Data Product Manager, Fund Accounting / Custody – Asset Servicing

Data Product Manager, Fund Accounting / Custody – Asset Servicing

Summary

The Data Product Manager, Fund Accounting / Custody – Asset Servicing is responsible for executing the strategy of the product umbrella as outlined by the Lead Product Manager, Product Executive and Head of Product Management for the Asset Servicing business unit. The successful candidate will be responsible for Product Management Lifecycle activities, such as defining the target client segment market and evaluating industry trends and uncovering opportunities. The Data Product Manager will also perform launches and post launch assessments / recommendations.

Major duties

1. Develop market insight by defining the target client segment markets and evaluating industry trends.
2. Formulate strategy for the group by aligning cross functional teams, uncovering opportunities and determining life cycle states.
3. Shape the value proposition, develop the business case and define the marketing mix model as part of the new product planning process.
4. Lead in introducing new products to the market by securing regulatory approvals, publishing marketing material and conducting sales training.
5. Assess industry movement and refine value based pricing post the launch of new products.
6. Able to lead initiatives relating to client segmentation, evaluating market trends and uncovering opportunities.
7. Attend and present at industry events and publish in industry publications.
8. Provide sales support including presenting at client and prospect meetings.
9. Create strategies for cross-program coordination and go-to market rollouts.
10. Carries out complex initiatives involving multiple disciplines and / or ambiguous issues.
11. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
12. Conducts post launch audits, tracks product success, analyses P &L, metrics, KPIs, Makes recommendations for improvements to promotional programs.
13. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise.

Knowledge / Skills

• Excellent oral and written communication skills are required. Proficient in constructing / overseeing logical and conclusive presentations, distilling complex subject matter into management-ready materials
• Thorough understanding or knowledge of all products or business areas within an umbrella roadmap, mastery of 2-4+ and SME ability in at least 1-2+ specific areas; 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
• Strong 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

Experience required

• Knowledge of Northern Trust Asset Servicing practice
• Understanding of client data use patterns for multiple books of record
• API knowledge is a plus
• A College or University degree and / or relevant proven work experience is required.

About Northern Trust: Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2022:

• BEST OF THE BEST 2022, HISPANIC network, a Latino Business & Employment Magazine
• THE WORLD’S MOST ADMIRED COMPANIES 2022, FORTUNE
• Gender Equality Index 2022, Bloomberg

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.