Strategic Remediation Oversight and Operational Risk Management Specialist

4 weeks ago


Chicago, Illinois, United States Northern Trust Full time
About Northern Trust:

Northern 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. Our commitment to service, expertise, and integrity has enabled us to build a reputation as a trusted partner in the financial industry.

We are seeking a seasoned professional with extensive business experience and multi-disciplinary functional expertise to join our team. This role reports to the Head of Strategic Remediation Oversight, Non-Financial Risk, and involves collaborating across the organization to drive strategic remediation efforts for operational risk issues.

Key Responsibilities:
  • Provide effective review and challenge of critical Regulatory/Audit remediation initiatives across NTC, including responses, remediation plans, remediation programs, and regional and global key deliverables.
  • Identify and escalate gaps in NTC's responses and remediation initiatives.
  • Work cross-functionally with other staff to provide guidance to business and corporate functions in responding to regulatory or audit inquiries, responses, and remediation plans focused on operational risk.
  • Work closely with the Head of Strategic Remediation Oversight, Non-Financial Risk to ensure the support provided is robust and aligned with the remediation activities undertaken.
  • Maintain familiarity with and technical expertise in business unit(s) organizational structure.
  • Stay current on non-financial risk regulatory rules and changes within the industry.
  • Leverage a strong peer network and tap the industry to identify leading practices.
Requirements:

Required Skills / Experience:
  • A college or university degree.
  • 7-10 years' experience in financial services, with experience in a financial institution or similar consulting experience in the financial services industry, specifically in operations or a non-financial risk area.
  • Strong organization, attention to detail, time management, planning skills, and the ability to handle multiple competing priorities.
Required Competencies:
  • Excellent interpersonal skills, displaying the ability to engage diverse sets of stakeholders, understand their viewpoints, build long-term relationships, create a collaborative and inspirational environment within the team.
  • Ability to manage through substantial issues.
  • Ability to lead without authority as needed.
  • Confidence and expertise to advise management.
Working with Us:

As a Northern Trust partner, 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. We encourage movement within the organization, and our senior leaders are accessible. You can take pride in working for a company committed to assisting the communities we serve. 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.

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