Northern Trust
Financial Services
Sr.ProductManager–Aggregation(OpenBanking)
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“Sr. Product Manager – Aggregation (Open Banking) at Northern Trust. Skills: Product management, Open banking, Aggregation platforms. Execute strategy for Aggregation / Open Banking. Define target client segments”
What You'll Achieve.
Track product success; Analyze P&L; Analyze metrics; Analyze KPIs; Recommend improvements
Industry & Context.
Authorized to work in U.S., No visa sponsorship
What They're Looking For.
Must Have
Communication ability to translate complex topics, Broad product knowledge, Ability to build relationships, Experience with program/project management, Knowledge of business strategy, Knowledge of product lifecycle management, Understanding of aggregation platforms, Understanding of open banking, Understanding of APIs, Understanding of data connectivity patterns, Experience managing third-party vendors, Experience managing platform performance, Familiarity with data ingestion, Familiarity with data normalization, Familiarity with quality controls
Nice to Have
Wealth Management experience, Financial Services experience, Open banking experience, College or University degree, Relevant proven work experience
What You'll Do.
Execute strategy for Aggregation / Open Banking
Define target client segments
Evaluate industry trends
Uncover opportunities
Shape value propositions
Develop business cases
Conduct post-launch assessments
Provide direction for less experienced staff
Drive cross-functional alignment
Own Aggregation capability
Oversee aggregation providers
Oversee reliability of aggregated data
Oversee quality of aggregated data
Evaluate new aggregation tools
Onboard new aggregation providers
Oversee external account connectivity
Oversee data ingestion
Oversee data normalization
Oversee data reliability
Partner with risk on data sharing
Partner with security on data sharing
Partner with compliance on data sharing
Partner with risk on consent
Partner with security on consent
Partner with compliance on consent
Partner with risk on regulatory requirements
Partner with security on regulatory requirements
Partner with compliance on regulatory requirements
Develop market insight
Determine lifecycle states
Define go-to-market approach
Lead introduction of new products
Support sales training
Assess industry movement
Refine value-based pricing
Provide sales support
Present at client meetings
Present at prospect meetings
Create strategies for cross-program coordination
Create strategies for go-to-market rollouts
Conduct post-launch audits
Track product success
Recommend improvements
Drive complex initiatives
Display cross-functional perspective
Partner with business
Partner with technology
Partner with operations
Own aggregation platform strategy
Own aggregation platform roadmap
Manage vendor performance
Manage platform reliability
Manage issue resolution
Onboard new aggregation providers for outbound use cases
Track connection success rates
Track refresh cadence
Track platform uptime
How You'll Work.
Team & Collaboration
Cross-functional alignment; Partnering with business; Partnering with technology; Partnering with operations
Communication Scope
Translate complex topics; Management-ready materials; Client meetings; Prospect meetings
Process & Methodology
Program management, Project management, Planning, Analysis, Governance
Full 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. **Sr. Product Manager – Aggregation (Open Banking)** **Role Summary** Responsible for executing the strategy for the Aggregation / Open Banking product area as outlined by the Lead Product Manager, Product Executive, and Head of Product Management. This role owns Product Management lifecycle activities—defining target client segments, evaluating industry trends, uncovering opportunities, shaping value propositions and business cases, and leading launches and post-launch assessments/recommendations. Acts as a resource for direction, training, and guidance for less experienced staff while driving cross-functional alignment across business, technology, data, risk, and operations. In addition, this role is accountable for the Aggregation capability that enables external account connectivity and data ingestion across the Wealth ecosystem, including oversight of aggregation providers and the reliability/quality of aggregated data across internal platforms. **Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)** **Major Duties** * Develop market insight by defining target client segment markets and evaluating industry tr
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