Product Manager - Customer Experience (Enrollments & Entitlements) at Northern Trust

Chicago, Illinois, United States

Northern Trust Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

  • College or University degree and/or relevant proven work experience
  • Strong oral and written communication skills; 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+
  • Understanding of client needs and how this impacts the product development agenda/roadmap
  • Good at building key relationships, influencing and negotiating with clients, partners and leaders across multiple disciplines
  • Organizational skills to support the Business Unit's goals, resources needed, and to assess and develop the skills of staff
  • Program or project management experience (planning, analysis, design and governance) is advantageous
  • Knowledge of business strategy development for long-term planning and managing profitability/performance of a major business segment

Responsibilities

  • Execute the strategy of the product umbrella as outlined by the Lead Product Manager, Head of Product Management and Product Executive
  • Perform Product Management Lifecycle activities in partnership with the Senior Product Manager: define target client segment market, evaluate industry trends, uncover opportunities, perform launches and post-launch assessments/recommendations
  • Perform regular maintenance of product materials, maintain product inventory and key metrics
  • Support new product introduction by creating the risk analysis
  • Provide sales support through client/prospect pitches and RFP response and review
  • 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
  • Track customer satisfaction, evaluate metrics and KPIs, gauge channel performance, conduct post-product launch audits
  • Monitor capital and expenses and rate card alignment across regions
  • As subject area expert, provide comprehensive, in-depth consulting and leadership to team and partners at a high technical level
  • Balance high-level operational execution and development with execution of strategic direction of business function activities

Skills

Key technologies and capabilities for this role

Product ManagementClient PersonasCompetitor AnalysisProduct RequirementsForecastingRisk AnalysisKPIsMetrics TrackingRFP ResponsesSales SupportPost-Launch Audits

Questions & Answers

Common questions about this position

What skills are required for the Product Manager role?

Strong oral and written communication skills are required, along with experience in constructing logical presentations, solid understanding of 2-4+ NT products or business areas, mastery of 1-2+, good relationship building, influencing, negotiating skills, and strong organizational skills.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this Product Manager role remote or does it require office work?

This information is not specified in the job description.

What is the company culture like at Northern Trust?

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

What makes a strong candidate for this Product Manager position?

A strong candidate will have mastery of 1-2+ NT products or business areas, solid understanding of 2-4+ areas, strong communication and presentation skills, ability to build relationships and influence stakeholders, and organizational skills to support business goals.

Northern Trust

About Northern Trust

N/AHeadquarters
N/AYear Founded
N/ACompany Stage

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