Strategic Product Manager
NothernTrust
5 - 10 years
Illinois
Posted: 23/05/2026
Job Description
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.
Job Title: Strategic Product Manager
Job Description Summary:
Responsible for executing the strategy of the product umbrella as outlined by the Lead Product Manager, Head of Product Management and Product Executive for the umbrella. Responsible for Product Management Lifecycle activities in partnership with the Business Sponsor such as defining the target client segment market, evaluating industry trends, and uncovering opportunities, perform launches and post launch assessments/ recommendations. The strategic product manager will also be responsible for performing regular maintenance of product materials, maintaining product inventory and key metrics Support new product introduction by creating the risk analysis. Develop and submit quarterly Objectives and Key Results (OKRs) to the Head of Product Management to ensure alignment of product initiatives with overarching company strategy and drive team accountability. OKRs should clearly articulate measurable goals and outline how they contribute to organizational priorities, with submissions due by the end of each quarter.
Major Duties:
Support discovery and innovation by creating client personas and evaluating competitors
Assist in new product planning activities by deriving forecasts, composing product requirements and establishing future metrics
Display a balanced, cross- functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
Support new product introduction by creating the risk analysis
Track customer satisfaction, evaluate metrics and KPIs, gauge channel performance, conduct post product launch audits
Provide sales support through RFP response and review
Monitor capital and expenses and rate card alignment across regions
As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level
Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities
Knowledge:
Strong oral and written communication skills are required. Experienced in constructing/overseeing logical and conclusive presentations.
Solid understanding or knowledge of 2-4+ NT products or business areas within an umbrella, mastery of 1-2+ and an understanding of client needs and how this impacts the product development agenda/roadmap
Good in building key relationships, influencing and negotiating with clients, partners and leaders across multiple disciplines
Organizational skills are required to support the Business Unit's goals, resources needed, and to assess and develop the skills of staff.
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.
Knowledge:
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
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)
Salary Range:
$99,600 - 169,200 USDSalary 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.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
About Company
Northern Trust Corporation is a leading global financial services firm headquartered in Chicago, Illinois. Founded in 1889, the company specializes in wealth management, asset servicing, asset management, and banking for corporations, institutions, affluent families, and individuals. Known for its strong emphasis on trust, integrity, and client service, Northern Trust operates in more than 20 countries and manages trillions of dollars in assets.
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