Master Data Management Manager Jobs in Illinois (NOW HIRING)

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role Summary: Lead enterprise-wide Master Data Management (MDM) initiatives across client, product, third-party, and account domains, ensuring high-quality, integrated master data to support our data governance and digital transformation goals.

Responsibilities:

• Own and lead assigned Master Data subdomains (e.g., Client, Product, Reference Data), ensuring data integrity, consistency, and alignment with enterprise standards
• Drive end-to-end data quality initiatives, from profiling and issue identification through root cause analysis, remediation design, and execution
• Perform deep-dive data analysis and profiling to identify patterns, anomalies, and opportunities for improving data accuracy and completeness
• Define and implement data quality rules, controls, and monitoring frameworks to proactively manage data issues
• Partner with business and technology stakeholders to resolve data issues at source, influencing process and system changes for sustainable improvement
• Lead data governance and stewardship activities, including management of critical data elements (CDEs), metadata, lineage, and business rules
• Collaborate with technology and architecture teams on data ingestion, integration, and MDM enhancements, ensuring alignment to the target operating model
• Drive continuous improvement initiatives across master data processes, including automation, standardization, and optimization of data flows
• Support delivery of regulatory, operational, and analytical data requirements, ensuring trusted data is available for downstream consumption
• Act as a subject matter expert (SME) for assigned domains, guiding junior analysts and contributing to best practices across the MDM organization

Qualifications & Skills

• Advanced SQL skills with the ability to query, join, reconcile, and analyze large datasets across multiple systems
• Strong experience in data profiling and identifying data patterns, anomalies, and quality issues
• Proven capability in data quality management including rule definition, defect analysis, and remediation tracking
• Solid understanding of Master Data Management (MDM) concepts (match/merge, survivorship, golden record, stewardship)
• Experience with data governance practices, including metadata, lineage, and critical data element (CDE) management
• Demonstrated ability to perform root cause analysis and drive resolution of data issues at source
• Strong analytical thinking and problem-solving skills with high attention to detail
• Excellent communication skills with the ability to present insights and work effectively with business and technology stakeholders
• Bachelor's degree in Computer Science, Information Systems, Data Analytics, or related field

Preferred Experience:

• Experience with data governance / data quality tools (e.g., Collibra or similar)
• Exposure to financial services, regulatory, or client, account, product, reference data domains
• Experience with Python or BI tools (Power BI, Tableau) for advanced analysis and reporting

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. 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).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.