Sr. Product Manager – Enrollments & Entitlements

Posted 6 Days Ago
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Chicago, IL, USA
Hybrid
115K-195K Annually
Senior level
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The Role
Lead strategy, roadmap, and execution for enrollment, entitlement, authentication, and access governance products. Conduct market analysis, build business cases, manage launches and post-launch audits, track P&L and KPIs, and partner with Technology, Operations, Risk, Compliance, and Security. Provide sales support, present externally, and mentor junior staff while ensuring governance, controls, and regulatory compliance.
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.


Job Title: Sr. Product Manager – Enrollments & Entitlements

Job Description Summary

Responsible for executing the strategy of the Enrollments & Entitlements product portfolio as outlined by the Lead Product Manager, Product Executive and Head of Product Management for the business unit. Responsible for Product Management Lifecycle activities such as defining the target client segment market and evaluating industry trends and uncovering opportunities. The Senior Product Manager will lead the strategy, roadmap, and execution of enrollment, entitlement administration, authentication, and access governance capabilities while performing launches and post-launch assessments/recommendations. Acts as a resource for direction, training and guidance for less experienced staff.

Major Duties:

  • Develop market insight by defining the target client segment markets and evaluating industry trends

  • Formulate strategy for the group by aligning cross functional teams, uncovering opportunities and determining life cycle states

  • Shape the value proposition, develop the business case and define the marketing mix model as part of the new product planning process

  • Lead in introducing new products to the market by securing regulatory approvals, publishing marketing material and conducting sales training

  • Assess industry movement and refine value-based pricing post the launch of new product

  • Attend and present at industry events and publish in industry publications

  • Provide sales support including presenting at client and prospect meetings

  • Create strategies for cross-program coordination and go-to-market rollouts

  • Carries out complex initiatives involving multiple disciplines and/or ambiguous issues

  • Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity

  • Conducts post launch audits, tracks product success, analyses P&L, metrics, KPIs, and makes recommendations for improvements to promotional programs

  • Define and execute the product roadmap for enrollment, entitlement administration, authentication, and access governance capabilities

  • Partner with Technology, Operations, Risk, Compliance, and Security teams to deliver secure, scalable, and client-centric enrollment and entitlement solutions

  • Drive enhancements to enrollment, entitlement, user administration, and self-service access management capabilities through analysis of client feedback, business priorities, and performance metrics

  • Ensure appropriate governance, controls, auditability, and regulatory compliance are incorporated into enrollment, authentication, entitlement, and access administration processes

Knowledge:

  • Excellent oral and written communication skills are required. Proficient in constructing/overseeing logical and conclusive presentations, distilling complex subject matter into management-ready materials

  • Knowledge of all products or business areas within an umbrella, mastery of 2-4+ and/or SME ability in 1+ and a strong understanding of client needs and how this impacts the product development agenda/roadmap

  • Excellent in building key relationships, influencing and negotiating with clients, partners and leaders across multiple disciplines

  • Program or project management experience is advantageous; planning, analysis, design and governance

  • Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment

  • Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff

  • Strong knowledge of enrollment, entitlement administration, user access management, authentication, and access governance capabilities

  • Understanding of risk, compliance, audit, and security requirements related to enrollment and entitlement management

Experience:

  • A College or University degree and/or relevant proven work experience is preferred.

Salary Range:

$114,500 - 194,700 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


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.


Skills Required

  • Experience with enrollment, entitlement administration, user access management, authentication, and access governance
  • Understanding of risk, compliance, audit, and security requirements related to enrollment and entitlement management
  • Product management lifecycle experience including strategy, roadmap definition, launches, and post-launch assessments
  • Excellent oral and written communication skills and ability to distill complex topics into management-ready materials
  • Proven ability to build relationships, influence, and negotiate with clients, partners and leaders across disciplines
  • Experience analyzing P&L, metrics, KPIs and conducting post-launch audits
  • Program or project management experience (planning, analysis, design, governance)
  • College or University degree and/or relevant proven work experience
  • Experience presenting at industry events and providing sales/client support
  • Experience securing regulatory approvals and supporting marketing and sales enablement activities

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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