Specialist - Resolution Planning 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.

The Resolution Planning Team is seeking an experienced candidate to lead the resolution planning assessment and submission process. This position reports to the SVP of Capital Adequacy and will be tasked with providing comprehensive and strategic guidance of the process as well as working with more junior members of the team.

Major Duties:

• Lead the design and strategy of chapter content for the Corporation's and Bank's Resolution Plans by partnering with subject matter experts in multiple functions, business units, and jurisdictions.


• Manage Resolution Plan deliverables for Northern Trust submissions, including project managing workstreams and performing qualitative/quantitative analyses, as needed.


• Lead efforts to maintain the Resolution Plan and the process for updating it periodically as required by regulation, based upon material changes in the company structure, risk profile, scope, and/or business mix .


• Serve as the subject matter expert with regards to regulatory expectations in Resolution Planning.


• Carry out complex initiatives involving multiple disciplines and/or ambiguous issues.


• Display a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness, and productivity.

Knowledge:

• Excellent oral and written communication skills are required to present relevant information to senior management.


• In-dept knowledge of Resolution Planning or related work experience is required.


• Highly flexible and adaptable to change


• Technical skills / systems knowledge (e.g. Excel, Word and PowerPoint) is required


• Analytical and problem-solving skills are required

Experience:

A College or University degree is required, and 10+ years relevant work experience in a financial services regulated industry is required.

An advance degree in Accounting, Finance, Economics, and/or related industry qualification (e.g. CFA) is preferred.

#LI-Hybrid

Salary Range:
$114,700 - 194,900 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.