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Specialist, Project Management

Specialist, Project Management

Northern TrustChicago, IL, US
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Northern Trust Project Manager

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.

Working Model : Hybrid

We 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.

Responsible for managing a large or complex portfolio of projects on behalf of the Banking & Markets COO. This team helps manage and prioritize a portfolio of key initiatives on behalf of stakeholders resulting in monitoring projects or programs against larger capital targets, managing the demand & supply for project resource requests resulting in reallocating or deploying more resources, and addressing the sequencing of work as needed. This role produces necessary MIS and financial reporting required to support project portfolios.

Major duties include :

1. Provide leadership of virtual team in all phases of the project : from initiation / feasibility, during execution, and through roll out and implementation. Establish effective working relationships with business, product, operations and IT partners to ensure efficient processes are followed.

2. Engage appropriate management, partners and any other relevant parties necessary for successful completion of project as virtual team or ad hoc contributors during planning and implementation. Ensure dependencies are clearly understood, roles and responsibilities are defined and appropriately assigned to virtual team.

3. Prepare documentation to support project goals, ensuring agreement among stakeholders, and justification for project expenditures and keep track of these in an organized fashion.

4. Facilitate program or project execution through proper communication and standardized documentation :

  • Design and maintain a project plan for execution and manage project to clearly-defined timeline
  • Prepare and / or delegate procedural documentation, flowcharts, etc.
  • Track all decisions, actions, risks and issues; work with relevant partners to resolve and escalate as needed
  • Regularly communicate project status, progress and updates to virtual team and any other stakeholders, through defined standard processes and ad hoc, as needed
  • Ensure impact to changes in cost or time are understood by virtual team and management
  • Proactively escalate any risks or issues to virtual team and management

5. Ensures the Northern Trust methodologies and standards are followed on all change initiatives regarding risk management.

6. Maintain accurate and timely budget forecast and actual spend; properly using our inhouse project tools to follow financial discipline.

Qualifications :

  • Requires significant experience in project & program management and change initiatives; covering such areas as product development, regulatory change, technical transformation, and operational efficiencies. A proven track record of success managing programs / projects in a fast-paced environment with challenging deadlines, multiple priorities and limited resources.
  • Must have strong organizational, analytical and problem-solving skills to manage complex projects.
  • Requires excellent communication skills (both written and oral)
  • Demonstrate ability to quickly establish credibility and maintain strong relationships with internal and external stakeholders.
  • Experience in financial services, particularly Capital Markets and Banking
  • Highly flexible and adaptable to change
  • PMI Certifications (PMP, PfMP, PMI-ACP, PRINCE2) is highly recommended, but not required
  • Agile certifications and / or experience in executing in Agile Scrum methodology a plus
  • Salary Range :

    $114,700 - 194,900 USD

    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.

    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.

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    Project Management Specialist • Chicago, IL, US

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