Additional Information
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Sr. Product Manager - Aggregation (Open Banking)
Role Summary
Responsible for executing the strategy for the Aggregation / Open Banking product area as outlined by the Lead Product Manager, Product Executive, and Head of Product Management. This role owns Product Management lifecycle activities-defining target client segments, evaluating industry trends, uncovering opportunities, shaping value propositions and business cases, and leading launches and post-launch assessments/recommendations. Acts as a resource for direction, training, and guidance for less experienced staff while driving cross-functional alignment across business, technology, data, risk, and operations.
In addition, this role is accountable for the Aggregation capability that enables external account connectivity and data ingestion across the Wealth ecosystem, including oversight of aggregation providers and the reliability/quality of aggregated data across internal platforms.
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)
Major Duties
Develop market insight by defining target client segment markets and evaluating industry trends
Formulate strategy by aligning cross functional teams, uncovering opportunities and determining lifecycle states
Shape the value proposition, develop business cases, and define go-to-market approach
Lead introduction of new products by coordinating approvals, publishing materials, and supporting sales training
Assess industry movement and refine value-based pricing post launch
Provide sales support including presenting at client and prospect meetings
Create strategies for cross-program coordination and go-to-market rollouts
Conduct post-launch audits, track product success, analyze P&L, metrics, and KPIs, and recommend improvements
Drive complex initiatives involving multiple disciplines and stakeholders
Display a cross-functional perspective, partnering with business, technology, and operations
Own aggregation platform strategy and roadmap across Wealth capabilities
Manage platforms such as Yodlee, Plaid, and PCR, including vendor performance and roadmap alignment
Evaluate and onboard new aggregation tools/providers for inbound (data ingestion) and outbound (API/open banking) use cases
Oversee external account connectivity, data ingestion, normalization, and reliability across platforms
Partner with risk, security, and compliance on data sharing, consent, and regulatory requirements
Define and track KPIs such as connection success rates, data quality, refresh cadence, and platform uptime
Ntrs · Chicago, IL