MBA and/or CFA strongly preferred.
• 10+ years of work experience in the investment management industry, with strong demonstrated understanding of liquidity/money market investment products
• Strong analytical and business management skills with an ability to translate broad strategic goals into specific and measurable action plans
• Strong oral and written communication skills, prior experience with product marketing collateral development is a plus
• Strong team orientation with solid negotiation skills and an ability to influence across disciplines and outside of reporting lines; an ability to lead virtual teams
• Proficient with investment tool sets (e.g., Bloomberg, Morningstar, eVestment), Excel and Powerpoint

ABOUT NORTHERN TRUST ASSET MANAGEMENT

As a leading global asset management firm, our investment expertise, strength and innovation have earned the trust and confidence of the world’s most sophisticated institutional and individual investors.

With $1.6 trillion in total assets under management (as of 12/31/2021) and a longstanding fiduciary history of solving complex investment challenges, we believe our strength and stability drive opportunities for our clients. Northern Trust’s forward-looking, historically aware investment approach and deep capital markets expertise power a comprehensive set of solutions. Our asset class capabilities range from passive and factor-based, to fundamental active and multi-manager.

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 that is committed to strengthening the communities we serve!

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

For further information, and to apply, please visit our website via the “Apply” button below.