Product Owner

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.

Summary

The Business Analysis function plays a key role during the onset of a project or program by helping define scope and create requirements by working closely with business partners to understand and translate needs using the SAFe delivery framework. This role serves as a contact for business during requirements gathering phase and to IT during the design, development, and testing phase. Functional expertise is required.

Key expectations for BA job spec:

End to end software development life cycle experience covering:

Gathering requirements, process modelling and data analysis

Working with the business architects to ensure that the requirements are understood and that the delivered design fulfils all the requirements adequately, facilitation of Solution review and acceptance

Supporting the technology teams through the build and unit test activities to ensure that all requirements are understood

Working with business teams to elicit input and support the planning and execution of user acceptance testing

Supporting the test team through pre-acceptance testing, system testing and system integration testing, test execution review and acceptance

Assisting with operation readiness, data migration, user testing and roll-out as necessary, pre preparedness and post release monitoring (warranty period and fix deployments)

BA skills covering:

Carries out complex activities that are large in scope, cross-functional and technically difficult with significant financial, client, and/or internal business impact.

May have direct interaction with committees and/or Senior Management

As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.

May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)

More technically sound in area of expertise and has broader knowledge of other areas

Delivers a work product that requires less revision

Able to facilitate discussions and reach decisions

Able to manage respective product backlog and keep work items on track to the delivery date.

Collaborate with Product Managers and Program Managers to intake and manage incoming work items (Epics), support PI Planning, and define work breakdown structures, with strong proficiency in Agile planning and delivery

Able to define and document detailed Target Operating model for the change implementation.

Proven capability to operate in a SAFe Agile delivery model, contributing to PI Planning and driving consistent delivery through iterative and sprint-based execution

Skill/ Domain Knowledge:

Experience of having worked in a Global Custody and/or Securities Servicing environment is key, Trade Settlement process knowledge is a must.

Experience & knowledge on SAFe Agile delivery framework.

Good knowledge and experience of working on tools like Micorsoft 365 tools, Visio, Miro and ADO and co-pilot

Strong communication skills, collaboration and stakeholder management

Experience of working in a large multiyear global transformation project

Ability to quickly interpret/decipher trends, identify early signs from available data and formulate effective strategies and actions in achieving program objectives.

Highly flexible and adaptable to change

Having done the Business Analysis role for 10 years or more

Hands on experience in Product owner or Product Manager roles.

BA and Agile or SaFE Agile certifications are encouraged

Experience:

For internal applications - 24 months as Consultant

Seasoned expert with extensive financial services business knowledge and Trade Settlements functional expertise that has been developed over 10+ years and/or equivalent experience

Education

MBA/PGDM in any specialization

B.Com/BA/BE in any specialization

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 MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.