Associate Specialist, Business Strategy - Strategic Portfolio Management

About Northern TrustAs 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 Description: The Strategic Portfolio Management team, under the Portfolio Strategy & Program Execution team, supports Northern Trust’s Wealth Management (WM) business unit through the administration, management, and governance of its financial and human resource investments and portfolio of work. As such, the team oversees processes designed to ensure strategic alignment across projects, investment decisions supported by robust business cases, insight and transparency into the portfolio of work, management of dependencies, achievement of outcomes, and accountability at all levels. The Associate Specialist will support the Strategic Portfolio Manager in various areas such as financial and human resource demand, business case development, and performance management. In this role, you will need to be a leader who is analytical, action-oriented, a great communicator, and comfortable driving change through influence. You will interact with Wealth Management senior leaders, Product, and Technology partners to foster an innovative and integrated environment, resulting in an optimized portfolio with clear priorities and expected outcomes. Major Duties:Process Development and Management Create, improve, and/or manage multiple strategic processes including business case development, performance goal setting and management, and ROI/value realization framework Business Administration Coordinate and facilitate governance forums where initiative business cases are presented for investment consideration. Facilitate completion of business cases by requesting teams. Meet with WM leadership to gather, understand and maintain a future-focused initiative list. Coordinate and prepare quarterly WM capital presentation materials. Work with initiative owners to define overarching goals using the objectives & key results (OKRs) framework. Actively maintain OKRs and create summary reporting, as needed. Collaborate with the other Strategic Portfolio Management team members to maintain portfolio roadmap, track dependencies and key risks, maintain up-to-date financial data, and escalate potential issues. Create ad-hoc financial analysis, reports and presentations, including summary views, for various senior stakeholders. Demonstrate a proactive and persistent approach to work, driving open items to completion consistently and independently.Necessary Knowledge / Skills:Required Excellent Excel and PowerPoint skills Excellent oral and written communicationStrong ability to create effective presentations with data Strong administrative and organizational skills Highly flexible and adaptable to change Proactive and self-motivated Ability to work both independently as well as collaboratively Strong critical/strategic thinking, problem solving, and analytical skills Recommended Aware of Agile project management and development methodologies, including MVP definition and product roadmap planning techniques Financial Services knowledge Experience Required: 3 to 5 years of experience in consulting, finance, corporate strategy, business enablement or related field.Salary Range:$83,100 - 141,300 USDSalary 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 AuthorizationApplicants 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 UsAs 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 View email address on click.appcast.io, or alternatively you can discuss your individual requirements with the recruiter you are working with. SummaryLocation: Chicago, ILType: Full time