Full-Time

Sr Principal

Solutions Consultant, 3rd Party Resiliency

Confirmed live in the last 24 hours

Northern Trust

Northern Trust

10,001+ employees

Compensation Overview

$164.6k - $288k/yr

+ Bonus

Expert

Chicago, IL, USA

Category
Risk Management
Finance & Banking
Required Skills
Agile
Risk Management
Requirements
  • Bachelor’s degree in Information Technology, Risk Management, Business Administration, or a related field (Master’s degree preferred)
  • 10+ years of experience in business continuity, disaster recovery, or third-party risk management
  • 10+ years in systems engineering with a focus on reliability, systems operations, and software engineering
  • Strong background in resiliency frameworks and risk assessment methodologies
  • Experience working with third-party risk management platforms (e.g., Fusion Risk Management, RSA Archer, ServiceNow GRC)
  • 5+ years as a Team lead or a hands on Technical Manager role that can engage and deliver projects to completion
  • Experience with both on-prem and cloud solutions
  • Excellent problem-solving skills and ability to handle complex technical challenges
  • Strong dedication to customer needs, with excellent communication and the ability to build lasting relationships, alongside the capability to articulate complex reliability strategies in a clear and impactful manner
  • Proven experience in leading a mentoring technical teams
  • Practical experience operating in an Agile development environment
Responsibilities
  • Develop and implement third-party resiliency frameworks, incorporating business continuity, disaster recovery, and incident response planning
  • Assess and design the Lifecycle Management process to improve the resiliency of third-party providers
  • Collaborate with cross-functional teams to support overall business strategies and to ensure alignment with organizational goals and industry standards
  • Conduct comprehensive resiliency assessments of third-party vendors and partners, focusing on operational, technical, and strategic risks
  • Evaluate third-party disaster recovery and business continuity plans to ensure they meet the organization’s resiliency standards
  • Identify issues, risks and control gaps and take appropriate actions to mitigate
  • Build and maintain third-party monitoring solutions, enabling ongoing evaluation of vendor performance and resiliency metrics
  • Create frameworks for periodic testing, such as tabletop exercises, failover simulations, and crisis management drills involving third parties
  • Partner with procurement, vendor management, and legal teams to include resiliency requirements in contracts and SLAs
  • Work closely with IT, compliance, and cybersecurity teams to address third-party risks holistically
  • Develop strong working relationships with stakeholders across all business units and control functions
  • Communicate the strategy and ensure it aligns and meets the overall business strategy
  • Ensure third-party resiliency practices comply with relevant laws, regulations, and industry standards (e.g., NIST, ISO 22301, ISO 27001, GDPR)
  • Prepare documentation for audits and regulatory reviews related to third-party resiliency
  • Stay updated on emerging risks, technologies, and best practices in third-party risk and resiliency
  • Recommend and implement enhancements to improve third-party resilience capabilities
Desired Qualifications
  • Certifications such as CBCP, MBCI, CRISC, or CISA are strongly preferred
  • Expertise in industry standards and frameworks (e.g., ISO 22301, NIST CSF, FAIR)
  • Strong analytical, communication, and stakeholder management skills
  • Familiarity with cloud-based architectures and SaaS solutions is a plus

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with TCS boosts Northern Trust's digital transformation and automation capabilities.
  • Asset servicing mandates from Generation Life and Brickwood Asset Management increase Northern Trust's market presence.
  • Rising ESG investing trends create opportunities for Northern Trust to expand its services.

What critics are saying

  • Emerging fintech companies pose competition with innovative and cost-effective solutions.
  • Talent war in financial services may increase Northern Trust's recruitment costs.
  • Rising interest rates could impact Northern Trust's profitability and fixed-income investments.

What makes Northern Trust unique

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

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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

ETF Daily News
Mar 20th, 2025
StockNews.com Begins Coverage on Ark Restaurants (NASDAQ:ARKR)

Northern Trust Corp acquired a new stake in Ark Restaurants in the fourth quarter valued at approximately $147,000.

MarketBeat
Mar 13th, 2025
Taika Capital LP Makes New $360,000 Investment in Northern Trust Co. (NASDAQ:NTRS)

Taika Capital LP makes new $360,000 investment in Northern Trust Co. (NASDAQ:NTRS).

ETF Daily News
Mar 12th, 2025
NioCorp Developments (NASDAQ:NB) Trading Down 5.3% - Here's Why

Northern Trust Corp purchased a new stake in NioCorp Developments in the 4th quarter worth approximately $980,000.

MarketBeat
Mar 11th, 2025
Simplicity Wealth LLC Invests $315,000 in Northern Trust Co. (NASDAQ:NTRS)

Simplicity Wealth LLC invests $315,000 in Northern Trust Co. (NASDAQ:NTRS).

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.