Full-Time

Digital Product Owner

Updated on 4/19/2025

Northern Trust

Northern Trust

10,001+ employees

Compensation Overview

$95.6k - $162.4k/yr

+ Bonus + Equity Component

Expert

Chicago, IL, USA

Category
Product Management
Product
Required Skills
Agile
UI/UX Design
Product Management
SCRUM
Confluence
Requirements
  • Excellent communication, collaboration, and problem-solving skills
  • Ability to translate complex business needs into technical requirements and communicate effectively with development teams
  • Demonstrates skills in team leadership and project/product implementation
  • Subject matter expertise in their product domain
  • 9+ years of experience in digital product ownership or management, preferably within financial services, asset servicing, or wealth management
  • Strong knowledge of Scaled Agile (SAFe) methodology
  • Experience in digital product, change management, business requirements gathering, process mapping, and/or user acceptance testing is required
  • Proficiency in AzureDevOps (ADO), Confluence, and other Agile tools a plus
  • Experience working with client facing digital products is a plus
Responsibilities
  • Serves as the Product Owner for one or more Agile teams; defining and prioritizing the product backlog to align with business objectives and customer needs
  • Partners with Product Management and business stakeholders to influence, support, evolve, and champion product vision and roadmaps
  • Works closely with UX/UI designers, researchers, product owners/managers, and engineering teams to design and deliver intuitive and frictionless experiences
  • Define and articulate feature requirements, user stories, and acceptance criteria that meet the definition of ready (DOR) to ensure development teams deliver high-quality, client centric solutions
  • Ensure compliance with regulatory, compliance, security, and data privacy requirements in collaboration with Legal, Compliance, Privacy, and Risk teams
  • Collaborate with Release Train Engineers (RTEs), Scrum Masters, Developers, Engineers, Solution Architects, and other Product Owners to ensure seamless integrations within the platform
  • Lead backlog grooming, refinement, sprint planning, demos, and other Agile ceremonies to ensure alignment with strategic goals, business objectives, and value streams
  • Remains current and well informed on industry trends and client expectations, anticipating future needs & proactively positions product capabilities
  • Takes on a leadership role fostering a culture of collaboration, excellence, and continuous improvement
Desired Qualifications
  • Proficiency in AzureDevOps (ADO), Confluence, and other Agile tools a plus
  • Experience working with client facing digital products is a plus

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital payments growth in Europe boosts Northern Trust's global custody services.
  • Northern Trust's data-driven strategies capitalize on increasing importance of data analytics.
  • Strategic focus on UK market expansion meets rising demand for asset management services.

What critics are saying

  • Competition from fintechs threatens Northern Trust's market share in custody services.
  • Reliance on TCS exposes Northern Trust to operational risks if service disruptions occur.
  • Increased regulatory scrutiny could raise compliance costs for Northern Trust.

What makes Northern Trust unique

  • Northern Trust's partnership with TCS enhances its securities services through digital transformation.
  • Appointment of Tim Brown as UK Head of Sales strengthens Northern Trust's market presence.
  • Northern Trust's focus on ESG investing aligns with growing sustainable investment trends.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

Asset Servicing Times
Apr 14th, 2025
Massey advances at Northern Trust

John Massey has been promoted to senior managing director for Northern Trust's foundation and institutional advisors (FIA) practice in the East Region.

Delano
Mar 29th, 2025
"There is no one that benefits from a broad trade conflict": economist

That's how Northern Trust's chief economist Carl Tannenbaum, who's based in Chicago, began his keynote speech at the Association of the Luxembourg Fund Industry's Global Asset Management conference on 25 March 2025.

Financial Technology Insights
Mar 27th, 2025
Northern Trust Appointed Global Custodian by Haycen

Northern Trust announced that it has been selected by Haycen Bermuda Ltd. a trade finance digital payments provider, with operations in the UK and Europe to deliver global custody and money market fund services.

Slater Sentinel
Mar 25th, 2025
Tonix Pharmaceuticals (NASDAQ:TNXP) Trading Down 0.4% - Should You Sell?

Northern Trust Corp purchased a new stake in Tonix Pharmaceuticals in the 4th quarter worth approximately $162,000.

Stock Titan
Mar 24th, 2025
Northern Trust Asset Management Names UK Head of Sales

Northern Trust Asset Management (NTAM), managing US$1.3 trillion in assets, has appointed Tim Brown as head of UK sales in a newly created position.