Head of Digital Shared Capabilities - Wealth Management at Northern Trust

Chicago, Illinois, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Wealth Management, Financial ServicesIndustries

Requirements

Membership in the leadership team for WM Digital Services
Ability to provide leadership and direction through managers
Accountability for the performance and results of a division
Experience executing business plans and contributing to functional strategy development
Decisions guided by functional or major operational segment strategy and priorities
Deep understanding of Wealth Management visions, roadmaps, practices, and evolution
Mastery of servant leadership, empowering and coaching others, effective collaboration, clear communication, creating psychological safety, and continuous learning
Ability to role model open-mindedness, disagree and commit, and hold peers accountable
Skills in building lasting relationships with key Wealth Management executive stakeholders
Ability to influence enterprise decision makers and manage enterprise stakeholders
Capability to identify cross-capability dependencies and ensure mutually beneficial outcomes
Proficiency in prioritizing strategic initiatives, saying "no" wisely, and coordinating with other Group Product Managers

Responsibilities

End-to-end management of WM dedicated platforms, including value proposition, enhancement, maintenance, and integration with new tools, applications, and external systems
Develop and manage platform vision, roadmap, budgets, negotiations with partners and vendors, and authorization of new platform capabilities
Define and monitor platform maturity goals, service levels, and performance metrics
Serve as the single point of contact for all matters regarding the respective platforms
Ensure teams in the product group receive necessary support from the Enterprise for key strategic Wealth Management initiatives
Build relationships with Wealth Management executive stakeholders and influence enterprise stakeholders to achieve group objectives
Coordinate and collaborate with other Group Product Managers on strategic project decisions
Decide relative priorities of strategic business and risk-related initiatives with business stakeholders
Role model servant leadership principles and champion organization-wide leadership development initiatives
Proactively drive celebrations of milestones, recognize strengths, empower learning from failure, and advocate for promising ideas
Adjudicate conflicts between group teams regarding resources or priorities
Enable and reinforce adoption of platforms and capabilities

Skills

Key technologies and capabilities for this role

Platform ManagementRoadmap DevelopmentVendor ManagementBudget ManagementIntegrationPerformance MetricsLeadershipStrategic PlanningDigital ServicesWealth Management

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What leadership and strategic skills are required for this role?

The role requires servant leadership, empowering and coaching others, effective collaboration, clear communication, creating psychological safety, managing platform vision and roadmap, budgets, vendor negotiations, and influencing stakeholders.

What is the company culture like at Northern Trust?

Northern Trust emphasizes enduring principles of service, expertise, and integrity, with a focus on innovative financial services, leading technology, exceptional service, and over 22,000 partners serving sophisticated clients.

What makes a strong candidate for the Head of Digital Shared Capabilities role?

Strong candidates demonstrate deep understanding of Wealth Management practices, ability to build executive relationships, influence stakeholders, prioritize strategic initiatives wisely, and role model servant leadership with skills in collaboration and creating psychological safety.