About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                

We recognize the value of inclusion and diversity in culture, in thought, and inexperience, which is why we are honored to receive the following awards in 2021:

• Gender Equality Index Member, Bloomberg
• Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today

SUMMARY

Works in the Operational Resiliency Vendor Management team. This role will work within the team to closely interact with different stakeholders across the organization to ensure that Third Party risks are appropriately managed, and that Corporate Risk Policy and supporting guidelines are embedded and adhered to.  Uses expertise to provide guidance to others as a project manager or consultant. Requires working knowledge and experience in own job discipline. Continues to build knowledge of the company, processes and clients.  Receives a moderate level of guidance and direction.

MAJOR DUTIES

• Assists in the Third-Party Risk governance framework in the 1LOD, with oversight and reporting to C&IS and Global Services Leadership on related risk and control profile, issues/incidents and any relevant emerging risks
• Supports work with Vendor Managers to ensure that Third Party Risk policies and guidelines are adhered to, and provide actionable support and guidance to the Business
• Escalates any concerning trends to Senior team members and/or Management. This may include (but not limited to) oversight and monitoring of emerging risks, weaknesses in controls and material change programs, deterioration in service/performance standards, and provide guidance on mitigating actions
• Assists in first level review of internal and external Third-Party Risk related events and issues, to ensure that the root cause is adequately identified and remediation actions are fit for purpose
• Assist in the support of local regulatory and audit engagements pertaining to Third Party Risk; this includes supporting remediation activities
• Assist in Third Party Risk awareness and risk management culture in order to ensure that the material risks are both evident and effectively managed
• Solves problems in straightforward situations
• Analyzes possible solutions using technical experience and judgment and precedents
• Impacts quality of own work and the work of others on the team
• Works within guidelines and policies

KNOWLEDGE/SKILLS

• Understanding of Third-Party Risk management principles, including experience with policy development, control definition, and application of controls in the business
• Knowledge of Third-Party Risk control environment
• Knowledge of corporate risk policies and standards on Third-Party
• Accustomed to data analytics tools and reporting including PowerBI
• Understands key business drivers; uses this understanding to accomplish own work
• Explains complex information to others in straightforward situations

EXPERIENCE

• 3-5 years of related experience in roles working with Third Parties

Working with Us:

Working at Northern Trust goes far beyond just having a job. We encourage our partners to bring their full self to the workplace. Learning how your interests and experience could continue to grow with our longstanding and trusted business is important to us..  In return, we will support you with your personal and career goals in a number of ways:

• Financial â€“ Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review
• Work Life Balance â€“ Flexible Work Options, Incremental Annual Leave, Community Volunteer Days
• Professional Development â€“ Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.
• Health & Wellbeing â€“ Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

And Finally

• We hope you’re excited about this new opportunity to develop your career with us.
• We value a diverse and inclusive workplace and believe together we can achieve greater.
• Grow your career and apply today!