Business Analysis Specialist 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.

Description :

Consistently and effectively demonstrate an in-depth knowledge of Business Analysis methodologies, effectively facilitating the fulfillment of all assigned project tasks and deliverables in accordance with PSG standards, and to the full satisfaction of the project sponsor and stakeholders.

Throughout the project lifecycle, provide detailed tasks and activities with timeframes, and any identified dependencies, assumptions, issues and risks to the Project Manager or Work Stream Lead.

Working independently, research and resolve project related issues by responding to stakeholders with an appropriate sense of urgency, communicating action plans and update in a timely manner.

As applicable, execute from start to finish projects with high level of quality, accuracy and ensure all key parties are well aware of the status and any changes to timelines, scope, and costs.

Demonstrate flexibility in taking ownership of assigned projects regardless of which stage they are allocated to you.

Measurement : Measured through Manager's observation, Multi Rater responses, and other feedback from sponsors, stakeholders and peers. Additionally:

• Active application of the PSG guidelines and standards to all related project deliverables at initiation stage. All project activities shall be fulfilled in accordance with PSG guidelines and standards and as per determined methodology (e.g. Waterfall and/or Agile).


• Project initiation documents including scope should clearly articulate the business objective, be of high quality and include as-is and future state as applicable.


• All resulting documentation is clear, concise and accurately reflecting the business objectives and requirements, is appropriately approved, and done within agreed timeframe. Retain all documents and related artifacts in the specified Share Point project folders.


• Independently demonstrate capabilities around managing any conflicts or challenging situations with awareness of the project and organizational objectives and strategic outcomes.


• Do active planning around project deliverables: BPA, testing prep and execution, installation, post install support and project closure. Results of any PCR's that may be conducted on assigned projects. Regular review of plan on own deliverables with project manager and / or direct manager.


• Monitor and be accountable on actual versus estimated hours, costs and duration of effort. Proactively escalate and document anticipated variances to PM and/or direct manager. Maintain your project timelines and estimates on a weekly basis to assist in accurate resource planning.


• Accurately record time in PPM to the appropriate activity / project on a weekly basis.

Leadership

Description :

Act as an example through hard work and dedication to the delivery of each project you are assigned to. Represent the Treasury Change Portfolio to the highest professional level and help build awareness around our strengths and role for successful relationship building with partners you interact with. Contribute to the strength of the deliverables by identifying opportunities to initiate and implement improvements or new processes within the team or organization. Establish a rapport and maintain a collaborative working relationship with stakeholders and partners in order to understand the business objective, scope of work, and support them with the flexibility necessary to meet their expectations. Engage in a value added manner and be recognized as leader providing comprehensive consulting and/or execution services and solutions. Work constructively with all parties involved in the project and take prompt action to identify and prevent any arising conflict situations. Exhibits confidence/able to lead discussions. Consistently use effective strategies & interpersonal styles to influence/guide others towards the accomplishment of identified objectives. Take personal responsibility for effectively communicating (written and verbal) the work you do, finding the right level to help others understand what you are trying to achieve and how. Be an expert as it relates to Treasury activities including proven knowledge of Capital Markets, Trade Settlement, Bank Wholesale Funding, and Regulatory Reporting. Be an expert as it relates to Treasury activities including proven knowledge of life cycle events for securities, interest rate derivatives, and money market instruments from trade order entry through maturity.

Measurement :

• Measured, in part, through manager's observation, Multi Rater responses, and feedback from sponsors, stakeholders and peers.


• Key stakeholders' feedback on your collaboration along with comprehension of the business needs.


• Demonstrate flexibility in engaging in other project aspects like business case review, flow charting, etc to ensure the project moves forward smoothly, as applicable.


• Demonstrate a sound ability to judge situations where stakeholders and partners are engaged and communicate in an effective and professional way.


• Independently demonstrate capabilities around managing any conflicts or challenging situations with awareness of the project and organizational objectives and strategic outcomes.


• Ideas / recommendations on process improvements to result in tangible productivity gains and results.


• #LI-GG1


• #LI-Hybr

Description : Professional Development

Pursue continued professional development, enhancing one's strengths, addressing any opportunities for improvement, and increasing your technical skills and competencies. Assist other members of the team by sharing business knowledge and experiences.

Measurement :

• Establish an individual development plan and discuss with manager at least twice a year.


• Consider professional certification opportunities


• Share knowledge and experiences with team members via team meetings and individual knowledge shares. Seek out mentoring and coaching to contribute and enhance professional development.


• Contribute to team meetings by suggesting topics, and actively participating or leading discussions.


• Actively participate in stretch assignments that go beyond current knowledge or skills level.

Deliver Capabilities to Support Strategic Priorities

Description :

Deliver change activities in alignment with portfolio roadmap (operational and technology) Provide differentiating change services focused on service excellence Engage with the organizational risk agenda through training, regulatory horizon scanning, and risk management through change delivery

Measurement :

Receive feedback that indicates that you are easy to work with and contribute to corporate priorities Demonstrate agility and flexibility, and contribute to the successful delivery of projects

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.