About Northern Trust
Northern Trust is a globally recognized, award-winning financial institution with over 130 years of financial experience and more than 22,000 partners.
Role Overview
As a Senior Consultant within the Business Analysis team of our Product Development department, you will drive the strategic direction and development of our asset servicing solutions.
Key Responsibilities
* Business Analysis: Analyze client requirements, business processes, and market trends to identify opportunities for product enhancement and innovation.
* Requirement Gathering: Collaborate with stakeholders to gather, document, and prioritize business requirements, ensuring alignment with organizational goals and objectives.
* Solution Design: Develop comprehensive solution designs in collaboration with architecture and technology teams, including functional specifications, wireframes, and process flows, to address business needs and drive product development initiatives.
* Feasibility Analysis: Evaluate the feasibility of new products and product enhancements by assessing factors such as market demand, technical feasibility, resource requirements, and potential return on investment.
* Operating Model Definition: Contribute to the definition of the operating model for new products and enhancements, including processes, roles and responsibilities, and technology infrastructure requirements.
* Operational Readiness: Provide oversight to operational readiness for new products and enhancements by collaborating with operational teams to define and implement processes, procedures, and controls, and providing training and support as needed.
* Stakeholder Engagement: Build strong relationships with internal and external stakeholders, including clients, product managers, developers, and QA teams, to foster collaboration and ensure alignment throughout the project lifecycle.
* Risk Assessment: Identify potential risks and issues related to product development initiatives and proactively implement mitigation strategies to minimize impact on project delivery and client satisfaction.
* Quality Assurance: Collaborate with QA teams and provide consultation to review test plans, participate in testing activities, and ensure the quality and reliability of deliverables before deployment to production.
Requirements
* Bachelor's degree in Business Administration, Finance, Computer Science, or related field. Master's degree preferred.
* Several years of experience in business analysis, product development, or related roles within the financial services industry, preferably in asset servicing or investment management.
* Strong analytical skills with the ability to translate complex business requirements into actionable solutions.
* Proven track record of successfully leading cross-functional teams and delivering high-quality products on time and within budget.
* Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.
* Solid understanding of project management methodologies, agile practices, and software development lifecycle.
* Certification in business analysis (e.g., BCS, CBAP, PMI-PBA) and project management (e.g., PMP, PRINCE2) is a plus.
Why Work With Us?
As a Northern Trust partner, 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.
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.