Product Owner (Capital Markets+Agile environment)

We are seeking an experienced Product Owner with strong functional expertise in Custody, Trade Settlement, and Asset Servicing domains. The Product Owner will be responsible for driving the delivery of high-impact financial products and services that enhance operational efficiency, reduce risk, and improve client experience.
This role will closely collaborate with business stakeholders, technology teams, and cross-functional squads to define product vision, manage backlogs, and ensure alignment with Northern Trust’s strategic goals.
Key Responsibilities
Strong working knowledge of Trade Lifecycle and associated activities
Communicate the Vision and Goals at the beginning of each Release and Iteration.
Asses value, develop cases, and prioritize backlog and epics to ensure work focuses on those with a maximum value (such as user value, technical trade-off’s/debt, business value, cost/benefit analysis, business accounting, operating costs, market and competitor analysis, stakeholder management, etc.) that are aligned with product strategy
Develop scope and define backlog items (epic/features/user stories) that guide the Agile software development team.
Elaborate stories and defines acceptance criteria embracing lean, test driven development and agile practices. Accept stories as ‘done.’
Solve product related problems, make decisions, and complete trade-off analysis to stay on
Provide an active role in mitigating impediments impacting successful team completion of Release/Sprint Goals.
Possess an understanding of end-to-end user experience, integration and dependencies.
Lead and actively participate in Team Demo and Retrospectives.
Collaborate and communicate continuously, effectively and directly, with engineers, designers, business stakeholders, BA’s, SME’s and testers.
Work with Product Management and Stakeholders to define product vision, road-map and growth opportunities.
Work closely with Product Management to create and maintain a product backlog according to business value or ROI.
Lead the planning product release plans and set expectation for delivery of new functionalities
Keep abreast with Agile/Scrum best practices and new trends.
Product support and user training
Working knowledge of SWIFT 15022 and ISO 2022 messaging framework
Required Skills and Qualifications
Bachelor’s degree in Finance, Computer Science, or a related field (MBA preferred).
8-10 years of total experience, with at least 4+ years as a Product Owner or Business Analyst in financial services.
Strong functional knowledge of Custody Operations, Trade Settlement, Asset Servicing, or Clearing Systems.
Experience working in Agile/Scrum environments and using tools like JIRA, Confluence, and ADO.
Familiarity with post-trade workflows—trade capture, confirmation, matching, settlement, and reconciliation.
Hands-on experience with data-driven decision-making and stakeholder management.
Excellent communication, analytical, and problem-solving skills.

Work arrangement
Hybrid