Identity & Access Management: Strategy & Product Lead

Cyber Security Jobs; Chicago (IL); On-site; USD 89,000 - 151,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus with potential for

Equity component potential

Job summary

Northern Trust is seeking a Business Analyst, Identity & Access Management (IAM) Strategy & Product Management, to bridge business needs with cyber security requirements and technology capabilities. You will work with product managers, engineering, risk, audit, and compliance to define requirements, analyze processes, and support strategic IAM initiatives.

The role emphasizes IAM strategy, roadmap development, governance, and operational excellence across IGA, PAM, access controls, directory

Qualifications

• Bachelor's degree in Business Administration, Information Technology, Cyber Security, Computer Science, or a related field.
• 3-7 years of experience in business analysis, product management, consulting, cyber security, or IAM-related functions.
• Strong understanding of Identity & Access Management concepts and practices.
• Experience gathering and documenting business requirements.
• Strong analytical, problem-solving, and organizational skills.
• Excellent written, verbal, and presentation communication abilities.
• Advanced proficiency with Microsoft Office Suite, including PowerPoint and Excel.

Responsibilities

• Support the development and execution of the IAM strategic roadmap aligned to business objectives, regulatory requirements, and cyber security priorities.
• Partner with IAM Product Managers to define product vision, objectives, key results (OKRs), and success metrics.
• Conduct market research, benchmarking, and competitive analysis to identify emerging IAM trends, technologies, and best practices.
• Assist in evaluating new IAM capabilities, products, and vendor solutions through business case development and cost-benefit analysis.
• Develop executive-level presentations, reports, and strategy documentation.
• Gather, document, and validate business, functional, operational, and reporting requirements.
• Facilitate workshops and stakeholder discussions to identify business needs and pain points.
• Translate business requirements into user stories, process flows, acceptance criteria, and product backlog items.
• Define future-state processes and operating models for IAM services.
• Analyze impacts across people, process, technology, and governance components.
• Partner with engineering and delivery teams throughout the project lifecycle.
• Support Agile ceremonies including backlog grooming, sprint planning, and prioritization activities.
• Assist with roadmap planning and dependency management across IAM initiatives.
• Track project milestones, risks, issues, and action items.
• Coordinate user acceptance testing (UAT) and business validation activities.
• Support IAM governance processes, standards, policies, and control frameworks.
• Assist with regulatory examinations, internal audit reviews, and external assessments.
• Analyze IAM controls and identify opportunities to improve effectiveness and maturity.
• Develop metrics, KPIs, KCIs, and reporting dashboards to measure program performance.
• Ensure product requirements align with regulatory, privacy, and security obligations.
• Analyze IAM operational and business data to identify trends and improvement opportunities.
• Produce dashboards, scorecards, and executive reporting packages.
• Monitor adoption, utilization, risk reduction, and operational performance metrics.
• Support financial planning, budget tracking, and resource forecasting activities.

Skills

IAM concepts

Business analysis experience

Product management

Analytical/problem-solving

Communication skills

MS Office (PowerPoint & Excel)

Education

Bachelor's degree in related field

Tools

Microsoft Office Suite

Job description

Northern Trust is seeking a Business Analyst, Identity & Access Management (IAM) Strategy & Product Management, to bridge business needs with cyber security requirements and technology capabilities. You will work with product managers, engineering, risk, audit, and compliance to define requirements, analyze processes, and support strategic IAM initiatives.

The role emphasizes IAM strategy, roadmap development, governance, and operational excellence across IGA, PAM, access controls, directory