Strategic Remediation Oversight – Senior Consultant

Role/Department

Searching for a seasoned professional with business experience, multi-disciplinary functional expertise with a focus on financial risk activity.
Reporting to the Head of Strategic Remediation Oversight, Financial Risk, this individual will collaborate across the bank to drive strategic remediation
efforts for financial risk issues.

The key responsibilities include:

• Provide effective review and challenge of critical Regulatory/Audit remediation initiatives including responses, remediation plans,

• remediation program, and regional and global key deliverables

• Identify and escalate gaps in Northern Trust's responses and remediation initiatives

• Provide quality assurance and challenge on deliverables to ensure that the deliverables are ready for Audit and regulatory review as required.

• Support program managers to deliver remediation programs through constructive and collaborative engagement to:-

• Ensure alignment with the requirements and standards set out by the Enterprise Risk Management function.

• Assess the improvement opportunities that can be leveraged cross functions / business lines / locations in order to improve delivery speed and

• drive process and control alignment.

• Support the identification of controls required to support new / improved processes that are required including roles and responsibilities for

• operation, supervision and governance.

• Identify and manage senior management issues, in co-ordination, with the impacted business and control areas.

• Works cross-functionally with other staff to provide guidance to business and corporate functions in responding to regulatory or audit inquiries,

• responses, and remediation plans focused on operational risk

• Co-ordinate the issue management teams and provide support to the issue pod required as part of the issue management process

• Work closely with the Head of Strategic Remediation Oversight, Financial Risk to ensure the support provided is robust and aligned with the remediation activities undertaken

• Maintain familiarity of and technical expertise with business unit(s) organizational structure,

• Stay current on financial risk regulatory rules and changes within the industry

• Leverage a strong peer network and tap the industry to identify leading practices

Skills / Experience

The successful candidate will benefit from having:

• Proven experience in financial services, with experience in a financial institution, or similar consulting experience in the financial services industry, specifically in operations or a financial risk area

• Strong organization, attention to detail, time management, planning skills and the ability to handle multiple competing priorities

• Excellent interpersonal skills displaying the ability to engage diverse set of stakeholders, understand their viewpoints, build long-term relationships, create a collaborative and inspirational environment within the team

• Ability to manage through substantial issues

• Ability to lead without authority as needed

• Confidence and expertise to advise management