Full-Time

Senior Principal

Software Asset Management

Posted on 6/30/2025

Northern Trust

Northern Trust

10,001+ employees

Wealth management and asset servicing solutions

Compensation Overview

$137.4k - $240.4k/yr

+ Bonus

Senior, Expert

Chicago, IL, USA

In Person

Category
IT Consulting
Consulting
Requirements
  • Bachelor’s degree in Computer Science, Information Systems, Engineering, Business, Management, or a related field and 10 years of related work experience (of which 5 years must be post-baccalaureate, progressive related work experience)
  • Must have 5 years of consulting experience or internal consulting experience
  • Experience leading a Software Asset Management program
  • Experience presenting to Executive management
  • Excellent communication skills
  • Complete understanding of software lifecycle management
  • Excellent problem-solving skills
  • Ability to respectfully deal with colleagues at all levels within the company and represent the company externally
  • Excellent ability to schedule meetings in a global environment being respectful of time zones
Responsibilities
  • Lead the optimization of analysis, design, or re-design of SAM, APM to support the effective operation of controls supporting the Software Asset Management function
  • Collaborate with team members to optimize key data reports to inform insights that contribute to improvement in processes that deliver efficiencies
  • Lead roadmapping activities to deliver best-in-class capabilities to support ITAM with focus on Software Asset Management and Application Portfolio Management
  • Develop and maintain working relationships across multiple functions to support software asset management throughout its lifecycle
  • Measure improvements to SAM through meaningful metrics, KPIs, KRIs and KCIs
  • Work with stakeholders to continuously improve and innovate software asset management processes and best practices
  • Build a collaborative and product relationship with team members managing the enterprise license position for software publishers across all divisions
Desired Qualifications
  • Software Asset Management and discovery tools experience (FlexeraOne, ServiceNow Discovery, SCCM, ServiceNow APM and SAM products and data architecture)
  • Experience interpreting licensing terms and conditions
  • IAITAM, CSAM certification or similar certification
  • Intermediate/Advanced Excel skills
  • Good working knowledge of all major operating systems and hardware platforms
  • Excellent understanding of ISO 19770 framework to capitalize on building a strong SAM program
  • Strong understanding of ITIL

Northern Trust provides wealth management, asset servicing, and investment solutions to individuals, families, and institutions around the world. Their services include managing and safeguarding assets, offering investment advice, and providing technology solutions to enhance financial management. Northern Trust operates through five main business units: Wealth Management, Asset Management, Asset Servicing, Technology, and Corporate Functions. What sets Northern Trust apart from its competitors is its long-standing commitment to service, expertise, and integrity, which has been a part of its operations since 1889. The company aims to empower its clients to achieve their financial goals with confidence while fostering a supportive work environment for its employees.

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Participation in high-profile conferences positions Northern Trust as a thought leader in finance.
  • Hiring Alisa Parenti enhances public relations and communication strategies, improving brand image.
  • Strategic focus on small-cap ETFs and companies attracts new clients and enhances capabilities.

What critics are saying

  • Increased competition from major financial institutions could lead to a costly bidding war.
  • Acquisition of small stakes may not significantly impact Northern Trust's financial performance.
  • Collaboration with external partners may pose risks if partnerships don't yield expected benefits.

What makes Northern Trust unique

  • Northern Trust's strategic acquisitions diversify its investment portfolio and enhance asset management capabilities.
  • Appointment of Richard Thompson as COO strengthens operational efficiency in asset servicing.
  • Collaboration with Partners Group opens new avenues for investment opportunities and client services.

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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

Business Insider
Jun 23rd, 2025
Goldman, Morgan Stanley Eye Northern Trust

JPMorgan suggests that BNY Mellon could benefit strategically from acquiring Northern Trust, enhancing its wealth and asset management businesses. The news leak might be an attempt to attract other bids. Potential interested parties include Goldman Sachs, Morgan Stanley, and possibly Royal Bank of Canada. A bidding war leading to a high price may not be well-received by the market. Northern Trust could provide stable cash flow and wealth management opportunities for these firms.

ETF Daily News
Jun 10th, 2025
Schwab US Small-Cap ETF (NYSEARCA:SCHA) Shares Purchased by Wedmont Private Capital

Northern Trust Corp acquired a new stake in Schwab US Small-Cap ETF in the 4th quarter valued at about $313,000.

ETF Daily News
May 23rd, 2025
Zacks Small Cap Weighs in on Spectral AI Q3 Earnings

Northern Trust Corp purchased a new stake in Spectral AI in the 4th quarter valued at $44,000.

Business Wire
May 14th, 2025
Northern Trust Leaders to Participate in Morgan Stanley 2025 U.S. Financials, Payments & CRE Conference

Northern Trust leaders to participate in Morgan Stanley 2025 U.S. Financials, Payments & CRE Conference.

Talking Biz News
May 14th, 2025
Parenti departs Bloomberg for Northern Trust

Alisa Parenti has been hired by Northern Trust as senior vice president of communications.