Issue Management and Risk Treatment Senior Consultant

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.

2LOD Issues Management Lead (Job Level P3 / Grade 11) Job Description

The Second Line of Defense Issues Management Lead for the Non-Financial Risk (NFR) division will be responsible for contributing to the issues management, risk treatment and risk aggregation processes ensuring efficient completion of day-to-day tasks along with supporting strategic initiatives to mature the program. Responsibilities will include:

• Facilitate the ingestion of 2LOD identified issues including assigning owners, determining remediation plans, tracking to closure, escalating concerns, and validating closure
• Support maturation of a 2LOD process to validate the closure of 1LOD issues on an ongoing basis while escalating concerns as they are identified
• Support the expansion of the risk treatment and risk aggregation capabilities across the NFR division including documentation of methodology and procedure
• Ensure appropriate escalation and handoffs to the Risk Treatment program and governance committees
• Continuously monitor the effectiveness of the process and suggest improvements as needed including the establishment and maintenance of KPIs and KRIs
• Support the risk aggregation reporting across the NFR risk themes
• Interact with Risk Treatment and Aggregation leadership to clearly articulate progress on maturation of the program and strategic initiatives as they are implemented
• Work across the lines of defense to coordinate changes, provide review and challenge, and respond to audit and regulatory requirements

Qualifications - External

• 7+ years of Risk Management experience to include but not limited to: Cyber Resilience, Cybersecurity, Operational Risk Management, Third Party Management, Data Management, IT Risk and Control, and/or IT Audit
• CISSP, CISM, CISA, CRISC, or equivalent certifications highly preferred
• Strong working knowledge of the inherent non-financial risks in the financial services industry
• Experience with risk treatment and issues management functions and industry tools to support the program (i.e. ServiceNow, Coupa)
• Analytical and communication skills required to summarize and analyze information
• Organizational skills required to coordinate risk related activities with peers and senior executives
• Advanced Microsoft Office 365 skills 

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.