Specialist Product Manager, Digital Asset Solutions

001 The Northern Trust Company; Chicago (IL); On-site; USD 137,000 - 234,000; Full time

Job summary

The Northern Trust Company is seeking a Specialist Product Manager for Digital Asset Solutions in Chicago to own the portfolio, strategy, and roadmap, delivering innovative client solutions across asset servicing and technology delivery. You will lead cross-functional initiatives with stakeholders in Sales, Compliance, and Operations to drive revenue opportunities and ensure strong governance.

Ideal candidates bring 10+ years in financial services product roles, experience with digital assets

Qualifications

• Bachelor’s degree required; advanced degree preferred.
• 10+ years of experience in financial services with significant product management, product strategy, digital product, or technology delivery experience.
• Experience developing and scaling digital asset solutions, including distributed ledger technology (DLT), tokenization, central bank digital currencies (CBDCs), stablecoins, and related technologies.
• Strong knowledge of asset servicing products, including custody, cash, fund services, and related capabilities.
• Experience leading product commercialization, pricing strategy, investment prioritization, and business case development.
• Proven ability to influence senior stakeholders and drive results across complex, matrixed organizations.
• Excellent communication, stakeholder management, and relationship-building skills.
• Strategic mindset, strong execution focus, and commercial acumen.

Responsibilities

• Own the global digital asset portfolio, strategy, and roadmap.
• Convert capabilities, data, reporting, and services into differentiated client solutions.
• Assess market trends, identify opportunities, and represent Northern Trust externally.
• Align senior leaders and cross-functional partners on priorities and decisions.
• Partner with Sales and Relationship Management on client opportunities.
• Lead pricing, business cases, investment decisions, and revenue opportunities.
• Drive delivery across the product lifecycle.
• Oversee product enhancements, launches, and ongoing performance.
• Manage governance, risk, controls, dependencies, and outcomes.

Skills

Product management

Stakeholder management

Strategic thinking

Financial acumen

Education

Bachelor’s degree

Advanced degree preferred

Tools

Distributed Ledger Technology (DLT)

Tokenization

CBDCs

Stablecoins

Job description

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.

Specialist Product Manager, Digital Asset Solutions Summary

The Specialist Product Manager, Digital Asset Solutions is responsible for executing the strategy of the Global Product Management Office for Northern Trust’s digital asset product suite. This role drives product commercialization, innovation, and product lifecycle initiatives, including market assessment, product launches, and ongoing product enhancements. Partnering across Product, Technology, Operations, Finance, Risk, Compliance, Sales, and Relationship Management, the position delivers market-leading digital asset solutions, supports revenue growth, and enhances client outcomes.

Major Duties

Product Strategy & Innovation

• Own the global digital asset portfolio, strategy, and roadmap.
• Convert capabilities, data, reporting, and services into differentiated client solutions.
• Assess market trends, identify opportunities, and represent Northern Trust externally.

Stakeholder Leadership & Commercialization

• Align senior leaders and cross-functional partners on priorities and decisions.
• Partner with Sales and Relationship Management on client opportunities.
• Lead pricing, business cases, investment decisions, and revenue opportunities.

Product Execution & Governance

• Drive delivery across the product lifecycle.
• Oversee product enhancements, launches, and ongoing performance.
• Manage governance, risk, controls, dependencies, and outcomes.

Experience and Qualifications

• Bachelor’s degree required; advanced degree preferred.
• 10+ years of experience in financial services with significant product management, product strategy, digital product, or technology delivery experience.
• Experience developing and scaling digital asset solutions, including distributed ledger technology (DLT), tokenization, central bank digital currencies (CBDCs), stablecoins, and related technologies.
• Strong knowledge of asset servicing products, including custody, cash, fund services, and related capabilities.
• Experience leading product commercialization, pricing strategy, investment prioritization, and business case development.
• Proven ability to influence senior stakeholders and drive results across complex, matrixed organizations.
• Excellent communication, stakeholder management, and relationship-building skills.
• Strategic mindset, strong execution focus, and commercial acumen.

Salary Range

Salary Range: $137,400 - 233,600 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 [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Looking for greater? You found it.

A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.

EEO Know Your Rights (U.S).