Head of Enterprise Risk Management

4 weeks ago


Chicago, Illinois, United States Northern Trust Corporation Full time

About Northern Trust:

Northern Trust is a leading 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.

The Head of Enterprise Risk Management plays a critical role in embedding and sustaining our enterprise risk management framework across the organization. Reporting to the Chief Risk Officer, this individual will work closely with control teams and leadership to drive continuous improvement and sustainability of our risk management lifecycle standards.

Key responsibilities include:

  • Developing and maintaining the Enterprise Risk Management Policy and associated risk management lifecycle standards
  • Leading the central policy and committee teams
  • Maintaining risk taxonomy and rating scales
  • Establishing agendas for the Global Enterprise Risk Committee and Business Risk Committee of the Board
  • Conducting an independent effectiveness review of enterprise risk management across the 1st and 2nd lines

The ideal candidate will have a proven track record of leading enterprise risk management functions, robust knowledge of risk management lifecycle processes, and the ability to collaborate with cross-functional senior stakeholders.

Key Qualifications:

  • 20+ years of direct risk management framework experience
  • Proven experience overseeing the enterprise risk management framework at a large-scale financial services organization
  • Experience with financial and non-financial risk management and associated regulatory rules
  • Strong communication skills and ability to influence cross-functional stakeholders

Working with Us:

Northern Trust is committed to creating a workplace where financial strength and stability empower us to explore new ideas. We value flexibility, collaboration, and accessibility, and we're dedicated to assisting the communities we serve.

Join a workplace with a greater purpose and build your career with us. Apply today and let's achieve greater together.



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