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.

The Role

The Risk & Control Self-Assessment (“RCSA”) Manager operates within the Enterprise RCSA team to help drive execution of the RCSA program ensuring compliance with program framework and guidance.

The successful candidate will lead subject matter experts engaging with Control and business stakeholders to properly identify risks and controls and documenting them appropriately. RCSAs require collaboration with various stakeholders while influencing parties towards strategic goals.

In order to perform this role, a high level of interaction is required with senior leaders and business areas at all levels of the organization.

The key responsibilities of the role include;

• Execute on Northern Trust’s RCSA program by coordinating facilitation of a value-added RCSA product that captures the risk and control environment of the business while adhering to policy, standards, and guidebook requirements 
• Management of the RCSA program deliverables - action plans, post effectiveness testing, control evaluation, etc.
• Contribute to the development, maintenance, and ongoing enhancement of RCSA program Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs)
• Review KPI/KRI framework, scorecards, dashboards to ensure appropriateness of metrics / key performance indicators for RCSA program.
• Strong stakeholder engagement to ensure identification of issues and timely completion of actions to meet deadlines.
• Improve overall risk management culture and knowledge via training/awareness sessions.
• Collaborate with senior management risk partners and lines of business partners to coordinate operational risk management activities.
• Contribute to establishing and maintaining program processes and practices which effectively ensure that the enterprise program remains current, and incorporates / aligns with industry standards and best practices as appropriate, while adequately covering regulatory requirements
• Manage or lead projects aimed at improving the overall program.
• Communicate identified risks to key stakeholders, organize remediation action plans, and track identified risks to closure. 
• Develop and implement Change Management Governance protocols and Control Standards, covering roles and responsibilities, change trigger requirements, and reporting
• Develop and implement 1LOD procedures on change controls for Business Continuity Management, Disaster Recovery and Operational Resiliency plans

Skills/Experience

The successful candidate will benefit from having;

• Strong financial services experience, specifically within operational risk, controls, or audit (Recent G-SIB experience highly advantageous)
• Working knowledge of audit, risk and operational management concepts and the ability to understand and interpret the impact of decisions, as well as identify and convey potential problem areas.
• Strong communication skills with the ability to engage in a clear, concise and effective manner, both verbal and written.
• Ability to foster a positive and initiative-taking approach to process assessment and improvement and to identify trends and improve processes for both the customer and the business.
• Ability to handle multiple competing priorities.
• Management skills; proven stakeholder engagement experience, engaging and inclusive management style, with experience of having managed operational resilience / operational processes / risk management initiatives
• Experience managing related teams, sets team priorities, and allocates resources to align with business objectives
• Highly flexible and adaptable to change, self-motivated and able to independently drive results 
• Analytical skills – able to analyze and interpret key facts across data sources, providing stakeholders with clear and concise recommendations and reports
• Problem solving / decision making skills - ability to decide, under pressure, the best course of action required to solve a range of problems from complex queries to technical issues
• The ability to work unsupervised, with a high degree of self-motivation / drive.
• Administration Skills - ability to maintain a high degree of accuracy whilst working to tight deadlines and able to adapt in a changing and demanding environment
• Demonstrated ability to collaborate cross-functions to achieve measurable results
• Ability to manage and prioritize multiple requests at the same time

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.