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.
Northern Trust is looking for a professional to be involved in the Third-Party Risk governance framework in the 1st Line of Defence, with oversight and reporting to enterprise leadership on related risk and control profile, issues / incidents and any relevant emerging risks. The role involves working with Vendor Managers to ensure that Third Party Risk policies and guidelines are adhered to, and provide actionable support and guidance to the Business. The candidate will escalate any concerning trends to Senior Management, assist in review of internal and external Third-Party Risk related events and issues, ensure appropriate oversight / governance of intra-group arrangements is in place, and assist in the support of local regulatory and audit engagements pertaining to Third Party Risk.
The ideal candidate will have a strong understanding of Third-Party Risk management principles, including experience with policy development, control definition, and application of controls in the business. They should have strong knowledge of Third-Party Risk control environment, corporate risk policies and standards, and technologies relevant to responsibilities. Strong analytical skills including the use of relevant tools such as Power BI, strong collaboration and communication skills, and the ability to drive to execution are required. A College or University degree and/or relevant proven work experience is required, with 5-7 years of related experience in roles working in Third Party risk related topics. Management experience is preferred.
Salary Range: $95,600 - 162,400 USD
Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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.
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.
Senior Consultant, Third Party Risk Management • Chicago, IL, United States
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