Risk Program Oversight Manager (Finance)
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 world's 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 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Risk Program Oversight Manager
Summary:
Responsible for managing and enhancing enterprise risk management programs to ensure that Northern Trust's risk programs and policies adhere to established risk management frameworks, comply with applicable regulations and standards, and are effectively implemented to mitigate risks to Northern Trust.
Responsibilities:
• Design, implement, and manage risk management programs, ensuring alignment with established risk appetites and strategic goals.
• Develop and maintain risk policies and procedures to support enterprise risk
management efforts.
• Conduct routine and ongoing risk assessments to identify potential risks, test the adequacy of the risk control environment, and develop mitigation strategies.
• Monitor key risk indicators and performance metrics to identify emerging risks.
• Conduct ad-hoc targeted risk assessments to assess impacts of emerging risks.
• Proactively open Issues to enhance the control environment and hold Business Units accountable to remediating any identified Issues.
• Advise on the design and implementation of new or enhanced risk controls.
• Develop risk training and awareness programs for internal employees and external clients.
• Partner with cross-functional teams to provide guidance, identify risks, and implement mitigation strategies.
• Stay current on industry trends and collaborate with peers in the industry.
• Lead and/or participate in risk-related projects and initiatives to improve the
organization's fraud risk management capabilities.
Requirements:
• 5+ years of program or risk management experience in a financial institution or related industry.
• Strong understanding of risk management frameworks, regulatory requirements and industry standards.
• Innovative mindset with a proactive approach to problem solving.
• Strong ability to analyze and interpret complex data sets and metrics.
• Proficient written and verbal communication skills and the ability to work independently and collaboratively with other business units.
• Ability to exercise good judgment to make timely decisions, while working in a fast-paced and results-driven environment.
Salary Range:
$137,400 - 240,400 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 well-being 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.
We'd love to learn more about how your interests and experience could be a fit with one of the world's 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 MyHRHelp@ntrs.com .
We hope you're 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.
