Digital Modernization Office - Strategic Portfolio Management Consultant at Northern Trust in Chicago, Illinois

Job Description:

The Digital Modernization Office (DMO) is the control tower and heart of our digital modernization. The DMO focuses on the high priority, transformative initiatives, drives cross-enterprise coordination and alignment, provides enterprise transparency and directly engages to address critical issues with senior leadership cross-BU; Providing a strategic, independent, unbiased perspective while cultivating a transformation mindset

The Digital Modernization Office - C onsultant role is a unique opportunity to make an end-to-end impact across Northern Trust. The role is responsible for supporting the enterprise-wide portfolio shaping process that defines strategic priorities for NTs digital modernization program, In addition to supporting or leading strategic 'special projects' in conjunction with senior leadership and cross functional DMO core team

Responsibilities:

• Support or lead workstream execution of "special projects" as defined, assigned, and prioritized by Head of DMO in conjunction with core DMO team and cross functional BU and technology leaders
• Support problem-solving for the business as it seeks to identify new initiatives and generate greater impact, faster
• Support program planning including business case development in conjunction with Impact zone owners across prioritized digital modernization initiatives as required
• Continuously monitor health of prioritized Impact Zone portfolio for roadblocks, risks and dependencies and escalate to DMO leadership.
• Perform analysis to identify issue root cause, define actions needed to remediate and follow up to ensure "course correction" in conjunction with DMO team
• Operationally support DMO meetings and workshops (e.g., take / send / and close-loop on meeting actions, produce high quality presentation materials)
• Support the Quarterly Business Review (QBR) processes by producing key documentation and deliverables (e.g., meeting materials, meeting minutes, updating data in DMO tools)
• Prepare high quality materials and talking points for management group updates, internal communications, high-level readout reports, etc..
• Develop and maintain dashboards and reports to track OKRs and enable continuous improvement of DMO processes and tools including support of cross-functional DMO activities as required

Required skills:

• Excellent communication, negotiation, and presentation skills
• Comfortable with ambiguity, with a change agent challenger mentality
• Adept at problem solving, with sound business judgment and strong analytical skills
• Experience developing financial models
• Ability to excel in a cross functional environment working with senior executives
• Proactive process management skills, highly organized with an eye for detail
• Background in Asset Servicing, Wealth Mgmt., Asset Mgmt. preferred technology background a plus
• Experience with large complex enterprise-wide change initiatives
• Proficiency in Microsoft Office applications (e.g., Excel, PowerPoint), Power BI, PPM, Azure boards or similar tools a plus

• Prior experience in strategy or management consulting
• Program management experience
• Background in data management, data visualization, and dashboard development

• 1 - 3 years of relevant experience
• Bachelors' degree with Master's degree preferred or equivalent experience in a relevant field (business, economics, statistics)

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