Senior Consultant, Oversight, Operational Resiliency at Northern Trust in Chicago, Illinois

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.

Job Title: Senior Consultant, Oversight, Operational Resiliency

Job Description Summary:

This role is responsible for supporting the Wealth Management (WM) business unit in a coordinated effort with Enterprise Risk to strengthen, coordinate, and execute Operational Resiliency including but not limited to Risk & Control Self-Assessments (RCSA), Business Continuity, and Vendor Oversight. This individual will support the team manager and wider business in support of the delivery of key projects, will provide guidance to others as necessary, solve complex issues, and work independently.

Responsibilities:

WM Operational Resiliency Program Implementation

• Execute operational processes, template reviews, and key metrics as directed by the OR and Vendor Oversight Lead


• Perform recurring Resiliency Assessments on a regular basis


• Effectively communicate and develop strong relationships with key stakeholders, risk program owners, and subject matter experts to help ensure a solid understanding of & compliance with program requirements

Resilience and Continuity

• Work closely with the business partners, risk, and compliance to ensure that WM is compliant with the regulatory expectations and policies, including maintaining dialogue with key partners and suppliers to allow the business to assess ongoing risks to supply/system outages and make alternative plans in a timely fashion if required


• Participate on teams to develop and execute strategies that increase savings & efficiency, gain productivity where possible, and reduce risk

Risk Management & Compliance

• Maintain a close working relationship with process owners to help reduce risk; support regular performance management discussions for key areas to ensure that any issues are surfaced and can be mitigated before they become a problem


• Support escalation processes for incident reporting and other key risks and support resolving incidents and challenges


• Support periodic compliance assessments to mitigate risk associated with legislation or company standards


• Support other Enterprise Risk projects, programs, and initiatives (e.g. End-User Computing) as appropriate to maintain a strong control environment within the BU and to help ensure compliance with program or regulatory requirements

Knowledge & Skills

• Strong analytical skills, attention to detail, and a critical thinker


• Excellent oral and written communication skills


• Strong presentation skills (e.g. confident and comfortable presenting to others)


• Self-starter, with ability to work efficiently both independently and as part of a team


• Highly proficient in Excel, PowerPoint, and other business analytics tools


• Highly flexible and adaptable to change

Requirements

• A Bachelor's degree in Finance, Risk, and/or other relevant field is highly preferred


• 5 + years of experience in a Risk, Resiliency, Third Party Management, Audit, or other relevant field


• Wealth Management experience a plus

Salary Range:
$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. 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.

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.