
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
The Product Operating Model, Governance & Control Lead is responsible for defining, implementing, and governing the product operating model across Asset Servicing, in partnership with the COO of Product Management.
The role ensures consistent execution of product management practices, establishes effective governance and control frameworks, and aligns product lifecycle activities with risk, regulatory, and enterprise change requirements.
The key responsibilities of the role include:
Product Operating Model Design & Delivery
Define, implement, and maintain the Asset Servicing Product Management operating model
Establish governance forums, decision rights, and execution cadence across Product teams
Embed the operating model across Segments, Regions, and Product Leads, ensuring clarity of roles and responsibilities
Governance Framework & Oversight
Establish and lead the product and product expansion governance framework
Define consistent evaluation criteria, oversight mechanisms, and approval processes for new capabilities and enhancements
Support rollout and adoption of new product approval and governance processes
Risk, Control & Regulatory Alignment
Ensure all product lifecycle activities comply with enterprise risk, regulatory, and control requirements
Act as the primary Product Management contact for Audit, RCSA, and control reviews
Lead cross-product audit coordination and ensure timely resolution of findings
Enterprise Change & Lifecycle Management
Act as the Product Management liaison to Enterprise Change Management (ECM)
Ensure alignment with enterprise policies, standards, and demand management processes
Document and operationalise the end-to-end product lifecycle across Asset Servicing
Product Expansion & Change Governance
Enhance governance of product expansion and change activities, including integration with Paragon permit-to-design and approval processes
Launch and scale the Solutions Partner framework to support product expansion decisions
Stakeholder Alignment & Connectivity
Re-establish and lead the “Connect the Dots” forum to drive alignment across Product, Sales, and Enablement functions
Partner with Segment, Region, and Product Leads to ensure consistent execution and alignment across the organisation
Leadership Profile
Strong ability to influence and align across a complex, matrixed organisation
Highly organised with strong governance and execution discipline
Ability to balance strategic design with hands-on implementation
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity.
A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence.
Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across five core business units:
Wealth Management
Asset Management
Asset Servicing
Technology
Corporate Functions
Join a Team That’s Made for Greater
At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you.
As of December 31 2024, Northern Trust had:
$16.8
trillion assets under custody/administration
$13.3
trillion in assets under custody
$1.6
trillion in assets under management
$156
billion in banking assets
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