Product Manager, Institutional

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role/ Department:

Northern Trust Asset Management (NTAM) is a trillion-dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realise their long-term objectives.

The business is rapidly expanding and there is a need for a seasoned strategic product manager in Australia. Based in Melbourne, and part of a Global Product team, the Strategic Product Manager is responsible for executing product strategy across the APAC region and designated product lines, ensuring strong commercial outcomes throughout the product lifecycle.

This role partners closely with investment, distribution, marketing, and finance teams to drive scalable growth, profitability, and effective market positioning.

The key responsibilities of the role include:

• Oversee APAC Product Governance ensuring local and global standards are met.
• Manage pricing requests and perform market pricing analysis
• Product design through collaboration with investment and other teams to agree end to end operating model and appropriate vehicle structure to achieve investment objectives and client requirements.
• Ensure legal documentation and regulatory compliance of key requirements of investment products.
• Work closely with Distribution Team to help position existing products or if required evolve existing products to meet client needs/demand.
• Drive execution by collaborating with Global Product Team and Operations to lead implementation of new products and update of existing products as required including documentation reviews.
• Analyze market and industry trends to inform product development and commercialization efforts.
• Identify product competitive sets/peers and the key NTAM product value drivers that are differentiators relative to the competition. Represent product in various internal and external forums as needed.
• Support sales/prospecting opportunities as needed.

Skills/ Qualifications:

The successful candidate will benefit from having:

• Seasoned multi-disciplinary expertise with extensive experience across the investment product lifecycle.
• A good knowledge of the Australian and some other APAC investment industries.
• Strong executive presence to oversee Product Governance and manage the relationship with outsources Fund Trustees.
• Investment and product structure knowledge and functional expertise.
• A balanced, cross-functional perspective, able to liaise with the business to improve efficiency, effectiveness and productivity.
• University level degree plus appropriate investment qualifications.

Experience

• 8-10 years more years of investment product management, investment management, or related experience.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.