At a Glance
- Tasks: Lead product governance and control for Asset Servicing, ensuring compliance and effective execution.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Other info: Be part of an inclusive workplace that values innovation and collaboration.
- Why this job: Make a real impact in a dynamic environment while shaping product management practices.
- Qualifications: Experience in financial services, strong governance skills, and ability to influence across teams.
The predicted salary is between 60000 - 75000 £ 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.
Role/Department: The Product Operating Model, Governance & Control Lead is responsible for defining, implementing, and governing the product operating model across Asset Servicing, in partnership with the COO of Product Management. The role ensures consistent execution of product management practices, establishes effective governance and control frameworks, and aligns product lifecycle activities with risk, regulatory, and enterprise change requirements.
The key responsibilities of the role include:
- Product Operating Model Design & Delivery
- Define, implement, and maintain the Asset Servicing Product Management operating model
- Establish governance forums, decision rights, and execution cadence across Product teams
- Embed the operating model across Segments, Regions, and Product Leads, ensuring clarity of roles and responsibilities
- Governance Framework & Oversight
- Establish and lead the product and product expansion governance framework
- Define consistent evaluation criteria, oversight mechanisms, and approval processes for new capabilities and enhancements
- Support rollout and adoption of new product approval and governance processes
- Risk, Control & Regulatory Alignment
- Ensure all product lifecycle activities comply with enterprise risk, regulatory, and control requirements
- Act as the primary Product Management contact for Audit, RCSA, and control reviews
- Lead cross-product audit coordination and ensure timely resolution of findings
- Enterprise Change & Lifecycle Management
- Act as the Product Management liaison to Enterprise Change Management (ECM)
- Ensure alignment with enterprise policies, standards, and demand management processes
- Document and operationalise the end-to-end product lifecycle across Asset Servicing
- Product Expansion & Change Governance
- Enhance governance of product expansion and change activities, including integration with Paragon permit-to-design and approval processes
- Launch and scale the Solutions Partner framework to support product expansion decisions
- Stakeholder Alignment & Connectivity
- Re-establish and lead the “Connect the Dots” forum to drive alignment across Product, Sales, and Enablement functions
- Partner with Segment, Region, and Product Leads to ensure consistent execution and alignment across the organisation
The successful candidate will benefit from having:
- Leadership Profile
- Strong ability to influence and align across a complex, matrixed organisation
- Highly organised with strong governance and execution discipline
- Ability to balance strategic design with hands-on implementation
Skills / Qualifications:
- Significant experience in financial services, ideally within Asset Servicing or Product Management
- Strong knowledge of product operating models, governance frameworks, and lifecycle management
- Experience working with risk, audit, and regulatory frameworks
- Proven ability to partner across Product, Technology, Operations, and Control functions
- Strong stakeholder management and communication skills
- Experience supporting enterprise change initiatives and governance processes
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!
Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.
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. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Asset Servicing Product Management Governance and Control Officer employer: Northern Trust Corp
Northern Trust is an exceptional employer, offering a dynamic and collaborative work culture in the heart of London. With a commitment to employee growth and development, we encourage movement within the organisation and provide access to senior leaders, fostering an environment where innovative ideas can thrive. Join us to be part of a company that values integrity, service, and community engagement, while enjoying the benefits of working for a globally recognised financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Asset Servicing Product Management Governance and Control Officer
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Know their values and how you can contribute to their goals, especially in governance and control.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Asset Servicing Product Management role. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Asset Servicing Product Management Governance and Control Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Asset Servicing Product Management role. Highlight relevant experience and skills that align with the job description, especially around governance and control frameworks.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use specific examples from your past experiences that demonstrate your ability to influence and manage stakeholders effectively.
Showcase Your Knowledge:In your application, don’t forget to showcase your understanding of product operating models and lifecycle management. This will show us that you’re not just interested in the role, but that you also know what it entails.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Northern Trust Corp
✨Know Your Product Operating Model
Familiarise yourself with the product operating model specific to Asset Servicing. Understand how governance frameworks are established and maintained, as well as the key responsibilities associated with the role. This knowledge will help you demonstrate your expertise and show that you're ready to hit the ground running.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully influenced and aligned stakeholders in previous roles. Highlight your communication skills and ability to navigate complex organisational structures. This is crucial for a role that requires collaboration across various teams and functions.
✨Understand Risk and Regulatory Requirements
Brush up on the risk, audit, and regulatory frameworks relevant to the financial services industry. Be ready to discuss how you've ensured compliance in past projects and how you would approach these challenges in the new role. This will show your commitment to maintaining high standards.
✨Demonstrate Your Change Management Experience
Think of specific instances where you've supported enterprise change initiatives. Be prepared to discuss your role in these processes and how you ensured alignment with organisational policies. This will illustrate your hands-on experience and strategic thinking capabilities.
