Third Party Management Lead

About Northern Trust:

Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Third Party Management Program Lead

This individual will be responsible for leading lifecycle activities within the ThirdParty Management Office (TPMO). The Program Support will be responsible for assisting with designing implementing executing and ensuring sustainability for certain program lifecycle areas.

This role will interact with business units globally to assist with implementation of processes while overseeing sustainability. The role will involve working with ongoing program evolution and design as well as overseeing collaboration across locations and across business units / functions as we look to evolve established programs to ensure risk management obligations.

Key Responsibilities:

• Responsible for assisting with designing certain enterprisewide thirdparty risk management processes and managing through sustainability and maturity

• Responsible for designing and periodically reviewing program related artifacts risk methodologies service categories and associated risk profile reporting thresholds etc.

• Generation and enhancements of program documentation including development periodic review version control and organized storage for various program documents such as ThirdParty Management Practice Standard training materials desk procedures etc.

• Monitor regulatory updates that correspond to the assigned area being designed and provide team with guidance on impact of changes in regulatory environment and how to adjust enterprisewide program to support

• Responsible for managing designing and enhancing program activities and mature the program including serving as the TPM Program Subject Matter Expert for technology enablement

Success candidates will benefit from having:

• Excellent verbal and written communication skills

• Functional/Industry knowledge is required

• Knowledge of concentration risk frameworks and/or legal entity operational resiliency requirements

• Analytical and communication skills are required to analyze information and disseminate information

• Leadership and organizational skills to direct the activities for the multiple business units

• Ability to foster positive and proactive approach to process assessment and improvement and to identify trends and improve processes for both the customer and the business

• Strong organization attention to detail time management planning skills and the ability to handle multiple competing priorities

• Strong organizational skills a collaborative approach to work with strong interpersonal skills

• Demonstrates strong analytical skills with the ability to generate complex reports

• Highly flexible and adaptable to change in a high demand environment

• Proficiency in Microsoft Word Excel PowerPoint as well as data analytic tools including PowerBI

Qualifications:

• Bachelors degree and approximately 510 years of related work experience with clear understanding of and experience in financial services / internal audit / risk consulting preferred

• An undergraduate or graduate degree in Accounting Finance or Risk and/or another appropriate academic major is highly preferred

• A thorough understanding of thirdparty (i.e. vendor supplier etc. risk management with prior experience in designing program solutions risk scoring and aggregation methodologies and designing committee reporting

• Understanding of global risk regulatory requirements with emphasis on US (OCC Bulletins FFIEC FRB FDIC) or UK (PRA FCA)

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Salary Range:

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 wellbeing 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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply 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 .

We hope youre 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.