Jobs · Management · Illinois

Payment Operations Manager

Northern Trust · Chicago, IL · 6 days ago
Management$154k–$270k/yrFull-time

Key Responsibilities

  • 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.

Requirements

  • 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.

Qualifications

  • Experience in managing cross-functional teams.
  • Knowledge of financial services regulations and compliance frameworks.
  • Experience in implementing and maintaining IT systems.
  • Experience in developing and implementing business processes.
  • Experience in managing project timelines and budgets.

Benefits

The salary range for this position is $154,300 - $269,900 USD. Northern Trust offers 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
  • Other voluntary and well-being benefits
  • A discretionary bonus program that may include an equity component

Schedule

Full-time position.

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