Consultant, Vendor Management - Operational Resiliency at Northern Trust in Tempe, Arizona

Job Description:

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.

Works in the Operational Resiliency Vendor Management Oversite team. This role interacts closely with stakeholders across the organization to ensure that Third Party risks are appropriately managed, and that Corporate Risk Policy and supporting guidelines are embedded and adhered to. Uses expertise to provide guidance to others as a project manager or consultant. Requires working knowledge and experience in in Third Party Risk Management, Northern Trust processes, and services.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

The key responsibility of the role include;

• Assists in the Third-Party Risk governance framework in the 1LOD, with oversight and reporting to Asset Servicing and COO Leadership on related risk and control profile, issues / incidents, and any relevant emerging risks.


• Supports Vendor Managers to ensure that Third Party Risk policies and guidelines are adhered to and provide actionable support and guidance to the Business.


• Escalates any concerning trends to Senior team members and / or Management. This may include (but not limited to) oversight and monitoring of emerging risks, weaknesses in controls and material change programs, deterioration in service / performance standards, and provide guidance on mitigating actions.


• Assists in first level review of internal and external Third-Party Risk related events and issues, to ensure that the root cause is adequately identified, and remediation actions are fit for purpose.


• Assist in the support of local regulatory and audit engagements pertaining to Third Party Risk; this includes supporting remediation activities.


• Assist in Third Party Risk awareness and risk management culture to ensure that the material risks are both evident and effectively managed.


• Solves problems in straightforward situations.


• Analyzes possible solutions using technical experience and judgment and precedents.


• Impacts quality of own work and the work of others on the team


• Works within guidelines and policies


• #LI-GG1


• #LI-Hybrid

Skills/Experience

The successful candidate will benefit from having:

• Understanding of Third-Party Risk management principles, including experience with policy development, control definition, and application of controls in the business


• Knowledge of Third-Party Risk control environment


• Knowledge of corporate risk policies and standards on Third-Party


• Accustomed to data analytics tools and reporting including PowerBI.


• Understands key business drivers; uses this understanding to accomplish own work.


• Explains complex information to others in straightforward language.


• Related experience in roles working with Third Parties

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.