Global Lead, Accounting Product Suite (Chicago)

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. Global Lead, Accounting Product SuiteSummary:The Accounting Product Lead is accountable for the strategy and evolution of the global accounting product suite, including portfolio accounting, daily unitization, plan allocation, and related capabilities.This management role serves as the single point of accountability across the enterprise, driving client value, commercial performance, and modernization while aligning Product, Technology, Operations, Finance, Risk, and senior leadership stakeholders.The key responsibilities of the role include:Asset Servicing Product OwnershipOwn the global portfolio of accounting products and capabilitiesDefine product vision, strategy, and multi-year roadmapIntegrate accounting, data, reporting, and service capabilities into cohesive client solutionsStrategic LeadershipDefine market positioning, value proposition, and competitive differentiationLead industry analysis and innovation, including modernization initiativesRepresent the organization in client engagements and external industry forumsStakeholder Engagement and Enterprise AlignmentAlign Product, Technology, Operations, Finance, Risk, and Compliance stakeholdersEngage senior leadership to drive strategy, prioritization, and decision makingPartner with Sales and Relationship teams to shape client solutionsCommercial and Financial LeadershipOwn pricing strategy with accountability for product P&L and financial performanceLead capital planning, investment prioritization, and business case developmentDrive revenue growth through a competitive and market-relevant product strategyExecution and GovernanceSponsor delivery across all stages of the product lifecycleEnsure adherence to governance, risk, and control frameworksManage cross-functional dependencies, execution risks, and outcomesThe successful candidate will benefit from having:Leadership ProfileStrong enterprise leadership presence with the ability to influence at senior levelsProven ability to align complex, matrixed organizationsStrategic mindset combined with strong execution focusSkills and QualificationsExtensive financial services experience, including significant product management experienceDeep accounting expertise, with experience in Defined Contribution plan structures preferredProven experience managing global product portfolios with P&L accountabilityStrong commercial acumen and understanding of market dynamicsExcellent stakeholder management and communication skills#LI-MG1#HybridSalary Range:$164,600 - 288,000 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 apply.placed-app.com, or alternatively you can discuss your individual requirements with the recruiter you are working with. SummaryLocation: Chicago, IL; Boston, MAType: Full time