Strategic Product Manager at Northern Trust

Chicago, Illinois, United States

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

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+, and understanding of client needs and how this impacts product development agenda/roadmap
Good in 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 staff skills
Program or project management experience (advantageous); planning, analysis, design, and governance
Knowledge of business strategy development for long-term planning and managing profitability/performance of a major business segment
Strong analytical and business management skills with ability to translate broad strategic goals into specific and measurable action plans
Prior experience with product marketing collateral development (a plus)

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 Business Sponsor: define target client segment market, evaluate industry trends, uncover opportunities, perform launches, and conduct post-launch assessments/recommendations
Perform regular maintenance of product materials, maintain product inventory, and key metrics
Support new product introduction by creating risk analysis
Develop and submit quarterly Objectives and Key Results (OKRs) to the Head of Product Management to ensure alignment with company strategy and drive team accountability
Support discovery and innovation by creating client personas and evaluating competitors
Assist in new product planning: derive forecasts, compose product requirements, and establish future metrics
Display balanced, cross-functional perspective, liaising with business to improve efficiency, effectiveness, and productivity
Track customer satisfaction, evaluate metrics and KPIs, gauge channel performance, and 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, provide comprehensive, in-depth consulting and leadership to team and partners at a high technical level