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.