Northern Trust

Capability Lead - Banking

Northern Trust$137K — $233K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Significant experience in digital banking, product, or capability leadership roles.
  • Familiarity with deposit, lending, and servicing journeys.
  • Proven track record of leading large-scale transformation initiatives in complex environments.
  • Strong skills in leadership, communication, and stakeholder management.

Responsibilities

  • Own the full lifecycle of banking capability, directing investments and execution.
  • Establish and manage a multi-year roadmap for banking journeys.
  • Drive initiatives from concept to launch, overseeing dependencies and risks.
  • Collaborate with cross-functional teams to ensure effective solution delivery.
  • Create cohesive experiences across transaction and servicing flows for users.
  • Provide governance and updates on project progress and risks to leadership.
  • Manage financial aspects including capital and expense planning and prioritization of investments.
  • Build and lead a high-performing team focused on execution and collaboration.

Benefits

  • Comprehensive benefits package including 401k and pension.
  • Health and welfare benefits such as medical, dental, and vision.
  • Paid time off, parental and caregiver leave.
  • Life and accident insurance, plus other voluntary well-being benefits.
  • Discretionary bonus program that may include an equity component.
Full Job Description

Role Summary
The Capability Lead 6 Banking is a senior leadership role responsible for defining, shaping, and delivering the digital banking capability across Wealth Management. This includes end-to-end ownership of the vision, roadmap, and execution across deposits, lending, servicing, and transaction experiences, ensuring alignment to business priorities and delivering measurable client and partner impact.

Operating at the center of business, technology, design, and operations, the role is accountable for translating strategic objectives into clear, executable plans and driving delivery through cross-functional teams. The Capability Lead will lead the continued modernization of banking experiences, streamlining key workflows and evolving the platform to support more intuitive, efficient, and scalable client and partner interactions. This includes integrating and advancing payment and money movement capabilities as a seamless part of the broader banking experience, ensuring consistency in delivery, performance, and user experience.

Responsibilities Include

  • This role is accountable for the full lifecycle of the banking capability, including defining direction, prioritizing investments, and ensuring disciplined execution across a complex portfolio of initiatives.

  • The Capability Lead will establish and maintain a multi-year roadmap that spans core banking journeys such as account opening, lending, servicing, and transaction processing, ensuring alignment to enterprise priorities and platform evolution.

  • The role requires strong delivery ownership, driving initiatives from concept through launch and ongoing optimization, while actively managing dependencies, risks, and trade-offs.

  • The leader will work closely with business, technology, operations, risk, and design partners to ensure that solutions are delivered effectively and generate meaningful outcomes in terms of client experience, operational efficiency, and scalability.

  • A key expectation is the ability to connect related capabilities into cohesive experiences 6particularly across transaction and servicing flows 6ensuring that clients and partners experience a unified, seamless platform rather than a set of disconnected features.

  • The role also includes accountability for governance and communication, providing clear and consistent updates to leadership on roadmap progress, delivery performance, risks, and value realization.

  • Financial management is a core component, including ownership of capital and expense planning and ensuring that investments are aligned to the highest-impact priorities.

  • In addition, the Capability Lead will build and lead a high-performing team, reinforcing strong execution discipline, clear accountability, and a culture of collaboration and continuous improvement.

Necessary Qualifications & Experience

  • Candidates should bring significant experience in digital banking, product, or capability leadership roles, with strong familiarity across deposit, lending, and servicing journeys.

  • A proven track record of leading large-scale transformation initiatives and delivering in complex, cross-functional environments is required, along with the ability to operate effectively across both strategic planning and hands-on execution.

  • Strong leadership, communication, and stakeholder management skills are essential to drive alignment and deliver outcomes at scale.

Salary Range:

$137,400 - 233,600 USD

Salary 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 Authorization


Applicants 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).

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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