Specialist, Product Owner

Posted 6 Days Ago
Be an Early Applicant
2 Locations
Hybrid
Expert/Leader
Artificial Intelligence • Cloud • Fintech • Information Technology • Analytics • Financial Services • Cybersecurity
Dynamic careers. Brighter futures. Achieve greater.
The Role
Serve as a Product Owner/Business Analyst on large-scale transformation projects: define scope, elicit and document functional and non-functional requirements, support design, development, testing, data migration, and rollout, and lead scrum team oversight and stakeholder management in a global custody/trade settlement environment.
Summary Generated by Built In

About Northern Trust


As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.


Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.


Summary

Responsible for working on single large scale, multiple projects or a work stream of projects. The Business Analysis function plays a key role during the onset of a project or program by helping define scope and create requirements by working closely with business partners to understand and translate needs.  This role serves as a contact for IT during the design, development, and testing phase.  Functional expertise is required.

Key BA Competency expectations for role:

  • End to end software development life cycle experience covering: -

    • Gathering requirements, process modelling and data analysis

    • Working with the design teams to ensure that the requirements are understood and that the delivered design fulfils all the requirements adequately

    • Supporting the technology teams through the build and unit test activities to ensure that all requirements are understood

    • Working with business teams to elicit input and support the planning and execution of user acceptance testing

    • Supporting the test team through pre-acceptance testing, system testing and system integration testing

    • Assisting with operation readiness, data migration, user testing and roll-out as necessary

BA skills covering:

  • Understand business strategy and collaborate with business and technology to facilitate the development project scope

  • Lead development of function and non-functional business requirements

  • Responsible for providing expertise, analysis and driving change for a variety of strategic transformational and operational initiatives

  • Look across corporate strategic initiatives to understand how big picture initiatives link together in a holistic roadmap

  • Provide oversight, direction, and management to assigned scrum team members with appropriate span of control

  • Review requirements for quality and completeness and hold team accountable to senior business analyst execution standards

Skill/ Domain Knowledge:

  • Experience of having worked in a Global Custody and/or Securities Servicing environment is key, Trade Settlement process knowledge is a must.

  • Experience & knowledge on SAFe Agile delivery framework.

  • Good knowledge and experience of working on tools like Micorsoft 365 tools, Visio, Miro and ADO and co-pilot

  • Strong communication skills, collaboration and stakeholder management

  • Experience of working in a large multiyear global transformation project

  • Ability to quickly interpret/decipher trends, identify early signs from available data and formulate effective strategies and actions in achieving program objectives.

  • Highly flexible and adaptable to change

  • Having done the Business Analysis role for 15 years or more

  • Hands on experience in Product owner or Product Manager roles.

  • BA and Agile or SaFE Agile certifications are encouraged

Experience:

For internal applications - 24 months as Senior Consultant

Seasoned expert with extensive financial services experience and Trade Settlements process knowledge that has been developed over 15+ years and/or equivalent experience

Education

  • MBA/PGDM in any specialization

  • B.Com/BA/BE in any specialization


Working with Us


As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.


About Our Bangalore Office


The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.

Skills Required

  • End-to-end SDLC experience including requirements gathering, process modeling and data analysis
  • Experience in a Global Custody and/or Securities Servicing environment
  • Trade Settlement process knowledge
  • Experience with SAFe Agile delivery framework
  • Experience with Microsoft 365 tools
  • Experience with Visio
  • Experience with Miro
  • Experience with ADO (Azure DevOps)
  • Experience with Copilot
  • Strong communication, collaboration and stakeholder management skills
  • Experience working on large multiyear global transformation projects
  • 15+ years of Business Analysis experience
  • Hands-on experience in Product Owner or Product Manager roles
  • BA and Agile or SAFe Agile certifications
  • MBA or PGDM
  • B.Com, BA, or BE
  • For internal applicants: 24 months as Senior Consultant

Northern Trust Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.

  • Retirement Support Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
  • Leave & Time Off Breadth Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
  • Healthcare Strength Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.

Northern Trust Insights

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The Company
HQ: Chicago, IL
24,000 Employees
Year Founded: 1889

What We Do

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.

Why Work With Us

At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.

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