Principal, Product Management

Welcome to Northern Trust, a leading financial services company dedicated to helping our clients reach their financial goals. We are looking for a highly qualified and experienced Principal of Product Management to join our team. This role is critical in driving our product strategy and ensuring that our products meet the needs of our clients. As a Principal of Product Management, you will have the opportunity to lead a team, collaborate with cross-functional partners, and make a significant impact on the success of our company. If you have a strong background in product management and a passion for delivering exceptional products, we encourage you to apply.

1. Develop and drive the overall product strategy for Northern Trust, aligning it with the company's goals and objectives.
2. Lead a team of product managers, providing guidance, support, and mentorship to ensure their success.
3. Collaborate with cross-functional teams, including marketing, sales, and technology, to ensure alignment and execution of product strategy.
4. Conduct market research and analysis to identify customer needs, industry trends, and competitive landscape to inform product development.
5. Define product requirements, features, and roadmap, and prioritize based on business impact and customer value.
6. Monitor and track product performance, using data and insights to make informed decisions and recommendations for improvement.
7. Communicate product updates, changes, and enhancements to internal and external stakeholders, ensuring alignment and understanding.
8. Ensure compliance with regulatory requirements and industry standards for all products.
9. Stay informed about industry developments, emerging technologies, and market trends to identify opportunities for product innovation.
10. Represent Northern Trust in industry events, conferences, and client meetings to showcase our products and build relationships.

According to JobzMall, the average salary range for a Principal, Product Management in Chicago, IL, USA is between $185,000 and $225,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual.

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.