At a Glance
- Tasks: Lead global FX product management and drive innovative product strategies.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy a flexible work culture, career growth opportunities, and a commitment to community service.
- Other info: Be part of a diverse team that values innovation and inclusivity.
- Why this job: Make a real impact in the FX market while collaborating with industry leaders.
- Qualifications: Deep FX experience and strong leadership skills required.
The predicted salary is between 100000 - 130000 ÂŁ per year.
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.
Role/Department
The Head of FX Product Management is responsible for leading and managing the global FX product management team supporting Northern Trust’s CustodyFX, CompleteFX, Currency Management and eFX businesses. Partnering closely with the Global Head of FX and the FX Leadership Team, this role drives FX product strategy, develops new product capabilities, and supports the growth of business revenues and profitability. The role acts as the global product authority for FX, overseeing product development from concept through sales rollout, while ensuring strong governance, regulatory compliance, and commercial discipline.
Key Responsibilities
- Product Strategy and Development: Lead projects to develop new FX products and investment‑related solutions from concept through full implementation and sales rollout. Drive strategic direction and develop product roadmaps aligned to client needs, market trends, and business objectives. Identify new product opportunities and enhancements across CustodyFX, CompleteFX, Currency Management, and eFX. Review and define the future‑state target operating model, including technology, operations, and compliance considerations.
- Client, Sales and Market Engagement: Participate in client, prospect, and sales discussions and presentations to promote Northern Trust’s FX products and capabilities. Act as the FX product expert in client discussions, industry forums, and external engagements. Gather and analyse competitive intelligence and market data to inform product positioning and strategy. Monitor markets serviced to ensure product offerings remain competitive and relevant.
- Commercial Management: Monitor product revenue, sales performance, and profitability. Develop and execute go‑to‑market strategies, including pricing and distribution models. Own pricing strategies and distribution approaches for FX products and solutions.
- Governance, Risk and Regulatory Oversight: Maintain a thorough understanding of FX legal requirements, regulatory obligations, and industry standards. Ensure all products comply with applicable regulatory, legal, and internal governance requirements. Partner with Risk, Compliance, Legal, Operations, and Technology teams to manage risk and support product delivery.
- Leadership and Collaboration: Lead and manage the global FX product management team across the US and UK. Collaborate closely with the Head of PMO, Technology, Product Delivery, Risk & Compliance, and senior management to ensure execution of the product roadmap. Provide leadership, direction, and development support to build a high‑performing global product team.
Skills / Qualifications
- Deep FX experience, ideally within a product management role covering CustodyFX, Transactional FX, Currency Management and/or eFX.
- Proven track record of developing and executing strategic plans that drive business growth.
- In‑depth functional and industry knowledge of the FX market.
- Strong relationship‑building skills with the ability to influence and negotiate with clients, partners, vendors, and senior leaders.
- Program or project management experience, including planning, analysis, design, and governance, is advantageous.
- Demonstrated leadership and organisational skills, including setting goals, allocating resources, and developing team capability.
- Excellent oral and written communication skills.
- Highly flexible and adaptable, with the ability to operate effectively in a changing environment.
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 that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve!
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Global Head of FX Product - Northern Trust employer: Jobs via eFinancialCareers
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StudySmarter Expert Advice 🤫
We think this is how you could land Global Head of FX Product - Northern Trust
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at Northern Trust or similar firms. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for interviews by diving deep into FX products and market trends. Show us you know your stuff by discussing recent developments in CustodyFX or eFX during your conversations.
✨Tip Number 3
Don’t just wait for job postings! Keep an eye on our website and apply directly. We love proactive candidates who take the initiative to express their interest in roles.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that shows your enthusiasm for the position and keeps you fresh in our minds as we make decisions.
We think you need these skills to ace Global Head of FX Product - Northern Trust
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Global Head of FX Product role. Highlight your relevant experience in FX product management and any strategic initiatives you've led. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about FX products and how you can contribute to our team. Be sure to mention specific projects or achievements that demonstrate your expertise.
Showcase Your Leadership Skills: Since this role involves leading a global team, make sure to highlight your leadership experience. Share examples of how you've developed teams or driven successful projects in the past. We love seeing strong leaders in action!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s super easy and ensures your application goes straight to the right people. Don’t miss out on this opportunity!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your FX Inside Out
Make sure you have a deep understanding of FX products, especially CustodyFX, eFX, and Currency Management. Brush up on recent market trends and be ready to discuss how these can impact product strategy at Northern Trust.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership experience, particularly in managing teams across different regions. Be ready to discuss how you've successfully driven product development and collaborated with various departments.
✨Understand Regulatory Compliance
Familiarise yourself with the legal and regulatory requirements surrounding FX products. Be prepared to discuss how you would ensure compliance while driving product innovation and growth.
✨Engage with Client-Centric Strategies
Think about how you can enhance client engagement through product offerings. Prepare to share ideas on how to gather competitive intelligence and use it to inform product positioning and strategy.