Current jobs related to Operational Resilience Manager, Risk Management - Chicago - Northern Trust


  • Chicago, United States Northern Trust 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...


  • Chicago, Illinois, United States Northern Trust Full time

    About Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance.Job SummaryWe are seeking an experienced Operational Risk Manager to...


  • Chicago, Illinois, United States Rose International Full time

    Job Title: Operational Risk and Resiliency Portfolio ManagerJob Summary:We are seeking an experienced Operational Risk and Resiliency Portfolio Manager to join our team at Rose International. The successful candidate will be responsible for managing a portfolio of programs and projects that support the enhancement of our risk management and controls,...


  • Chicago, United States Northern Trust 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...


  • Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern TrustNorthern Trust is a globally recognized financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.Operational Resilience Manager RoleThe successful candidate will support the...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Rose International Full time

    Job Title: Operational Risk and Resiliency Portfolio ManagerWork Location: 333 S Wabash Chicago, ILWork Model: HybridAnchor Days: Tuesday - Thursday [flex]Hours: 8:30am – 5pm CSTInterview Process: 2 Rounds [1st screening, 2nd technical] 30 minutes eachKey Roles and Responsibilities:Ability to manage delivery through effective delegation,...


  • Chicago, Illinois, United States Northern Trust Full time

    About Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance.Job SummaryWe are seeking an experienced Operational Risk and...


  • Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. We are committed to providing innovative financial services and guidance to our clients, while upholding our core values of service, expertise, and integrity.Operational Resilience Manager RoleThe successful candidate will play a critical...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Northern Trust 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...


  • Chicago, Illinois, United States Federal Home Loan Bank of Chicago Full time

    About the RoleWe are seeking an experienced Operational Risk Manager to join our team at the Federal Home Loan Bank of Chicago. As a key member of our risk management team, you will be responsible for leading the execution of our Operational Risk Management Framework (ORMF) and ensuring the effective identification, assessment, measurement, reporting, and...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Northern Trust Corporation 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...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Federal Home Loan Bank of Chicago Full time

    Join the FHLBC team! At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Retirement program (401k and Pension) Medical, dental and vision insurance Lifestyle Spending...


  • Chicago, Illinois, United States Discover Financial Services, Inc. Full time

    Job DescriptionJob Summary:The Senior Manager leading the Third Party Resiliency Program is responsible for the development, management, and coordination of vendor resiliency assessments across the company. This involves managing a team that develops, implements, and maintains a comprehensive vendor resiliency program which safeguards the enterprise and...


  • Chicago, United States Northern Trust 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...


  • Chicago, United States Northern Trust 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...

Operational Resilience Manager, Risk Management

4 months ago


Chicago, United States Northern Trust 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.

As a Risk Management – Operational Resilience Risk manager in our Non-Financial Risk Management team, you will have the opportunity to collaborate globally across all business units and corporate functions. We value team players with understanding of Operational Resilience management concepts, strong technical writing and verbal communication skills. You will need strong leadership skills and a deep understanding of the global financial markets, risk standards, and risk governance frameworks and policies. As part of Risk Management, you are at the center of keeping Northern Trust strong and resilient.

The role will involve extensive process redevelopment and redesign, as well as significant stakeholder management and collaboration across locations and functions, as we look to evolve established programs to clearly support business partners in the fulfilment of their risk management obligations while also addressing the existing and imminent cross jurisdictional regulations and regulatory expectations. Therefore, it is essential to be a team player with both strong technical writing and verbal communication skills.

In addition, the Manager will advise senior management on opportunities to enhance the design and operating effectiveness of the internal control environment for Northern Trust’s risk management practices.

The key responsibilities of the role include:

  • Work with the Non-Financial Risk function and Operational Resilience stakeholders to develop and maintain policies, standards, guidelines, and procedures, including risk advisory within the Operational Resilience Management Program
  • Provide effective review and challenge of business services, value chains, interdependency mapping, and test results
  • Report on Operational Resilience risks
  • Work closely with the Front Office to assess business needs and further develop risk controls to efficiently achieve risk management goals and objectives
  • Assist in developing, design, implementation, and support risk management framework, including but not limited to: Risk governance and controls, organization structure, policies, and procedures, three lines of defense, risk measures and metrics (risk appetite and limits, monitoring and escalation)
  • Deliver large-scale risk and regulatory change and technical initiatives with a focus on Operational Resilience and related programs
  • Identify current state risk management activities and governance structure, assist with formulation of the required/desired state based on regulatory and best practices, conduct gap analysis
  • Work alongside internal groups such as Legal Entity Risk Management, Cyber Risk, Privacy, and Enterprise Risk areas as well as Business Units, Compliance, Legal, and Operations on matters related to risk assessments, risk controls, incidents, and change management projects
  • Provide support and guidance for audits and regulatory examinations
  • Recruit and onboard resources to achieve a fully sustainable target state
  • Providing strategic thought leadership in designing and operationalizing the Operational Resilience program
  • Maintains familiarization and technical expertise across the firm including organizational structure, personnel, activities and products, new product development, financial performance, and risk and problem areas
  • Monitor regulatory updates and provide team with guidance on impact of changes in regulatory environment and how to adjust corporate programs to support
  • Interacts, partners, and presents to Senior and Executive Management to understand the risks/challenges within the business, business changes, and other significant events that could significantly affect the firm or adherence to regulatory requirements and risk appetite
  • Manages and performs special projects as assigned
  • Participates in meetings with business units, Senior, and Executive Management to discuss program implementation and risk insights
  • Communicates with partners at all levels, developing and presenting recommendations on operations and controls
  • Drive and support change in the Non-Financial Risk team in line with the vision and strategy

The successful candidate will benefit from having:

  • Knowledge of operational resilience concepts, including impact tolerance, service recovery time objectives, value chain mapping, interdependency mapping, testing
  • Strong problem-solving skills (e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues)
  • Strong analytical skills (e.g., financial analysis, budgeting, strategic planning
  • Excellent technical writing skills
  • Deep understanding of project management and portfolio management techniques and methods (i.e., what good looks like), change management principles, and how to build high-performing teams
  • At-scale project management experience across a portfolio of initiatives (e.g., defining objectives and success metrics, developing execution plans, identifying and managing dependencies, anticipating and resolving roadblocks, ensuring that the project teams stay on track, proactively managing dependencies and making purposeful trade-offs)
  • Experience in leading diverse, cross-functional teams to come up with the best solution, including coaching and building capabilities for high-quality execution
  • Ability to move people to act (e.g., convening, structuring, owning the agenda, and facilitating meetings and workshops to lead groups to agreement and commitment to execute)
  • Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives, and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams)
  • Ability to communicate effectively verbally and in writing with all audiences, including senior leaders, in a structured manner, including on high-sensitivity topics (e.g., organizational structure, funding)
  • Ability to develop hypotheses and make quick decisions in a fail-fast supportive environment that fosters and encourages a continuous improvement mindset and execution

Expertise Required

  • Bachelor's Degree or commensurate related job experience
  • 7+ years of experience in Auditing, Accounting, Internal Control and/or Risk Management
  • Strong business writing skills
  • Demonstrated ability to collaborate cross-functions to achieve measurable results
  • Strong organizational skills
  • Ability to manage and prioritize multiple requests at the same time
  • Proficiency in Microsoft Word, Excel, and PowerPoint
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.

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.

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.

For further information, and to apply, please visit our website via the “Apply” button below.