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Product Owner: Shadow IT and Open Source

Northern Trust
Pune, India
Closing date
Jul 12, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
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.

Position Summary

Enterprise Architecture's mission is to design and operate the Capabilities and Platforms that will support Northern Trust's clients for the next decade. Our purpose is to continuously strengthen business-IT alignment around business strategic objectives and improve the return on value from technology. We do this by driving best in class well architecture disciplines and the right technology, at the right time, for the right economics.

This product owner role is focused on IT Asset Management (ITAM) process governance, specifically around Shadow IT and Open Source management. Shadow IT is focused on detecting unauthorized software and hardware assets running in the environment and then working with asset owners to triage them. Open Source governance is focused on providing oversight of the open source software running in our environment. This role will work closely with key ITAM stakeholders and executive leaders to maintain and run the processes for Shadow IT and Open Source governance.

The ideal candidate would have a combination of 3 things:

Good understanding of IT Asset Management practices, in particular Shadow IT and Open Source Strong product ownership skills Self-motivated, clear communicator who can govern these practices, working with managed service provider to run and operate these core processes

  • Excellent communication, listening, and influencing skills
  • Flexibility to changes in work direction as projects/requirements develop with strong problem-solving skills
  • Proven product owner who is focused on delivering continuous improvements to their customers
  • Experienced IT Asset Management leader, with skills across technology asset life cycle (whether digital technology, information, financial or physical assets), best practice governance, tools and services
  • Experience with IT Asset Management tools such as Flexera or ServiceNow
  • Understand how data is tracked and managed in a CMDB
  • Experience in identifying shadow IT assets using Microsoft Defender or similar platform
  • Governance accountability to ensure shadow IT assets get detected, triaged, removed or approved
  • Experience with identifying and tracking open source libraries with a Software Composition Analysis tool (e.g. Checkmarx or CAST)
  • Governance accountability to ensure license violations or vulnerabilities identified in open source get remediated in a timely fashion
Major Duties

Product ownership of the Shadow IT and Open Source governance practices, including backlog management, delivery oversight of process improvements Lead the evaluation and implementation of process improvements, looking for opportunities for automation and minimize need for manual work Leverage managed service provider to operate the processes Collaborate with asset owners to triage asset changes / updates Manage risk of unauthorized or end of life assets Use metrics / KPIs to measure improvement and demonstrate risk reduction


Requires a college or university degree in Data Science, Computer Science, Engineering, or MIS and/or relevant proven work experience. Minimum 2-3 years' experience in IT Asset Management specifically Proven product owner skills; ideally delivering in agile leveraging Azure DevOps / Boards or equivalent to manage the work

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

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 .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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