Head of FX Product

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Role/Department:

The Head of FX Product Management is responsible for leading and managing the global FX product management team supporting Northern Trusts CustodyFX CompleteFX Currency Management and eFX businesses.

Partnering closely with the Global Head of FX and the FX Leadership Team this role drives FX product strategy develops new product capabilities and supports the growth of business revenues and profitability.

The role acts as the global product authority for FX overseeing product development from concept through sales rollout while ensuring strong governance regulatory compliance and commercial discipline.

The key responsibilities of the role include:

The successful candidate will benefit from having:

Product Strategy and Development

• Lead projects to develop new FX products and investment-related solutions from concept through full implementation and sales rollout.

• Drive strategic direction and develop product roadmaps aligned to client needs market trends and business objectives.

• Identify new product opportunities and enhancements across CustodyFX CompleteFX Currency Management and eFX.

• Review and define the future-state target operating model including technology operations and compliance considerations.

Client Sales and Market Engagement

• Participate in client prospect and sales discussions and presentations to promote Northern Trusts FX products and capabilities.

• Act as the FX product expert in client discussions industry forums and external engagements.

• Gather and analyse competitive intelligence and market data to inform product positioning and strategy.

• Monitor markets serviced to ensure product offerings remain competitive and relevant.

Commercial Management

• Monitor product revenue sales performance and profitability.

• Develop and execute go-to-market strategies including pricing and distribution models.

• Own pricing strategies and distribution approaches for FX products and solutions.

Governance Risk and Regulatory Oversight

• Maintain a thorough understanding of FX legal requirements regulatory obligations and industry standards.

• Ensure all products comply with applicable regulatory legal and internal governance requirements.

• Partner with Risk Compliance Legal Operations and Technology teams to manage risk and support product delivery.

Leadership and Collaboration

• Lead and manage the global FX product management team across the US and UK.

• Collaborate closely with the Head of PMO Technology Product Delivery Risk & Compliance and senior management to ensure execution of the product roadmap.

• Provide leadership direction and development support to build a high-performing global product team.
  

Skills/Qualifications:

• Deep FX experience ideally within a product management role covering CustodyFX Transactional FX Currency Management and/or eFX.

• Proven track record of developing and executing strategic plans that drive business growth.

• In-depth functional and industry knowledge of the FX market.

• Strong relationship-building skills with the ability to influence and negotiate with clients partners vendors and senior leaders.

• Program or project management experience including planning analysis design and governance is advantageous.

• Demonstrated leadership and organisational skills including setting goals allocating resources and developing team capability.

• Excellent oral and written communication skills.

• Highly flexible and adaptable with the ability to operate effectively in a changing environment.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds 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 .

We hope youre 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.