drjobs Data Risk Specialist

Data Risk Specialist

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 95600 - 162400

Vacancy

1 Vacancy

Job Description

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.

Summary

The Enterprise Data & Analytics (EDA) team is looking to hire an Enterprise Data Risk Associate Specialist. The successful candidate will be responsible for providing thorough accurate and wellwritten responses to regulatory inquiries and internal audit requests pertaining to data and technology. This role will involve collaborating with various teams across the enterprise to gather relevant information ensure datarelated requests are met appropriately and demonstrate successful implementations and remediations. The successful candidate will also have a strong background in both Risk Management and Data & Analytics as well as a talent for storytelling narrativebuilding and writing in general.

Major Duties

Oversee and document the progress and completion of the most complex Enterprisewide initiatives pertaining to Data Risk and its respective regulatory requirements. Compose remediation closing packages to ensure evidence is successfully captured for internal audiences including Audit and various committees of Northern Trusts Board of Directors as well as external regulatory audiences such as the Federal Reserve Board (FRB). Leverage strong relationship management skills ensuring key stakeholders are compliant to various Policies and Standards pertaining to Data and leveraging expertise. Liaise between Data/Technology teams and various internal Quality Control and Audit entities ensuring technical expertise and accomplishments are successfully communicated evidenced and comprehensible to nonspecialist stakeholders and third parties. Operate flexibly within multiyear Enterprisewide project plans at the Capability Milestone and Task level ensuring evidencing deadlines are met to a high degree of quality. Challenge when appropriate approaches taken regarding Data Risk and remediations. Travel approximately twice a year to internal committees and forums and potentially industry conferences to build relationships identify emerging data risks for Northern Trust and maintain uptodate knowledge of relevant regulations and industry best practices. Build (and potentially deliver) presentations to CSuite audiences pertaining to the above.

Knowledge/Skills

  • Excellent analytical skills and the capability to validate and challenge data solutions
  • Indepth knowledge of global regulations pertaining to Data Risk preferably including BCBS239 Principles for effective risk data aggregation and risk reporting (The RDARR Principles)
  • Superior verbal and written communication skills including the ability to develop digestible and wellflowing narratives out of highly complex technical concepts and achievements
  • Strong leadership and organizational skills including flexibility and adaptability to change
  • Capacity to multitask across disparate workstreams while remaining detailoriented

Experience Required

  • Bachelors Degree or 4 additional years of work history6 or more years of Risk and Data experience including audit/regulatory response writing

Salary Range:

$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 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.


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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