Director – Financial Risk and Non-Financial Risk Technology

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.

Continue to learn, grow and evolve

No matter what greater means to you, we can help you find it. We believe in empowering our partners with the resources, support and opportunities to achieve greater and reach their full potential. A strong focus on individual career development and growth is just one way we help you reach your goals.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to strengthening the communities in which we live and work.

Who We Are:

We are committed to growing and supporting a diverse team, with a collaborative environment that provides educational and career growth opportunities.

As a Director, Financial Risk and Non-Financial Risk Management Technology you will be responsible for providing leadership, guidance, and direction in developing Northern Trust’s Financial Risk and Non-Financial Risk Management Technology capabilities and platforms. The role involves working closely with all levels of business and technology partners in Second Line Risk, First Line Business Units, Other Corporate Functions and Technology Organization to enhance and transform risk management capabilities, with key risk and regulatory programs including Basel IV, FRTB, Risk & Controls Transformation with ServiceNow IRM and other GRC toolsets. In this role, you will be responsible for ensuring alignment of technology strategy with business strategy, ongoing product development, teams performance management and senior stakeholder management. 

What You Will Do

The Director, Financial Risk and Non-Financial Risk Management Technology is a strategic, collaborative individual who leads with a service mindset, takes ownership and:

• Provides strategic leadership and direction in the development of Financial Risk & Non-Financial Risk management platforms capabilities.
• Leads key programs in Financial Risk like Basel IV, FRTB and Risk & Control transformation with ServiceNow IRM/GRC tools.
• Leads and manages technical development teams within the Risk Technology team in support of Risk management capabilities.
• Engage with senior stakeholders to drive initiatives and ensure alignment with organizational goals.
• Reviews systems development project requests and coordinates schedules and related departmental activities.

• Holds the vendors accountable for the quality of deliverables and roadmap of the product
• Assumes accountability for the performance management, career development, and diversity programs in assigned areas.

Knowledge and Skills Required

• Strong leadership skills in technology, people, and processes within the Financial Risk and Non Finance Risk domain.
• Implementational experience with either internal and/or external solutions meeting capital markets risk requirements across various regulatory requirements (e.g. SCCL, CCAR, SR 14, SACCR, FRTB, IIRB, CFTC Capital Rule, Stress Testing, Market Risk Rule, etc.).
• Expertise in ServiceNow and other GRC implementations, including hands-on technical development and team management experience.
• Subject Matter Expert (SME) level knowledge on market risk and credit risk technologies and data frameworks supporting the various regulatory requirements.
• Must be from a technical background with hands-on technical development experience. 
• Expertise in vendor management and partnership across delivery and support.  
• Hands-on team management experience, building a team and maturing a team.  
• Excellent verbal and written communication, ensuring informed and aligned decisions across technology and business stakeholder groups.  

A College or University degree in Computer Science and/or relevant work experience is required. 
 

Salary Range:

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 [email protected].

 
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.