Product Owner, Enterprise Risk Data & Analytics at Northern Trust in Chicago, Illinois

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.

Major Duties

- Own and manage various Risk Data, Reporting and Analytics products throughout the lifecycle (from intake to delivery and sustainability)

- Create a scalable and sustainable process, engagement model, prioritization and communication approach including RAAIDD logs, documentation/ evidencing to enable internal and external validation.

- Assist in resource planning, budgeting, onboarding resources (FTE/ contractors), managing vendors, etc.

- Be the agile change agent for the team and manage the planning (PI, sprint) sessions, daily standups, demos, etc.

- Coordinate, mentor, and manage work through junior team members across locations.

- Responsible for creating detailed Business Requirement documents (BRD), High level design (HLD) documents, process flows, project planning and implementation artifacts that support regulatory and audit requirements.

- Plan and setup meetings with key stakeholders (Business, Risk, Compliance, IT and Analytics), manage the meetings through structured agenda and document the discussions

- Understand and analyse multiple data sources and systems related to Risk data and metrics (KPIs, KCIs, KRIs) across the organization

- Perform basic business/ data analysis and self-serve information through Office 365, SQL and Power BI, where possible

- Understand and apply data governance requirements such as BCBS 239, RDARR, Data Mesh and enterprise expectations throughout the product lifecycle.

- Ensure the data products and reports are scalable, repeatable, and effective; and follow agreed upon governance and technology policies

- Ensure issues are identified, tracked, reported on, and resolved in a timely manner

- Identify opportunities to enhance processes regarding data flow and data quality to improve accuracy, viability, and value

Participate in special projects as needed and perform other duties as assigned

Knowledge :• Excellent communication and problem-solving skills
• Demonstrated skills in team leadership and project implementations
• Knowledge of the drivers of business unit profitability
• Comfortable operating in a technical environment involving complex business logic and its programmatic implementation

Experience :

- 7-10 years of experience as a Product owner specializing in Data, IT and Analytics projects/ products related to Risk, Compliance, Audit, Control, IT functions within Banking & Financial Services .

- Understanding and work experience of GRC tools like Fusion, ServiceNow, Archer, Coupa etc. is preferred.

- Understanding and work experience of Data and analytics product lifecycle through data ingestion, data modelling, reporting, security, etc. is preferred.

- Expertise in managing work through tools like ADO, Office 365, Confluence and Miro is necessary

- Basic knowledge of using SQL/ Power BI to self-serve data would be a plus

Functional Knowledge of Enterprise Risk Management across various Risk Categories (Ops Risk, Credit, Compliance, Cyber, etc.), Risk Programs (RCSA, TPM, IT etc.), Integrated Risk Management, Issues Management is a plus

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. #MadeForGreater

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.