Risk Management Policy and Governance Manager

1 month 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 - Non-Financial Risk Policy Governance manager in our Non-Financial Risk Management team, you will have the opportunity to collaborate across our global Business Units including Risk, Technology, Operations, Legal and Compliance. We value excellent team players with strong technical writing skills and verbal communication. 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 an excellent team player with both strong technical writing skills and excellent verbal communication.

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 may include:

* Work with the Non-Financial Risk function to develop and maintain policies, standards, guidelines, and procedures, including risk advisory within the Non-Financial Risk Management Program
* 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
* 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 Non-Financial Risk Programs
* 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:

* 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
* Detail oriented with strong analytical skills
* Proficiency in Microsoft Word, Excel, and PowerPoint

#LI-LK2, #LI-Hybrid

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 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.



  • 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...

  • Compliance Governance

    2 weeks 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...

  • Compliance Governance

    3 weeks ago


    Chicago, United States Northern Trust Corp. 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 TransUnion Risk and Alternative Data Solutions Full time

    TransUnion's Job Applicant Privacy NoticePersonal Information We CollectYour Privacy ChoicesWhat We'll Bring:TransUnion is a global information and insights company which provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people in more than 30 countries. We call this Information...


  • Chicago, United States TransUnion Risk and Alternative Data Solutions Full time

    TransUnion's Job Applicant Privacy Notice Personal Information We Collect Your Privacy Choices What We'll Bring: TransUnion is a global information and insights company which provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people in more than 30 countries. We call this...


  • Chicago, Illinois, 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, United States ServiceNow Full time

    **Company Description** At ServiceNow, our technology makes the world work for everyone, and our people make it possible. We move fast because the world can’t wait, and we innovate in ways no one else can for our customers and communities. By joining ServiceNow, you are part of an ambitious team of change makers who have a restless curiosity and a drive...


  • 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 GoHealth Full time

    GoHealth Intro: As a leading health insurance marketplace, Go Health's mission is to improve access to healthcare in America. For customers, enrolling in a health insurance plan is confusing and difficult, and seemingly small differences between plans can lead to significant out-of-pocket costs or lack of access to critical medicines and even providers. We...

  • Governance, Risk

    1 month ago


    Chicago, United States Harrison Gray Search and Consulting LLC Full time

    Harrison Gray Search has partnered with a unique investment management firm to find the next member of their Governance, Risk, and Compliance team in Chicago. The Governance, Risk & Compliance Analyst is responsible for identifying and mitigating risks across the department. These risks may include operational, regulatory, and compliance risks. The...


  • Chicago, United States ShipBob Inc Full time

    Manager, Technology Governance, Risk and Compliance As a member of the ShipBob Team, you will benefit from an environment where everything is achievable. We aim to be a place where you can: Write Your Career Story . Because we are solving some of the most difficult problems in global commerce, you have the opportunity to write the story that will make your...


  • Chicago, United States McDonald's Corporation Full time

    Job DescriptionMcDonald’s is seeking a Cybersecurity Governance Manager to support our cybersecurity team as we protect our global brand. You will collaborate closely with cybersecurity experts, Global Technology teams, suppliers, and business leaders to assess technology risk across McDonald’s. In addition, the Manager will help in driving the...


  • Chicago, United States Huntington Bancshares, Inc. Full time

    Description Summary: The Capital Risk Manager, part of the capital risk governance function, will execute the independent review and challenges of the capital management activities, including capital interpretation, spot capital calculation methodology, capital risk evaluation and limit monitoring and escalation in line with the capital policies and within...


  • Chicago, United States Chicago Mercantile Exchange Inc. Full time

    Description The Manager of Risk Management will be responsible for identifying, evaluating, measuring, and monitoring key risks related to derivatives and cash securities clearing. The Manager will assist in developing and updating risk management policies, procedures, and methodologies related to market, collateral, and liquidity risk. The manager will...


  • Chicago, Illinois, United States The University of Chicago Full time

    Governance, Risk, and Compliance LeadlocationsChicago, ILtime typeFull timejob requisition idJR25905DepartmentProvost GlobusAbout the DepartmentGlobus ) is a sustainable, non-profit unit within The University of Chicago delivering solutions to the research community worldwide. Globus develops and provides critical services that support scientific research...


  • Chicago, United States The University of Chicago Full time

    Governance, Risk, and Compliance LeadlocationsChicago, ILtime typeFull timejob requisition idJR25905Department Provost Globus About the Department Globus (www.globus.org) is a sustainable, non-profit unit within The University of Chicago delivering solutions to the research community worldwide. Globus develops and provides critical services that support...


  • Chicago, Illinois, United States McDonald's Global Technology Full time

    Job DescriptionCompany Description:McDonald's new growth strategy, Accelerating the Arches, encompasses all aspects of our business as the leading global omni-channel restaurant brand. As the consumer landscape shifts we are using our competitive advantages to further strengthen our brand. One of our core growth strategies is to Double Down on the 3Ds...