Manager, Business Strategy - Wealth… at Northern Trust · Chicago

Manager, Business Strategy - Wealth Management

Location: Chicago, IL

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 Strategic Portfolio Management (SPM) team within Wealth Management Business Enablement oversees the portfolio of strategic initiatives and capital investments, ensuring alignment between business strategy and execution. The role partners with senior leaders to optimize investment decisions, portfolio governance, reporting, and value realization.

Key Responsibilities

• Lead strategic portfolio management processes, governance, and reporting.
• Develop and present financial and operational analyses to senior leadership.
• Create portfolio reporting that provides transparency for decision-making.
• Build financial models, scenario analyses, and executive-level presentations.
• Partner with Product, Technology, and Wealth Management leadership.
• Drive change management, accountability, and issue resolution.
• Maintain visibility into portfolio risks, dependencies, investments, and outcomes.
• Mentor team members and foster cross-functional collaboration.

Required Experience & Skills

• Approximately 10+ years of relevant experience.

• Strong financial, portfolio, and data analysis capabilities.
• Advanced Excel and PowerPoint skills.
• Excellent executive communication and presentation skills.
• Ability to influence senior leaders and drive decisions through analysis.
• Strong strategic thinking, problem-solving, and organizational skills.
• Ability to work independently and drive initiatives to completion.
• Experience building relationships across all organizational levels.

• Ability to manage a team.

Salary Range:

$114,700 - 194,900 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

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.