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: Collaborative atmosphere with accessible leaders and a focus on innovative ideas.
- 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 - 80000 £ 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, 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 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.
Key Responsibilities
- 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.
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.
Asset Servicing Product Management Governance and Control Officer employer: Northern Trust
Northern Trust is an exceptional employer, offering a dynamic and collaborative work culture that empowers employees to explore innovative ideas while benefiting from the financial strength and stability of a Fortune 500 company. With a strong commitment to employee growth, accessible senior leaders, and a focus on community service, Northern Trust provides a meaningful and rewarding environment for those in the Asset Servicing Product Management Governance and Control Officer role.
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, especially those at Northern Trust. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Show how your experience aligns with their mission and the specific role. We want to see your passion!
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We love authenticity, so let your personality shine through while showcasing your skills.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank you email can leave a lasting impression. And remember, apply through our website for the best chance!
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 reflects the skills and experiences that align with the Asset Servicing Product Management role. Highlight your governance and control experience, as well as any relevant financial services background.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role at Northern Trust. Share specific examples of how you've influenced product management practices or navigated complex governance frameworks in your previous roles.
Showcase Your Stakeholder Management Skills:In both your CV and cover letter, emphasise your ability to manage stakeholders effectively. We want to see how you've collaborated across teams and driven alignment in past projects.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. This way, we can ensure your application gets the attention it deserves and you can easily track its progress.
How to prepare for a job interview at Northern Trust
✨Know Your Product Operating Model
Before the interview, make sure you understand the key components of a product operating model, especially in the context of Asset Servicing. Familiarise yourself with how governance frameworks work and be ready to discuss how you would implement and maintain these models.
✨Demonstrate Stakeholder Management Skills
Prepare examples that showcase your ability to influence and align with various stakeholders across a complex organisation. Think about times when you've successfully navigated differing opinions or facilitated collaboration between teams.
✨Showcase Your Regulatory Knowledge
Brush up on your understanding of risk, audit, and regulatory frameworks relevant to financial services. Be prepared to discuss how you’ve ensured compliance in past roles and how you would approach this in the new position.
✨Be Ready for Scenario-Based Questions
Expect questions that ask you to solve hypothetical problems related to product lifecycle management or governance challenges. Practice articulating your thought process clearly and logically, as this will demonstrate your strategic thinking and hands-on implementation skills.
