Senior Product Manager – Asset Management (Liquidity & Cash Investments)

Overview

As Senior Product Manager, you will lead liquidity and cash investment strategy for Northern Trust Asset Management. You will collaborate with investment, distribution, legal, risk, operations, and technology teams to deliver scalable, client-focused liquidity products. You will shape product positioning, governance, and lifecycle, balancing market opportunities with regulatory standards. The role offers the chance to drive innovation in liquidity solutions and enhance client outcomes in a highly regulated, global environment.

Pay / Benefits

• flexible and collaborative work culture
• inclusive workplace
• philanthropy programs
• strong financial strength and stability
• senior leadership accessibility
• opportunities for internal mobility

Responsibilities

• Lead liquidity and cash investment product strategy across funds and accounts
• Monitor market trends, client needs, regulatory changes, and competition to identify opportunities
• Develop business cases and present strategic recommendations to senior leadership
• Act as SME for liquidity solutions supporting stakeholders and distribution teams
• Prepare executive materials, client collateral, and sales support documentation
• Drive product launches and lifecycle management including tokenized liquidity and digital capabilities
• Partner with portfolio management on investment strategy, liquidity management, and cash flows
• Collaborate with technology to improve digital client experiences and platforms
• Coordinate product governance processes and disclosures
• Ensure regulatory compliance and effective governance throughout the product life cycle

Key requirements

• Bachelor’s degree in Finance, Economics, Business, or related discipline
• Significant experience in asset management, product management, liquidity investments, fixed income, treasury, or cash management
• Strong knowledge of money market funds and liquidity products for institutional clients
• Understanding of regulatory frameworks, product governance, and risk management in asset management
• Experience working with global, cross-functional teams and influencing senior stakeholders
• CFA, CAIA, MBA, or other relevant professional qualifications preferred

• Strong analytical and problem-solving abilities
• Executive-level communication and presentation skills
• Cross-functional collaboration and stakeholder influence
• Proficiency in Microsoft Office
• Investment research, analytics, and market data platforms
• Knowledge of liquidity strategies and cash investment products

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