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Form of work 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.
Summary
Responsible for assisting in the implementation and maintenance of the enterprise Risk Management Framework (RMF). Operates independently with general supervision; has strong conceptual and technical knowledge of enterprise Risk Management principles, methodologies, related global regulatory requirements, the established RMF and associated Standards and processes. Acts in a risk consulting, program coordination and RMF compliance oversight role. Provides consultation and advice and technical support to partners globally regarding RMF requirements and embedding in Risk Management policies/processes and approaches. Administers enterprise driven risk identification and reporting processes and associated end-user owned tools enabling these processes. Assists in determining priorities for ongoing evolution of the RMF and end-user owned tools.
Responsible for assisting in the implementation and maintenance of the enterprise Risk Management Framework (RMF). Operates independently with general supervision; has strong conceptual and technical knowledge of enterprise Risk Management principles, methodologies, related global regulatory requirements, the established RMF and associated Standards and processes. Acts in a risk consulting, program coordination and RMF compliance oversight role. Provides consultation and advice and technical support to partners globally regarding RMF requirements and embedding in Risk Management policies/processes and approaches. Administers enterprise driven risk identification and reporting processes and associated end-user owned tools enabling these processes. Assists in determining priorities for ongoing evolution of the RMF and end-user owned tools.
Major Duties
- Perform RMF embedding coordination and oversight from an administration and technical perspective with limited, general supervision in accordance with RMF requirements
- Respond to frequent questions, queries and requests regarding the RMF and RMF Team administered processes
- Administer the enterprise Risk Inventory and coordinate the periodic update and approval process
- Administer the quarterly Enterprise Risk Profile reporting process including maintaining reporting calendar, supporting partners in resolving RMF / reporting questions and technical issues with supporting tools, and ensuring timely completion and certification by reports by their owners ahead of reporting deadlines
- Maintain written guidance on the appropriate execution of Risk Inventory and Enterprise Risk Profile reporting processes in procedures and other documents, such as communication templates, supplemental practice guidelines and training materials.
- Administer routine system maintenance processes for end user tools supporting the Risk Inventory and Enterprise Risk Profile reporting processes
- Assist in defining requirements, overseeing periodic development and executing user acceptance testing and deployment for Risk Inventory and reporting system development enhancements
- Assist in maintaining processes to identify RMF compliance issues and general themes for ongoing evolution and sustainability of the RMF
- Assist in periodic review and timely update and approval of RMF governing documents and supporting Standards
- Support overall training effort to promote understanding of Risk Management fundamentals and the RMF throughout the company
- Perform other activities or ad hoc requests as needed
Knowledge/Skills
- Strong conceptual and technical knowledge of Risk Management principles, methodologies and Northern Trust’s business
- Demonstrated ability to quickly grasp business context, explain complex or sensitive issues and problem solve
- Strong written and verbal communication, cross functional coordination and consensus building skills
- Proven process management and process improvement skills
- Strong attention to detail and ability to design, optimize, prioritize and oversee execution of system development efforts
Experience Required
- Must possess a Bachelor’s/College Degree in Finance, Accounting, Economics, Business Studies or related field of study
- Five to seven years of experience in finance, Risk Management, compliance, audit or related fields in the financial services industry
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 committed to assisting the communities we serve! Join a workplace with a greater purpose.
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! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
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.
