Senior Consultant - Risk Identification and Assessment
Senior Consultant - Risk Identification and Assessment
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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 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.
The Risk Identification and Assessment Senior Consultant is a key position within Northern Trusts enterprise risk management function charged with the responsibility of supporting embedding and refining the risk identification and assessment processes across the lines of defense. As a key role in the 2nd line of defense this Sr Consultant reports to the Risk Identification and Assessment Director and collaborates extensively with both the 1st and 2nd line teams. The core responsibilities encompass the maintenance of the risk identifications standard the implementation of an emerging risk and material risk identification process and the enhancement of risk assessment standards including maintaining risk rating and materiality scales. This role involves collaborating on initiatives to ensure comprehensive risk identification driving the detection of material and emerging risks maintaining and advancing risk inventory technology capabilities and conducting impact assessments to apply materiality thresholds. The Risk Identification and Assessment Sr Consultant supports the adherence to the aforementioned standards and is key in fostering a culture of risk awareness through training and monitoring adherence across the lines of defense.
Major Duties
Support design implement and sustain standards for risk identification emerging risks risk assessment across lines of defense through training and adherence monitoring
Establish and maintain risk ratings and materiality scales used in identifying top and material risks
Support identification of top material and emerging risks
Maintain risk inventory technology capabilities
Keep abreast of industry trends regulatory changes and emerging risks to proactively identify potential threats and opportunities and evolve the risk management framework to align with changing business and regulatory practices
Experience and Qualifications
Experience: 8 years of direct risk management framework experience at a large-scale financial services organization preferred including enterprise risk management experience
Demonstrated knowledge and experience in designing training and monitoring enterprise risk identification and assessment practices supporting effective implementation and sustainability
Proven capability in high-quality execution including both independent execution as well as supporting cross-functional stakeholders to drive change Familiarity with ServiceNow or similar Governance risk and Compliance tool a plus
Ability to accurately identify escalate and drive actions to mitigate priority risks
Skills: The ideal candidate will possess the following skills:
Ability to think strategically creatively and logically to solve problems and drive risk management enhancements
Ability to develop strong relationships and build stakeholder alignment on key initiatives
Ability to lead projects from conception through execution 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
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 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 .
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.
About Our Pune Office
The Northern Trust Pune office established in 2016 is now home to over 3000 employees. The office handles various functions including Operations for Asset Servicing and Wealth Management as well as delivering critical technology solutions that support business operations across the globe.
Our Pune team takes our commitment to service to 2024 they volunteered more than 10000 hours into the communities where they live and work. Learn more.
Required Experience:
Senior IC
Employment Type
Full-Time
