Issue Management and Risk Treatment Specialist
Issue Management and Risk Treatment Specialist
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$ 114700 - 194900
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.
- Support sustaining and embedding risk treatment practices across lines of defense through training and adherence monitoring
- Facilitate the oversight and management of identified issues including reviewing and approving remediation action plans escalating concerns and validating closure for highrisk issues
- Maintain applicable 2LOD Policies Standards and Procedures for Issues Management Risk Treatment and Controls Testing
- Ensure consistent controls testing practice across risk domains business units and legal entities
- Maintain monitoring and oversight of issues management and remediation policy exceptions and controls tracking and reporting on compliance with applicable ERM Policies and Standards
- Produce impactful and insightful thematic analysis to support proactive risk management
- Engage with Data/Tech teams and Risk Enablement team for relevant models for risk aggregation and reporting based on Risk Treatment and Issues Management and related BAU
- 10 years experience in risk management including enterprise risk management experience preferably at a largescale financial services organization
- Demonstrated knowledge and experience in designing training and monitoring enterprise
- risk treatment practices supporting effective implementation and sustainability
- Proven capability in highquality including both independent as well as influencing crossfunctional stakeholders to drive change
- Familiarity with ServiceNow or similar Governance Risk and Compliance tool preferred
- Experience overseeing financial and/or nonfinancial risks including interpreting and adhering to associated prudential expectations
- Ability to accurately identify escalate and drive actions to mitigate priority risks
- The ability to think strategically creatively and logically to solve problems and drive risk management enhancements
- The ability to develop strong relationships and build stakeholder alignment on key initiatives
- The ability to lead projects from conception through and sustainment leveraging sound change management principles and leveraging technical capabilities to arrive at the optimum solution
- Strong communication skills including verbal and written communications to senior leaders and committees
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Salary Range:
$USDSalary 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
