At a Glance
- Tasks: Lead product strategy and collaborate with teams to drive growth in asset management.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Flexible work culture, career development opportunities, and a commitment to community service.
- Other info: Embrace a collaborative environment with accessible leaders and a focus on innovation.
- Why this job: Make an impact in a rapidly expanding firm while working with top industry professionals.
- Qualifications: 5-7 years in investment management and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ 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: Northern Trust Asset Management (NTAM) is a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realise their long-term objectives. The business is rapidly expanding and there is a need for a seasoned strategic product manager with UK funds experience. Based in London, and part of a Global Product team, the Strategic Product Manager is responsible for executing product strategy across designated product lines, ensuring strong commercial outcomes throughout the product lifecycle. This role partners closely with investment, distribution, marketing, and finance teams to drive scalable growth, profitability, and effective market positioning.
The key responsibilities of the role include:
- Product design through collaboration with investment and other teams to agree end to end operating model and appropriate vehicle structure to achieve investment objectives and client requirements.
- Ensure legal documentation and regulatory compliance of key requirements of investment products.
- Work closely with Distribution Team to help position existing products or if required evolve existing products to meet client needs/demand.
- Drive execution by collaborating with Pooled Product Team and Operations to lead implementation of new products and update of existing products as required including documentation reviews.
- Support review of pricing requests and market pricing analysis.
- Analyze market and industry trends to inform product development and commercialization efforts.
- Identify product competitive sets/peers and the key NTAM product value drivers that are differentiators relative to the competition.
- Represent product in various internal and external forums as needed. Support sales/prospecting opportunities as needed.
- Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise.
- Carries out complex initiatives involving multiple disciplines and/or ambiguous issues.
- Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
Knowledge & Skills
- Good familiarity with UK unitised vehicles, preferably gained in the launching and lifecycle management of UK funds.
- Strong analytical and business management skills with the ability to translate strategic priorities into measurable action plans.
- Excellent written and verbal communication skills; experience developing product marketing or client-facing materials is a plus.
- Strong collaboration and influencing capabilities, with the ability to lead and align virtual and cross-functional teams.
- Proficient with investment management toolsets, project management software, Excel, and PowerPoint.
Qualifications
- Bachelor’s degree required; MBA and/or CFA preferred.
- 5 - 7 years of experience in the investment management industry, with direct responsibility for investment product management.
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.
Strategic Product Manager - Asset Management 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, you will have access to numerous opportunities for advancement within a Fortune 500 company that values innovation and integrity. Join us to be part of a team that not only drives financial success but also prioritises community engagement and inclusivity.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Product Manager - Asset Management
✨Tip Number 1
Network like a pro! Reach out to connections in the asset management field, especially those at Northern Trust. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by researching Northern Trust’s recent projects and initiatives. Show us you’re not just interested in the role but also in how you can contribute to our mission and values.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the Strategic Product Manager role. Highlight your UK funds experience and how it can benefit our team.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Strategic Product Manager - Asset Management
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Strategic Product Manager role. Highlight your experience with UK funds and any relevant product management skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about asset management and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include examples of how you've used data to drive decisions in your previous roles. We’re keen to see how you can translate strategic priorities into action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Northern Trust Corp
✨Know Your Product Inside Out
Before the interview, dive deep into Northern Trust's product offerings, especially in asset management. Understand their UK funds and how they differentiate themselves in the market. This knowledge will help you speak confidently about how your experience aligns with their product strategy.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to drive product decisions. Be ready to explain how you translated strategic priorities into actionable plans, as this is crucial for a Strategic Product Manager role.
✨Demonstrate Collaboration Experience
Highlight your experience working with cross-functional teams. Share stories that illustrate your ability to collaborate with investment, distribution, and marketing teams to achieve common goals. This will show that you can thrive in a team-oriented environment.
✨Prepare Questions About Market Trends
Research current market trends in asset management and prepare insightful questions to ask during the interview. This not only shows your interest in the industry but also demonstrates your proactive approach to understanding the competitive landscape.
