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.
Major Duties :1. Develop market insight by defining the target client segment markets and evaluating industry trends
2. Formulate strategy for the group by aligning cross functional teams, uncovering opportunities and determining life cycle states
3. Shape the value proposition, develop the business case and define the marketing mix model as part of the new product planning process
4. Leads and oversees introducing new products to the market securing regulatory approvals, publishing marketing material and conducting sales training
5. Oversees team providing post product audits and tracking product successes
6. Assess industry movement and refine value based pricing post the launch of new products
7. Attend and present at industry events and publish in industry publications
8. Provides sales support including presenting at client and prospect meetings
9. Conducts post launch audits, tracks product success, analyses P &L, metrics, KPIs, Makes recommendations for improvements to promotional programs
10. Create strategies for cross-program coordination and go-to market rollouts
11. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
12. Participates in developing group strategic plan and sets goals and priorities based on the direction set for the umbrella; follows through to ensure that objectives are met
13. Initiates, assists, participates or leads efforts that have an impact on one or more products or deliverables within or across the product umbrella and might involve other parts of the NT Organization; may have a technology component
14. Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff
15. Focus of role is on execution of strategic direction of business function activities
16. Provides input and support to budget management process
Knowledge : Knowledge of all products or business areas; mastery of 2-4+ and SME ability in at least 1-2+ specific areas; able to lead initiatives relating to client segmentation, evaluating market trends and uncovering opportunities
Excellent oral and written communication skills are required. Proficient in constructing/overseeing logical and conclusive presentations, distilling complex subject matter into management-ready materials
Thorough understanding or knowledge of applicable NT product(s) and a strong understanding of client needs and how this impacts the product development agenda/roadmap
Proven track record of managing, leading, coaching and developing a team
Excellent in building key relationships, influencing and negotiating with clients, partners and leaders across multiple disciplines
Program or project management experience is advantageous; planning, analysis, design and governance
Knowledge of product management is necessary to provide long...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
