Senior Consultant of Risk Policy Governance
1 week ago
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 – Non-Financial Risk Governance Senior Consultant in our Non-Financial Risk Management team, you will support the successful implementation of the Corporate Non-Financial Risk Management Governance agenda. We value excellent team players with strong technical writing skills and verbal communication. You will need strong analytical skills, with ability to articulate and summarize findings to a broad audience. As part of Risk Management, you are at the center of keeping Northern Trust strong and resilient.
In this role you will support the implementation and governance of organization wide risk management policies and standards. In addition, you will be responsible for 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.
The key responsibilities of the role may include:
- Risk function to develop and maintain policies, standards, guidelines, and procedures, including risk advisory within the Non-Financial Risk Management Program
- 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)
- 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
- Monitor regulatory updates and provide team with guidance on impact of changes in regulatory environment and how to adjust corporate programs to support
- Interacts with partners and presents to business unit and corporate function stakeholders 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
- Escalate and communicate project issues and risks and agree path forward for resolution
- Development and maintenance of project information, including progress, status, and risks, in Microsoft Project or similar tracking tool
- Engaging with partners from across Non- Financial Risk and the organization to ensure the timely delivery of governance deliverables
- Establish and develop strong working relationships with key stakeholders
- Maintains confidentiality of correspondence records, presentations and reports in a central repository system
The successful candidate will benefit from having:
- 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
- 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)
- Bachelor's Degree or commensurate related job experience
- 5+ years of experience in a similar role
- Demonstrated ability to collaborate cross-functions to achieve measurable results
- Strong organizational skills
- Ability to manage and prioritize multiple requests at the same time
- Detail oriented with strong analytical skills
- 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.
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