Software Asset Management Specialist

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.Software Asset Management (SAM) is responsible for managing the software assets and license positions of Northern Trust that support business strategic goals.The Software Asset Management Lead participates in the lifecycle of software entitlements management including active license tracking, financial baseline and forecasting of software products across multiple software publishers of various sizes and investments. The role will utilize a combination of products and tools including the initial software entitlements for a portfolio of vendors utilizing Flexera for entitlements mapping/utilization as well as engaging with a managed service partner.Key Responsibilities:Engage with Entitlements Analysts to understand stakeholder software demand.Understand existing entitlements and cost for portfolio of products across multiple software publishers.Determine growth or decline projections based on engagement with software product owners/stakeholders.Track and report on current and future volumes/obligations for designated portfolio of software products.Establish regular cadence (monthly/quarterly) to provide reporting to management and stakeholders.Engage with Entitlements Analysts to develop/improve the processes for software lifecycle and demand management.Participate in the creation and continuous improvement of systematic controls for software demand management.Ensure business adapters are operational and monitor data integrity and quality.Develop metrics and create ad-hoc reporting as needed.Other Duties Include:Planning work in conjunction with IT and business priorities.Engaging with C-level executives for position reporting, issue resolution, status, and strategy.Liaising with partners and peers throughout the organization.Ensuring issues are identified, tracked, reported on, and resolved in a timely manner.Rapidly and effectively adapting to a highly dynamic and fast-paced work environment.Participating in special projects as needed and performing other duties as assigned.Fostering a positive and collaborative environment.Minimum Qualifications:3+ years of IT Asset Management (ITAM) experience, including Software Asset Management (SAM).Prior experience using Flexera suite of ITAM tools.Technology Business Analysis.Financial acumen to determine and represent adequate forecasting and accruals for software entitlements.Excellent communication skills, verbal, written, and presentational.Ability to work with end users in a time-sensitive environment.Self-starter, able to think ahead of entitlements related nuances.Highly flexible and adaptable to change.Strong team/relationship building skills.Software demand and lifecycle management for commercial software products.Experience in Procurement and/or Finance organizations partnering with Technology and business software product owners/stakeholders is a plus.Experience:A College or University degree and/or relevant demonstrated work experience.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. #MadeForGreaterReasonable 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 .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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