Payments Product Manager - Digital Money Movement

The Northern Trust Company; Chicago (IL); On-site; USD 110,000 - 165,000; Full time

Job summary

Northern Trust in Chicago is seeking a Product Manager - Money Movement to shape digital payment capabilities across ACH, wires, transfers, and bill payments. You will work with Product, Technology, Operations, Fraud, Risk, Compliance, Legal, Design, and external partners to translate client needs into actionable product requirements and delivery plans.

Opt for a role balancing client experience with payment reliability, regulatory requirements, and operational efficiency.

Qualifications

• Experience in product management for payments or digital banking.
• Knowledge of ACH, wires, transfers, and bill payments.
• Experience across the product lifecycle from discovery to post-launch.
• Ability to write epics, user stories, and acceptance criteria.
• Understanding of APIs, payment platforms, and fraud controls.

Responsibilities

• Manage Money Movement products and client journeys, contributing to strategy and roadmap.
• Lead end-to-end initiatives from discovery to launch and post-launch assessment.
• Translate needs into epics, features, user stories, acceptance criteria, and flows.
• Collaborate across Technology, Operations, Fraud, Risk, Compliance, Legal, Design, and Product.
• Incorporate controls: authentication, limits, fraud monitoring, approvals, and notifications.
• Understand payment workflows, APIs, data flows, platform capabilities, and downstream dependencies.
• Use client feedback and data to identify opportunities and inform decisions.
• Find opportunities to simplify journeys and automate processes; improve straight-through processing.
• Partner with Agile teams on backlog, PI and sprint planning, testing and releases.
• Monitor metrics like adoption, success rates, volumes, and processing times.
• Manage risks and blockers; communicate priorities and progress.

Skills

Product management

Money Movement

Payments

Requirements management

APIs & integrations

Fraud controls

Regulatory compliance

Analytical thinking

Stakeholder communication

Job description

Northern Trust in Chicago is seeking a Product Manager - Money Movement to shape digital payment capabilities across ACH, wires, transfers, and bill payments. You will work with Product, Technology, Operations, Fraud, Risk, Compliance, Legal, Design, and external partners to translate client needs into actionable product requirements and delivery plans.

Opt for a role balancing client experience with payment reliability, regulatory requirements, and operational efficiency.