Northern Trust

Financial Services

Sr.ProductManagerAggregation(OpenBanking)

$89–151k Chicago, Illinois, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“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.

Financial Services
Eligibility Requirements

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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