Product Manager

  • Location: London, England, United Kingdom
  • Salary: Competitive
  • Job Type: Full time

Product Manager

The Product Manager will be a member of the EMEA Product team and report directly to the Head of EMEA Product Management & Strategy. This is a client facing role and will primarily focus on working on initiatives driving the development of our fund accounting products, with specific responsibilities for product representation on key projects and assisting with defining the associated business operating models.

The EMEA Fund Accounting Product provides support primarily to Ireland and Luxembourg locations, and the product manager must work closely with colleagues across these locations to ensure that the strategic change initiatives and tactical enhancements to the Fund Accounting product are delivered to meet the evolving needs of the business, to time and on budget.


Job Requirements:
Market and Product Strategy
• Lead the development and maintenance of the strategy and associated roadmap for FA cohesively across EMEA
• Identify new and enhanced global product opportunities, providing input to market/product strategy initiatives

Product Management
• Lead the design and maintenance of global service definition documentation and relevant elements of sales collateral
• Engagement with relevant industry bodies, consultants, competitor organizations, software vendors and appropriate other third parties
• Use input to contribute to product development and product management processes
• Maintain an awareness of market and competitor developments and position and differentiate our FA offering relative to the competition

Sales and Business Development Support
• Work with the Sales and Business Development team on various client pitches, RFPs, due diligence meetings and other discussions/negotiations
• Produce and update marketing and sales collateral on an ongoing basis

Leadership & Teamwork
• Work with various team members within the broader Product team and also other key stakeholders including Senior Business Management, Service Delivery, Operational & Technology to build solutions as per requirements

Project Management
• Manage the product change control process for the platforms supporting Fund Administration, including preparation of business cases and feasibility studies and prioritization of change requests
• Participate as a stakeholder in strategic change programmes, ensuring requirements are accurately captured and solutions are effective in improving product profitability

Major Challenges
• Although based in EMEA, the role will have global aspects therefore the successful candidate will need to work with multiple locations and teams to meet various objectives
• The successful candidate will also need to multi-task across various projects and be able to prioritize initiatives given limited budget and resources
• There is continuous change in the environment, markets, client products/requirements and regulatory requirements - the successful candidate will need to have the ability to analyse these and design appropriate solutions which meet requirements and are efficient, robust and scalable

Management of Risk
• The product manager will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation
• The product manager will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology

The successful candidate will have


• Experience in Product Management is preferred , with strong and proven influencing and communication skills
• Very strong operational experience in the fund administration industry at least 10 years with a
• A strong knowledge of fund structure and jurisdictional inter-operability
• Demonstrates an in-depth knowledge of the EMEA Funds Industry
• Demonstrates a solid grasp of the technology and systems supporting the product with direct knowledge of core fund accounting platforms
• Strong organizational, multi-tasking and time management skills
• Experience in large change programmes is also an advantage

About Northern Trust

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.

As of September 30, 2017, Northern Trust Corporation had:

• $131 billion in banking assets
• $7.8 trillion in assets under custody
• $9.7 trillion in assets under custody/administration
• $1.1 trillion in assets under management

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