Payment Operations Manager

Northern Trust


Job Location:

Chicago, IL - USA

Monthly Salary: $ 154300 - 269900
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

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.

The Payment Operations Manager is accountable for delivering operational excellence modernization and continuous improvement of the Payment Operations (sub-Capability) group which forms part of the Payment Services capability.

Reporting to the Global Payment Services Capability Owner the Payment Operations Manager leads a global team responsible for the timely and accurate processing of payment transactions across Northern Trust direct and indirect clearing channels to include payment lifecycle management and control. The role ensures processes technology and people are aligned to deliver high-quality and timely outcomes in a controlled environment.

The Payment Operations manager is the single global point of responsibility for performance collaborating across functions and geographies to achieve enterprise objectives and is responsible for identifying and supporting modernization efforts stewarding data and the technology that underpins resilient service delivery.

Key Responsibilities:

Leadership & Modernization

  • Provide leadership to define and communicate the vision and roadmap for the sub-capability ensuring alignment with enterprise strategy and client needs.

  • Champion modernization and innovation identifying opportunities to enhance processes and drive productivity.

  • Partner across functions supporting the sub-capability ensuring systems are robust scalable and future-ready.

Operational Excellence

  • Responsible for delivery of daily operations ensuring a resilient and globally consistent operating model

  • Maintain operational processes controls and oversight to ensure timely and accurate service delivery.

Risk Management & Compliance

  • Maintain a robust control environment aligned to enterprise risk & compliance frameworks.

  • Ensure compliance with relevant regulations and internal policies.

Stakeholder & Client Management

  • Comply with service level agreements providing transparency on service delivery through performance metrics and issue resolution.

  • Provide incident response and crisis management for issues impacting the sub-capability

  • Pursue process improvements that enhance client experience and reduce risk.

Talent & Culture

  • Structure build lead and inspire a diverse & high-performing team.

  • Align workforce planning to Capability objectives

  • Foster a culture of accountability continuous improvement and service excellence.

  • Manage change effectively ensuring teams are engaged and resilient.

Data Stewardship & Performance Accountability

  • Maintain responsibility for the quality completeness timeliness and accuracy of all data and outputs aligned with the sub-capability regardless of where the data sits or which systems produce it.

  • Adherence to data governance standards regulatory requirements and risk management practices.

The ideal candidate should have a fair amount of the following skills & experience

  • University degree in a relevant field.

  • Proven experience in the financial services industry with domain expertise in Payment Operations.

  • Proven experience in operations management within a complex global organization.

  • Proven leadership guiding teams across different jurisdictions.

  • Proven experience operating within risk compliance and resiliency frameworks.

  • Operations specialist with ability to manage multiple priorities and high-quality outcomes

  • Excellent analytical and problem-solving skills.

  • Strong written and verbal communication skills.

  • Demonstrated ability to influence persuade and deliver concise messaging across a broad diverse stakeholder group.

Salary Range:

$154300 - 269900 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.

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 andapply 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.


Required Experience:

Manager

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...

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Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.

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