Specialist, Risk - London, United Kingdom - Northern Trust Corp.

Northern Trust Corp.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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.

Role / Department

The Risk and Controls Self-Assessment (RCSA), Senior Consultant is responsible for playing a key role in the execution of a key operational risk management program across the organization.

This individual contributor will work closely with peers, stakeholders of all levels and program management to drive the running and enhancement of the RCSA program.

They will help define how Northern Trust best identifies and addresses risk for our most important processes and business areas.

The key responsibilities will include:

Management of the RCSA program deliverables action plans, post effectiveness testing, control evaluation, etc.
Review workflows to identify and drive management of risks associated with the program and improve overall control environment.
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.
Development, maintenance, and ongoing enhancement of RCSA program controls and initiate projects where required.
Implementation of controls to mitigate process risks.
Strong stakeholder engagement to ensure identification of issues and timely completion of actions to meet deadlines.
Ensure the RCSA system of record is functioning properly and engage in coordination with Third-Party vendor.
Provide UAT testing support for system of record as needed.
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.

Skills/ Experience- Several years financial services experience with strong experience in operational risk, controls, or audit- Excellent 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.

- Ability to make independent decisions- Familiarity with Fusion and/or Salesforce- Experience performing regression testing

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.

Reasonable accommodation

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.