Data Product Lead - Wealth Management

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.

Job Profile Summary 

India Data Products and Governance Head is an exciting business focused leadership role for building Data, Analytics and AI function from ground up within India as part of Global Capability Center (GCC) for Wealth Management (WM). The lead, in partnership with the Chief Data and Analytics Officer, India Data and AI head, business and Technology Practices will build and deliver a cohesive Data, Analytics and AI agenda and roadmap for WM working with our Global Chief Data and Analytics Officer. Primary responsibilities including hiring High Quality Talent and retaining the talent, autonomously running several key projects on Enterprise Data Mesh and WM Data Cloud, interaction with business stakeholders.

Job Description    

Lead development of a multi-year Data, Cloud and Data Products agenda and roadmap for WM, in collaboration with Global Chief Data Officer, India Data and AI head, business, Global Center of Excellence and technology practices, to solve complex client and operational challenges through data solutions. Prior experience building India Center of Excellence in one of the premier financial institution and academic qualifications from one of the premier institutions such as IIT or IIM.

Roles/Responsibilities

• Implements and maintains a data products pipeline for data mesh and cloud implementation establish data governance structure for selected data management capabilities

• Leads the vision, strategy and implementation approach for our key data products, to deliver on the desired requirements and business outcomes of WM business.

• Own the e2e lifecycle of data products in the entire wealth ecosystem - including their deployment, change management, data management, data quality, access controls, usage, availability, business value delivery and cost of ownership.

• Optimize on the cost and efficiency and continuously work with WM business teams to reduce the risk associated with data products. Identifies and solves technical and operational problems; understands and recognizes broader impact across the department

• Work with technology delivery teams to share problem statement/business opportunity, desired outcomes and the functional & non-functional requirements for data products. Actively participate in user acceptance testing and sign off for go live.

• Accountable for useful KPIs & Metrics around data products lifecycle, to support the overall WM business KPIs & desired outcomes in line with the business strategy.

• Own and deliver on change management across the business for rollout of new products or incremental change to existing ones. Develops and executes a communication and change management plan

• Implements and tracks adoption of a data governance framework across critical data for the unit

• Implements solutions to improve data governance maturity • Implements management information reporting and tracking around data governance

• Develops and executes a communication and change management plan

• Collaborates with senior management in developing recommendations around policies, standards, and framework for data governance

• Collaborates with partners across the organization in developing and maintaining data governance structures ensuring we are meeting business needs while balancing quality, risk and cost

• Engages with the industry to learn about best practices and gain insightful competitive and regulatory intelligence to help in building excellence in our data governance initiatives

• Carries out complex initiatives involving multiple disciplines and/or ambiguous issues

• Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness, and productivity

• Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met

• Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication • Identifies and solves technical and operational problems; understands and recognizes broader impact across the department

• Guided by policies and departmental plan, impacts the team’s ability to achieve service, quality and timeliness of objectives

Knowledge

• Excellent oral and written communication skills are required • In-depth data governance, data management and strong financial industry knowledge is required

• Extensive exposure of building, owning and operating data products in Financial Services context, including bridging the gap between technology change delivery function and actual business users.

• Highly flexible and adaptable to change • Strong project management and/or organization skills

• Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff

• Ability to work in a fast pace, dynamic environment with limited direction

• Applies understanding of the business and how own area integrates with others to achieve departmental objectives

• Guides and influences others either internally or externally to adopt a different point of view

Experience

• Graduate from IIT/IIM or Tier 1 institutes along with 12+ years of experience into data governance and data management is required.

• Manages one or more teams; adapts department plans and priorities to meet short-term service and/or operational objectives

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.