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 Sr. Consultant, Risk is responsible for managing complex, cross-functional programs and projects, that strengthen enterprise risk management across Financial Risk (e.g., Credit and Market Risk), Non-Financial Risk (e.g., Operational Risk) and Compliance (e.g., AML, Trade Surveillance).

Programs or projects involve the delivery of enhanced risk capabilities or regulatory changes that could impact multiple risk functions, business units, or technology.

The key responsibilities of the role include:
 

Responsible for deploying the Canada Enterprise Risk Management Framework in line with the Northern Trust Enterprise Risk Management Framework. Responsible for enhancing Northern Trust enterprise risk reporting at Business Unit risk level and at the Legal Entity viewParticipate in a comprehensive reporting and oversight program, ensuring accurate reporting for key metrics.Involved in risk analytics and assessment on core Non-Financial Risk programs, including but not limited to, Risk Control Self-Assessment (RCSA), Operational Incident Management and Fraud Management.Design, implement, and sustain standards for risk identification, emerging risks, risk assessment across lines of defense through training and adherence monitoring Establish and maintain risk ratings and materiality scales used in identifying top, material and emerging risks Maintain risk inventory technology capabilities Support the implementation of new and enhanced risk programs and initiatives that support the Enterprise Risk Framework. Keep abreast of industry trends, regulatory changes, and emerging risks to proactively identify potential threats and opportunities and evolve the risk management framework to align with changing business and regulatory practices Participate and facilitate responses to ad-hoc or scheduled queries (e.g. regulatory, internal/external audit) for the relevant risk areas in scope.Review, disseminate, and interpret risk management policies, frameworks and procedures. Work to proactively establish and document related policies, procedures and standards within the parameters of relevant laws and regulations.Independently analyze business change activities to ensure risks are identified and aligned with risk appetite.Support the Canada Chief Risk Officer when liaising with regulators, governance specialists and auditors.

The successful candidate will benefit from having:

Knowledge:

Knowledge of risk management and strategic goals for the bank's business. In depth knowledge of regulations, federal, provincial, and local laws and regulations acquired through formal education and work experience is required. Strong communication skills, including verbal and written communications to senior leaders and committees

Experience:

10+ years of direct risk management experience at a large-scale financial services organization preferred, including enterprise risk management experience Demonstrated knowledge and experience in designing, training, and monitoring enterprise risk identification and assessment practicesProven capability in high-quality execution, including both independent execution, as well as influencing cross-functional stakeholders to drive change Experience overseeing financial and/or non-financial risks, including interpreting and adhering to associated prudential expectations Ability to accurately identify, escalate, and drive actions to mitigate priority risks 

 #LI-LK2, #LI-Hybrid

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 MyHRHelp@ntrs.com.

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.