About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
The Specialist‑Business Analyst is a key individual contributor within the EMEA Legal Entity Change (LEC) team, aligned to the Asset Servicing Business Unit. The role supports complex, multi‑jurisdictional legal entity change programmes driven by strategic growth, regulatory change, entity restructuring, market entry/exit and targeted transformation across EMEA. For context, the team has delivered on Northern Trust’s Brexit programme, established new branches and fully operational legal entities across multiple jurisdictions, and provided internal consultative capability on matters of legal entity or regulatory focus.
The role operates with a high degree of autonomy and is accountable for leading business analysis across single large‑scale programmes, multiple concurrent initiatives, or defined workstreams. The Specialist‑Business Analyst contributes from mobilisation through implementation, partnering with Asset Servicing stakeholders and with Legal, Risk and Compliance, HR, Technology and ECOO teams as required to shape scope, define and manage requirements, and support delivery in line with ECM methodology and the SDAM technology delivery process.
Key responsibilities
- Lead end‑to‑end business analysis deliveries for large, cross‑functional and technically complex initiatives spanning multiple legal entities and jurisdictions.
- Support initiative mobilisation by conducting preliminary analysis, feasibility assessments and options analysis.
- Define and manage clear, regulator‑credible scope aligned to legal entity, regulatory and operating model requirements.
- Elicit, document and manage business and functional requirements, ensuring alignment to ECM standards and SDAM delivery expectations.
- Develop high‑quality BA artefacts including business and functional requirements, process maps (as‑is / to‑be), impact assessments and traceability documentation.
- Act as the primary business interface for stakeholder functions, and particularly Technology throughout design, build, testing and implementation phases.
- Support testing activities through definition of test scenarios, review of outcomes and resolution of defects.
- Engage directly with senior stakeholders including project sponsors, executive management, steering committees and working groups.
- Partner closely with Technology, Legal, Compliance, Risk, HR, Finance and ECOO teams.
- Support governance forums associated with significant change efforts, including entity boards, executive committees and regulatory‑driven initiatives.
- Ensure analysis outputs are suitable for senior management and regulatory consumption.
Required skills and qualifications
- Strong stakeholder engagement and governance skills.
- Solid understanding of Asset Servicing businesses including custody, fund services, depositary and ancillary services, and awareness of client‑facing roles.
- Demonstrated experience delivering regulatory‑driven or legal entity change initiatives within financial services preferred.
- Practical experience producing ECM compliant artefacts and working within SDAM technology delivery frameworks preferred.
- Excellent written and verbal communication skills with the ability to influence and advise senior stakeholders.
- Highly adaptable, comfortable operating in complex and evolving regulatory and legal entity environments.
- Relevant experience in financial services.
- Business analysis qualifications, certificates are preferred.
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
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