Business Process & Strategic Initiatives Specialist, Transfer Agency

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. Position SummaryThe Business Process & Strategic Initiatives Specialist partners with business leaders and stakeholders to identify, design, and implement strategic initiatives that improve organizational effectiveness, streamline processes, and enhance the employee and client experience.This role is responsible for advancing strategic priorities across the Transfer Agency through process optimization, change implementation, automation opportunities, governance enhancements, and business transformation initiatives. While maintaining awareness of day-to-day operations, the primary focus of the position is to improve how work is performed, identify opportunities for greater efficiency and effectiveness, and deliver initiatives that support long-term business objectives.The successful candidate will influence cross-functional teams, facilitate strategic discussions, and deliver measurable business outcomes through process redesign, data-driven decision making, and effective change management.Working Model: HybridWe have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.Key ResponsibilitiesLead strategic initiatives that improve operational effectiveness, scalability, and business performanceSupport technology implementations and business transformation programs, including readiness, adoption stabilization, and benefit realization activitiesDesign and implement future-state operating models, including process redesign, role alignment, governance, and workforce readinessPartner with stakeholders to identify and prioritize process improvement opportunitiesFacilitate workshops, working sessions, and stakeholder discussions to drive alignment and decision-makingDevelop and maintain process documentation, workflows, operational procedures, and governance frameworksIdentify opportunities to leverage automation, analytics, and emerging technologies to improve productivity and service deliveryCreate performance metrics, dashboards, and reporting to measure outcomes and support management decision-makingDevelop and deliver training, communication, and change management materials that support stakeholder adoption and sustained organizational changeMonitor initiative results, measure realized benefits, and recommend continuous improvement opportunitiesQualificationsRequiredBachelor's degree or equivalent professional experience.3-7 years of experience in process improvement, business analysis, project management, organizational effectiveness, consulting, or a related field.Strong analytical, problem-solving, and critical-thinking skills.Experience leading cross-functional initiatives without direct authority.Excellent verbal, written, facilitation, and presentation skills.Ability to influence and build relationships across multiple levels of the organization.Strong organizational and project coordination skills.PreferredFinancial services, asset servicing, transfer agency, operations, or corporate business support experience.Experience with process improvement methodologies such as Lean, Six Sigma, Design Thinking, or Continuous Improvement.Experience with Power BI, Power Automate, SharePoint, Visio, or other process documentation and analytics tools.Exposure to governance, risk management, audit, or control-related initiatives.Experience supporting organizational change or transformation programs.Experience supporting technology implementations and organizational change initiativesSuccess MeasuresSuccess in this role will be demonstrated through:Successful delivery of strategic initiatives and transformation efforts.Successful implementation of future-state operating models and technology-enabled processesMeasurable improvements in business processes and employee experience.Increased process efficiency, consistency, and scalability.Reduction of manual work through process redesign and automation opportunities.Enhanced visibility into business performance through meaningful reporting and metrics.Salary Range:$103,000 - 175,200 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, IL; Boston, MAType: Full time