Northern Trust

IAM Strategic Business Management

Northern Trust$90K — $154K *
Tempe, AZ 85281In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services or related field.
  • Proven expertise in data analysis and management reporting.
  • Strong knowledge of business strategy development and implementation.
  • Experience in budget preparation and resource management.
  • Exceptional communication and relationship-building skills.
  • Proficient in Microsoft PowerPoint, Excel, and Power BI.
  • Ability to operate autonomously and influence senior stakeholders.

Responsibilities

  • Define metrics and relevant data sources for business units.
  • Develop strategies for effective data analysis and reporting.
  • Oversee analytics for quality assurance and discrepancy correction.
  • Build systems to transform raw data into actionable insights.
  • Analyze market intelligence and summarize findings.
  • Drive change through prioritization and alignment of resources.
  • Partner with management to align teams with business priorities.

Benefits

  • Comprehensive benefits package including retirement plans.
  • Health and welfare benefits: medical, dental, vision.
  • Paid time off, parental and caregiver leave.
  • Life and accident insurance options.
  • Discretionary bonus program with potential equity component.
Full Job Description

Major Duties :• Define BU wise metrics and relevant data sources.
• Develop strategies for effective data analysis and reporting.
• Oversee all analytics to correct discrepancies and ensure quality.
• Build systems to transform raw data int actionable business insights.
• Keep abreast of industry trends.
• Obtain, analyze and summarize market intelligence for the region.
• Responsible for design, delivery & management of monthly management reporting requirements.
• Business Strategy and Growth

a. Act as a trusted advisor to the Business Head

b. Partner with the management team to develop priorities to enable delivery of the overall strategy for the business

c. Drive change through prioritization and alignment of resources

d. Own and ensure delivery of strategic business initiatives

e. Align teams to business priorities

f. Ensure business strategy considers market structure and regulatory changes

Business Performance and Planning

a. Optimize business performance by driving key initiatives

b. Lead annual business budget process

c. Ensure optimal resource budgeting and allocations to achieve business priorities

d. Oversee and manage investment / productivity initiatives across the end-to-end business to achieve multi-year targets

e. Develop ad-hoc analytics to help the business better understand and manage its costs, risks, capital usage, pricing, growth opportunities, etc.

Regulation, Risk and Controls

a. Understand the impact of new regulations on the business and how that may impact the business strategy

b. Respond to requests from Regulators as required.

6. Ad Hoc / General Business Management Support.

Knowledge :• Seasoned expert with strong technical and / or business knowledge and functional expertise.
• Strong communication skills, together with influencing and relationship-building are important attributes for the role. The ability to maintain confidentiality is essential.
• Some cost management experience including preparation of budgets and monitoring expenses for large functions is beneficial.
• Able to collaborate across lines of businesses and work with central/corporate organizations, building a strong network
• Working with big sets of data and analyzing this to find conclusions.
• Translating initiatives into a presentation. Must be able to present findings and translate data into corporate presentations.
• Drive trends and provide new conclusions or perspectives on new findings.
• Working collaboratively with business partners: HR, Compliance and Finance in order to support day to day business activities.
• Expert Microsoft PowerPoint ,Excel skills and Power BI skills. Familiarity with business intelligence tools.

Experience :• Solid experience within Financial Services.
• Prior experience of producing MI for senior stakeholders alongside resource and budget management.
• A university/college degree or equivalent and/or relevant proven work experience is required.
• Ability to operate autonomously with an ability to face off to the management team, demonstrates a willingness to take initiative and work independently, a problem solver
• Ability to understand the strategic business vision; focus on improving the bottom line.
• Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo
• Strong attention to detail

Salary Range:

$90,820 - 154,280 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.

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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