Specialist, Non-Financial Risk Management

About This Role

This Specialist role is a key member of a global Non-Financial Risk Management team, providing advice, review, and challenge on risk-related matters aligned to policies and standards. The role establishes and maintains close working relationships with key stakeholders and offers intimate access to leaders developing solutions for real-world issues, providing excellent exposure for a risk management professional looking to further their career in asset management and financial services.

Responsibilities

• Consult with first-line leaders to ensure alignment with Northern Trust Corporation and Assessment Management policies, standards, and frameworks, including in relation to: governance practices; risk appetite, self-assessment, monitoring, and reporting; control identification, design and effectiveness assessments; operational resiliency; cybersecurity; third-party risk management; privacy; process change management
• Independently manage and/or coordinate:
• Business unit risk inventory assessment - advice/review/challenge - including the identification of trends or changes to likelihood, impact, and materiality
• Business unit risk metric aggregation, analysis, and reporting - advice/review/challenge - to support governance committee oversight
• Participate in and/or present to various committees, steering groups, working groups
• Perform external continuous monitoring for consideration of impact to Northern Trust Corporation and Assessment Management, as well as internal continuous monitoring on business change initiatives to ensure risks are identified and aligned with risk appetite
• Liaise with first-line leaders and contribute thought leadership to technology/digital development initiatives/operating model/business processes/controls
• Support leaders ahead of liaising with regulators, governance specialists, and internal/external auditors

Requirements

• 7+ years of Fortune 500 risk management consulting or dedicated second-line risk management experience in financial services, with preference for direct experience in asset management
• Membership and exposure to ORX a plus, as well as risk designations and certificates such as: Professional Risk Manager (PRM); Operational Risk Manager (ORM); International Certificate in Enterprise (or Financial Services) Risk Management; Certificate in Operational Risk Management
• Proficient in insight generation, professional judgment, influence, negotiation, and conflict management
• Proficient understanding of risk frameworks, risk assessment, internal controls, including technology; business process and root cause analysis techniques
• Advanced ability and desire for relationship management and business partnering, including listening, oral, written communication
• Believes in the power of a diverse team and ideas, flexible and open to coaching, understands ethics and integrity