Current jobs related to Head of Enterprise Risk Management - Chicago - Northern Trust Corp.

  • Head of Enterprise Risk Management

    4 months ago

    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...

  • Head of Enterprise Risk Management and Scenario Planning

    2 weeks ago

    Chicago, Illinois, United States Bank of Montreal Full time

    Job SummaryWe are seeking a seasoned professional to lead our Enterprise Risk Management and Scenario Planning efforts. As the Head of Enterprise Risk Management and Scenario Planning, you will be responsible for identifying, assessing, and mitigating risks that could impact our business objectives.Key ResponsibilitiesStrategic Risk Insights: Provide...

  • Head of Enterprise Risk Governance

    4 days ago

    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. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial solutions.Job SummaryWe are seeking an experienced professional to fill the role of Head of...

  • Associate, Enterprise Risk Management

    4 weeks ago

    Chicago, United States Invenergy LLC Full time

    Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.Job...

  • Senior Analyst in Enterprise Risk Management

    4 weeks ago

    Chicago, Illinois, United States Vantage Risk Companies Full time

    Position Overview:The Senior Analyst in Enterprise Risk Management will be instrumental in enhancing risk reporting and advancing the ERM function within Vantage Risk Companies.Key Responsibilities:1. **Data Collection and Reporting:** - Gather and monitor essential aggregation risk metrics across various risk portfolios and products. - Present findings...

  • Head of Risk Identification and Emerging Events

    3 weeks ago

    Chicago, United States Bank of Montreal Full time

    Head of Risk Identification and Emerging Events & ScenariosLocation: Chicago, IL, USATime Type: Full timePosted on: Posted YesterdayApplication Deadline: 09/29/2024Address: 320 S Canal StreetJob Family Group: Audit, Risk & ComplianceThe role of Head of Risk Identification and Emerging Events & Scenarios is crucial for effective risk management. This is led...

  • Head of Risk Management and Emerging Events

    2 weeks ago

    Chicago, Illinois, United States BMO US Full time

    Job SummaryBMO US is seeking a highly skilled and experienced professional to fill the role of Head of Risk Management and Emerging Events. This position is responsible for leading the development and implementation of risk management strategies and emerging events scenarios to ensure the organization's objectives are met.Key ResponsibilitiesStrategic...

  • Head of Risk Management

    4 weeks ago

    Chicago, Illinois, United States Live Nation Entertainment Full time

    Overview:As the Head of Risk Management, you will play a pivotal role in steering the renewal process for all casualty and property insurance programs. Your expertise will ensure that the collection of underwriting data is both thorough and precise, safeguarding the integrity of our risk management practices.Key Responsibilities:1. Lead the renewal...

  • Compliance and Operational Risk Manager- Enterprise Architecture

    3 days ago

    Chicago, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for...

  • Summer Internship

    2 weeks ago

    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...

  • Enterprise Risk Management Director

    1 week ago

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

    Job Title: Senior Manager Enterprise Risk ManagementDiscover Financial Services, Inc. is seeking a highly skilled Senior Manager Enterprise Risk Management to join our team. As a key member of our risk management function, you will play a critical role in identifying, assessing, and mitigating risks that could impact our business.Key...

  • Summer Internship

    2 weeks ago

    Chicago, United States The 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 Account*...

  • Head of Risk Management

    2 weeks ago

    Chicago, Illinois, United States The Equus Group Full time

    Job OverviewThe Equus Group is seeking a highly skilled Head of Risk Management to lead the firm's risk management strategy. This individual will oversee all aspects of risk across the firm's real estate investments and operational areas, with particular emphasis on market, credit, operational, insurance, and cybersecurity risks.Key ResponsibilitiesDevelop...

  • Head of Risk Management

    3 weeks ago

    Chicago, United States The Equus Group Full time

    Job Overview: Our client is a prominent real estate investment management firm, seeking a highly skilled Head of Risk Management to lead the firm’s risk management strategy. The successful candidate will oversee all aspects of risk across the firm's real estate investments and operational areas, with particular emphasis on market, credit, operational,...

  • Head of Risk Management

    3 weeks ago

    Chicago, United States The Equus Group Full time

    Job Overview:Our client is a prominent real estate investment management firm, seeking a highly skilled Head of Risk Management to lead the firm’s risk management strategy. The successful candidate will oversee all aspects of risk across the firm's real estate investments and operational areas, with particular emphasis on market, credit, operational,...

  • Head of Risk Management

    3 weeks ago

    Chicago, United States The Equus Group Full time

    Job Overview:Our client is a prominent real estate investment management firm, seeking a highly skilled Head of Risk Management to lead the firm’s risk management strategy. The successful candidate will oversee all aspects of risk across the firm's real estate investments and operational areas, with particular emphasis on market, credit, operational,...

