Full-Time

Data & Technology Enablement – Oversight and Challenge Lead

Confirmed live in the last 24 hours

Northern Trust

Northern Trust

10,001+ employees

Compensation Overview

$137.4k - $250kAnnually

+ Bonus

Senior

Chicago, IL, USA + 1 more

More locations: New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Risk Management
Requirements
  • Experience working as a self-directed contributor as well as a lead to meet complex business objectives in a highly matrixed environment
  • Substantial broad experience in technology and data, including large transformation programs with focus on risk management and/or remediation
  • Specific subject matter expertise in one or more of the following domains: enterprise risk management, GRC, compliance, risk and controls, operational risk, operational resiliency, liquidity
  • Understanding of key banking regulations
  • Well-developed listening skills
  • Articulate and effective communicator
  • Strong interpersonal skills, and proficient with complex stakeholder management with senior stakeholders
  • Ability to influence positive outcome without direct functional control
  • “No surprise: approach in communicating issues and requests
  • Strong Leadership skills with proven track record of delivering positive and sustainable change
  • Knowledge of general risk, compliance and governance concepts and methods such as policy management, risk assessments, control testing etc.
  • Understanding of data and technology needs to support regulatory expectations
  • Bachelor's and/or master's degree in business, operations, data, or technology
Responsibilities
  • Face off to designated RCE program(s) for all Data and Tech planning and execution activities across the entire commitment lifecycle
  • Ensure that each Data and/or Tech commitment is appropriately reflected in the individual programs and the Data and Technology plan, with consistency of timing, ownership of deliverables, and scope of work
  • Ensure that related work outside of RCE plan is consistently aligned with objectives of the RCE program
  • Ensure appropriate compensating controls and measures related to the scope of the RCE program
  • Proactively enable and oversee Check and Challenge process for all Data and Tech commitments related to RCE and broader Regulatory-related issues management, in close partnership with GRAO Strategic Remediation Oversight Group (SROG). Part of the review includes scope, target state, success criteria. Ensure that underlying root causes are addressed in sustainable programs and bodies of work, and embedded in a broader strategic vision
  • Support all oversight processes for Data, Technology, and Cyber programs aligned with central GRAO teams (SROG and PMO)
  • Lead and/or support planning and change control processes for RCE related to Technology and Data work embedded in individual RCE programs
  • Partner closely with GRC product owner to ensure ERM, Resiliency, ORM, Cyber, Compliance requirements are fully incorporated and support our Data and Technology strategy
  • Ensure business requirements and dependencies management across all plans related to Data and Technology work
  • Establish and monitor all success and data quality metrics
  • Promptly escalate any issues on program structure, scope, or execution
  • Ensure sustainability of program commitments by appropriate change management and embedding controls
  • Provide credible challenge for all aspects of the PMO processes, including and not limited to: RAG ratings, KPIs, status updates, path to green, adherence to dates and deliverables, and quality of deliverables
  • Identify and escalate program resource constraints (e.g., program management, SMEs, technology, data) in collaboration with Program leads and provide staffing support as needed for major initiatives to augment embedded staff as needed, and potentially deploying central acceleration teams
  • Support as needed special Remediation Analysis and Projects related to GRAO Data and/or Technology
  • Define and proactively manage a strategic backlog that addresses stakeholder needs across three lines of defense in order of priority
  • Support the adoption of data quality and data governance procedures around the solutions.
  • Partners to drive adoption of new selected technologies into standard support models and systems.
Desired Qualifications
  • Good understanding of the SDLC and Agile Scrum methodologies to deliver solutions
  • Information Security, Risk Management, and Project Management credentials
  • Line 2, Line 3, Line 1.5 experience with focus on Technology or Audit or Quality Assurance
  • Understanding and experience with BCBS 239
  • Remediation with focus on Technology and Data in a GSIB

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for ESG solutions boosts Northern Trust's asset servicing business.
  • Rise of digital assets presents expansion opportunities for Northern Trust's custody services.
  • Outsourcing trend in finance increases demand for Northern Trust's third-party services.

What critics are saying

  • Competition in asset servicing may pressure Northern Trust's market share.
  • Rapid digital banking adoption by competitors could outpace Northern Trust's advancements.
  • Geopolitical tensions may disrupt Northern Trust's operations in Asia.

What makes Northern Trust unique

  • Northern Trust collaborates with TCS to enhance its securities services offering.
  • Northern Trust secures asset servicing mandates from Generation Life and Brickwood Asset Management.
  • Northern Trust partners with Foundation Source for modern private foundation management services.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

ChannelDrive
Mar 8th, 2025
Northern Trust Picks TCS to Transform its Securities Services Offering

Tata consultancy services (TCS), a global enabler in IT services, consulting, and business solutions, has signed an expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets.

Funds Global Asia
Mar 4th, 2025
Northern Trust secures asset servicing mandate from Generation Life

Under the new mandate, Northern Trust will deliver global custody and valuation reporting services for AU$1.5 billion in Generation Life's portfolio assets, which include domestic and international equities, bonds, foreign exchanges, etc.

Defense World
Mar 4th, 2025
StockNews.com Begins Coverage on International Tower Hill Mines (NYSE:THM)

Northern Trust Corp purchased a new stake in shares of International Tower Hill Mines in the fourth quarter worth about $46,000.

Florida Trend
Mar 4th, 2025
Florida Trend Magazine

Lynch succeeds Paul Williams, who retired after 41 years with Northern Trust.

Asset Servicing Times
Mar 3rd, 2025
Brickwood Asset Management selects Northern Trust for asset servicing solutions

Northern Trust has been selected by UK asset management boutique Brickwood Asset Management to provide asset servicing solutions.