Northern Trust US | Manager, Transformation Performance and Finance

Key responsibilities

• The role will manage the full financial lifecycle of transformation activity, including annual planning, capital and expense budgets, forecasts, software and vendor costs, consulting arrangements, capitalization and utilization, reallocations, accruals, benefits tracking and executive reporting.
• The role is expected to operate as both a people leader and a working manager, with direct involvement in planning, analysis, portfolio reviews and senior-management deliverables.
• 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).
• Establish a disciplined monthly performance review process and surface initiatives requiring intervention, additional evidence, reforecasting, scope change or discontinuation.
• Ensure reporting is decision-oriented, concise and traceable to authoritative financial and operational data.
• Reporting to the Head of Transformation Enablement, the manager will oversee data and financial analysts and partner with Finance, Strategic Planning, Capital Management, Procurement, Technology, Product, Program Management and initiative leaders.
• Design and own the integrated performance-management framework for the transformation portfolio, covering delivery, financial performance, client outcomes, advisor and employee impact, adoption, service, risk, controls and benefits realization.
• Define standard KPI dictionaries, calculation methods, baselines, targets, data sources, owners, reporting frequency and escalation thresholds.
• Create portfolio dashboards and executive reporting that distinguish activity, outputs, adoption, outcomes and realized benefits.
• Create and maintain benefits records for each transformation initiative, including expected client, field, growth, revenue, expense, productivity, capacity, risk and service outcomes.
• Validate benefit assumptions, baselines, timing, dependencies and accountable business owners before investment approval.
• Monitor whether delivered capabilities are adopted and whether adoption is producing the expected outcomes.
• Partner with initiative and business owners to define corrective actions when benefits are delayed, overstated or not supported by evidence.
• Coordinate post-implementation reviews and maintain a clear line of sight from approved business case through realized value.
• Budgeting, Forecasting and Financial Planning
• Lead annual and multi-year financial planning for the Transformation Office, including capital, operating expense, software, vendors, consulting, data, technology and internal resource requirements.
• Coordinate transformation inputs to strategic planning, annual budgeting, quarterly forecasting and capital-planning processes.
• Maintain initiative-level and portfolio-level budgets, forecasts, commitments, actuals, accruals, variances and estimate-at-completion views.
• Develop scenario analyses and recommendations to support sequencing, funding tradeoffs, capacity decisions and portfolio reallocation.
• Ensure financial plans reconcile across Transformation, Finance, Technology, Procurement and business records.
• Monitor approved capital, release schedules, capitalization eligibility, utilization, in-service timing and forecasted carryover in partnership with Finance and Accounting.
• Identify underutilized, delayed or stranded capital early and recommend acceleration, reallocation, reforecasting or release.
• Ensure initiative teams understand approved funding boundaries and provide timely evidence supporting capitalization and financial controls.
• Prepare capital-governance materials and maintain a transparent record of funding decisions, conditions, changes and accountable owners.

Experience and qualifications

• 8+ years of progressive experience in financial planning and analysis, corporate finance, capital management, portfolio management, transformation performance, management information, consulting or related disciplines.
• At least 3 years of people-management or substantial team-leadership experience, including responsibility for developing analysts and reviewing complex work products.
• Proven experience managing capital and expense budgets, forecasts, vendor or consulting spend, accruals, variances and executive financial reporting.
• Strong analytical and data-management capability, including advanced spreadsheet skills and experience with financial, portfolio, visualization or business-intelligence tools.
• Ability to challenge assumptions, reconcile inconsistent data, explain complex financial information clearly and influence senior stakeholders.
• Experience in wealth management, banking, asset servicing, financial services, technology or another highly regulated environment preferred.
• Bachelor’s degree in finance, accounting, economics, business, data analytics or a related field required; MBA, CPA, CFA or other relevant advanced credential preferred.
• Experience defining KPIs, managing benefits realization and integrating financial, operational and delivery data into decision-oriented reporting.

Northern Trust US

Northern Trust US is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Chicago, Tempe, New York and Miami.

• Industry: BFSI / Investments / Insurance