Enterprise Risk Management Strategist

9 hours ago


Chicago, Illinois, United States Northern Trust Corporation Full time

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized financial institution with over 130 years of experience.

We provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our principles of service, expertise, and integrity.

The Head of Enterprise Risk Management is responsible for embedding and sustaining the organization's enterprise risk management framework across the lines of defense globally.

This role is part of the second line, reporting to the Chief Risk Officer, and working closely with the first line control teams and second line leadership.

The key responsibilities include continuous improvement and sustainability of the Enterprise Risk Management Policy and associated risk management lifecycle standards.

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

Key Responsibilities:

  • Sustain and embed the overall Enterprise Risk Management Policy and supporting standards across the lines of defense.
  • Lead the organization's regular refresh of Risk Appetite Policy, statement, metrics, and thresholds.
  • Drive the production and presentation of aggregate risk profile reporting up through the Global Enterprise Risk Committee and Business Risk Committee of the Board.
  • Perform the independent effectiveness review of enterprise risk management across the lines of defense, including a forward-looking resource assessment.

Requirements:

  • 20+ years of direct risk management framework experience.
  • Proven experience overseeing the enterprise risk management framework at a large-scale financial services organization.
  • Strong communication skills, including verbal and written with all audiences.
  • Ability to establish trust-based relationships with stakeholders across the enterprise.

About Northern Trust Corporation:

At Northern Trust, we are committed to working with and providing reasonable accommodations to individuals with disabilities.

We value an inclusive workplace and understand flexibility means different things to different people.



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