  • Head of Risk Management and Emerging Events

    7 days ago

    Chicago, Illinois, United States BMO US Full time

    Job Title: Head of Risk Identification and Emerging EventsBMO US is seeking a highly skilled and experienced professional to fill the role of Head of Risk Identification and Emerging Events. This position is responsible for leading the development and implementation of risk management strategies and frameworks to identify and mitigate potential risks that...

  • Senior Manager Enterprise Risk Management

    1 week ago

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

    With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an...

  • Head of Insurance and Risk Management

    3 weeks ago

    Chicago, Illinois, United States Archer-Daniels-Midland Company - ADM Full time

    Position OverviewThe Head of Insurance and Risk Management will report directly to the Deputy General Counsel of ADM and collaborate closely with the Treasury team. This role is pivotal in overseeing ADM's comprehensive corporate insurance strategy.Key ResponsibilitiesManage and administer all corporate insurance policies.Lead the annual risk assessment...

  • Head of Risk Management and Emerging Events

    6 days ago

    Chicago, Illinois, United States BMO US Full time

    Job Title: Head of Risk Management and Emerging EventsBMO US is seeking a highly skilled and experienced professional to fill the role of Head of Risk Management and Emerging Events. This position is responsible for leading the development and implementation of risk management strategies and emerging events frameworks across the organization.Key...

Head of Enterprise Risk Management

4 months 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 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.

The Head of Enterprise Risk Management is responsible for embedding and sustaining the organization’s enterprise risk management framework across the 1st and 2nd lines of defense globally. This role is part of the 2nd line, reporting to the Chief Risk Officer, and working closely with the 1st line control teams and 2nd line leadership. Key responsibilities include continuous improvement and sustainability of the Enterprise Risk Management Policy and associated risk management lifecycle standards (risk identification, assessment, measurement, treatment, monitoring and reporting); leading the central policy and committee teams; maintaining taxonomy and rating scales; and establishing agendas for the Global Enterprise Risk Committee and Business Risk Committee of the Board. In addition, the Head of Enterprise Risk Management is responsible for an independent effectiveness review of enterprise risk management across the 1st and 2nd lines, including a forward-looking resource assessment, that will be reported annually through the Global Enterprise Risk Committee and Business Risk Committee of the Board.

Major Duties
- Sustain and embed the overall Enterprise Risk Management Policy and supporting standards (risk identification, assessment, measurement, treatment, monitoring and reporting) across the lines of defense and in alignment with the organization’s risk appetite and strategic objectives
- Sustain and embed risk management lifecycle standards to support risk identification, assessment, measurement, treatment, monitoring and reporting across the lines of defense, as well as business units and global legal entities
- Maintain risk taxonomy inclusive of the development of a process, risk and control inventory and associated business requirements for technology underpinning the risk management framework
- Lead the organization’s regular refresh of Risk Appetite Policy, statement, metrics, and thresholds across the corporation and coordinating, as appropriate, at the business unit and legal entity level
- Drive the production and presentation of aggregate risk profile reporting up through the Global Enterprise Risk Committee and Business Risk Committee of the Board
- Lead and develop a team of risk management professionals, including oversight of the central teams responsible for policy and committee governance
- Perform the independent effectiveness review of enterprise risk management across the 1st and 2nd lines, including a forward-looking resource assessment, that will be reported annually through the Global Enterprise Risk Committee and Business Risk Committee of the Board
- Establish agendas for the Global Enterprise Risk Committee and Business Risk Committee of the Board, covering regular risk profile reporting as well as timely escalations
- Keep abreast of industry trends, regulatory changes, and emerging risks to proactively identify potential threats and opportunities and evolve the risk management framework to align with changing business and regulatory practices

Knowledge/Skills & Experience Required:

- 20+ years of direct risk management framework experience preferred
- Proven experience overseeing the enterprise risk management framework at a large-scale financial services organization, preferably a GSIB
- Experience with financial and non-financial risk management and associated regulatory rules
- Proven capability in high-quality execution, including independent execution as well as influencing cross-functional stakeholders to act
- Strong communication skills, including verbal and written with all audiences, including senior leaders, in a structured manner, including on high-sensitivity topics
- Proven experience managing delivery of critical changes in complex environment
- Ability to establish trust-based relationships with stakeholders across enterprise, including experience effectively reviewing and challenging and raising awareness of key stakeholders
- BS/CA diploma in management or finance; An MBA or similar advanced degree is preferred

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