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:
Identifies business opportunities to define the strategic direction and thereafter ensure continued development of the US ETF product, operations, market opportunities. Working with the functional Service and Delivery Practice Executives, oversees, plans and directs the activities for the development of US Active ETFs, ensuring that business objectives are being met and operating processes are defined, scoped, understood and costs estimated for GFS Management review and approval.
Develops, implements and communicates an overall operations strategy to meet Northern Trust's strategic plans for US ETFs. Directs scope and creates business case (using NT standards) with clear timelines, costs, resource needs and revenue opportunities and target market.
Facilitate review of market and existing NT Global ETF capabilities to identify features, functionality and services to be built by NT, ported internally, or engaged through third-party providers for US ETFs.
Creates an environment that embraces change through leadership and dynamic interaction across the Product, Business and Technology teams
Increase visibility of Northern Trust as an exceptional Asset Servicing organization with the client and its sub-advisors by identifying opportunities for new products, services and operational efficiencies
Works with the Service and Delivery Practice Leads to ensure appropriate financial and staffing resources, including developing and managing capital and expense budgets, liaising cross-function to improve efficiency, effectiveness and productivity Seasoned leader with extensive business experience, and broad functional expertise, with focus on proactive strategic leadership
KNOWLEDGE/SKILLS:
Excellent oral and written communication skills are required
In-depth Functional / Industry Knowledge is required, in particular the US ETF marketplace
Highly flexible and adaptable to change
Technical skills / systems knowledge is required
Familiarity with Capital Planning, Validation and Approval processes
Extensive leadership experience with large change management efforts
Proven track record in driving efficiency, productivity, and revenue opportunities by developing and implementing key metrics to measure service quality and productivity.
Knowledge of business strategy development is necessary to provide long term planning and to manage the development of ETF offering in US. Strong leadership and organizational skills are required to direct the teams outside of your immediate span of control.
EXPERIENCE:
A College or University degree and/or relevant proven work experience is preferred. Related Industry qualification is required, ideally Active ETF recent experience in US market.
#LI-Hybrid
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
