Associate Specialist, Business Strategy - Strategic Portfolio Management

Northern Trust • Chicago, IL

11d

About The Position

The Strategic Portfolio Management team, under the Portfolio Strategy & Program Execution team, supports Northern Trust’s Wealth Management (WM) business unit through the administration, management, and governance of its financial and human resource investments and portfolio of work. As such, the team oversees processes designed to ensure strategic alignment across projects, investment decisions supported by robust business cases, insight and transparency into the portfolio of work, management of dependencies, achievement of outcomes, and accountability at all levels. The Associate Specialist will support the Strategic Portfolio Manager in various areas such as financial and human resource demand, business case development, and performance management. In this role, you will need to be a leader who is analytical, action-oriented, a great communicator, and comfortable driving change through influence. You will interact with Wealth Management senior leaders, Product, and Technology partners to foster an innovative and integrated environment, resulting in an optimized portfolio with clear priorities and expected outcomes.

Requirements

• Excellent Excel and PowerPoint skills
• Excellent oral and written communication
• Strong ability to create effective presentations with data
• Strong administrative and organizational skills
• Highly flexible and adaptable to change
• Proactive and self-motivated
• Ability to work both independently as well as collaboratively
• Strong critical/strategic thinking, problem solving, and analytical skills
• 3 to 5 years of experience in consulting, finance, corporate strategy, business enablement or related field.

Nice To Haves

• Aware of Agile project management and development methodologies, including MVP definition and product roadmap planning techniques
• Financial Services knowledge

Responsibilities

• Create, improve, and/or manage multiple strategic processes including business case development, performance goal setting and management, and ROI/value realization framework
• Coordinate and facilitate governance forums where initiative business cases are presented for investment consideration.
• Facilitate completion of business cases by requesting teams.
• Meet with WM leadership to gather, understand and maintain a future-focused initiative list.
• Coordinate and prepare quarterly WM capital presentation materials.
• Work with initiative owners to define overarching goals using the objectives & key results (OKRs) framework.
• Actively maintain OKRs and create summary reporting, as needed.
• Collaborate with the other Strategic Portfolio Management team members to maintain portfolio roadmap, track dependencies and key risks, maintain up-to-date financial data, and escalate potential issues.
• Create ad-hoc financial analysis, reports and presentations, including summary views, for various senior stakeholders.
• Demonstrate a proactive and persistent approach to work, driving open items to completion consistently and independently.

Benefits

• 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
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed