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Cash Transaction Processing Data Lead - R125573

at Northern Trust Company in Chicago, Illinois, United States

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.

Cash Transaction Processing Data Lead

Summary:

The Cash Transaction Processing Data Lead will be responsible for Northern Trust's Cash Services (Payments & Cash Management Operations) data domain. The Cash Services domain covers Payment Capture, Payment Settlements to Cash Book of Record, Cash and Liquidity Management, Liquidity Optimization and associate Treasury Middle Office services for Northern Trust.

Through a strong understanding of data governance, data engineering and best practice, the Cash Data Lead will ensure the Cash Services domain works in lockstep with and supports Northern Trusts enterprise data strategy. Through visionary thought leadership, the Data Lead will help formulate and drive Cash Services response across multiple facets to include but not limited to Data Architecture, Data Quality, Data Standards, Strategy and Governance.


This leader will work in close partnership with a wide array of senior stakeholders to influence and deliver change, ensuring the Cash domain is able to meet its strategic objectives as well as those of the enterprise.


A change agent and advocate for the adoption of rigorous data quality management and for expanding the enterprise value of the data.

Major Duties:

  • Lead domain strategy, collaborating with business units, and corporate functions to ensure domain strategy meets corporate and business goals.
  • Exhibit strong relationship management skills to ensure data owners, custodians and consumers are meeting critical business priorities and interacting across domains as needed to solve business objectives.
  • Participate in industry forums, conferences and with other client and partner forums to gain insight to drive domain strategy and set priority as well as shape industry change.
  • Resolve conflicting priorities among data owners, data consumers and custodians within sphere of domain.
  • Drive efficiency and risk mitigation through balancing business value and cost working with data owners, and consumers to deliver an efficient operating model and data architecture.
  • Establish and implement an oversight process to provide for tracking of important business, client and regulatory initiatives ensuring delivery of data requirements.
  • Follow the Information Management Office data quality framework for critical fields ensuring quality delivery of data end to end for the domain.
  • Engage appropriate data consumers to define their critical data and work across business units to gain agreement on critical data standards and alignment.
  • Coordinate and implement data quality remediation efforts to ensure data meets the standards identified by the enterprise.
  • Oversee periodic reviews to ensure continued compliance with the data governance policies...

    Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 11935149

Posted On: May 29, 2024

Updated On: Jun 28, 2024

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