Analyst, Capital Markets Risk and Resiliency - Chicago, United States - Northern Trust Corp.

Northern Trust Corp.

Verified Company

Chicago, United States

3 weeks ago

Posted by:

Mark Lane

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.

Analyst, Capital Markets Risk and Resiliency

The Analyst will work within the team to closely interact with different stakeholders across the organization to ensure that Third Party risks are appropriately managed, and that Corporate Risk Policy and supporting guidelines are embedded and adhered to.

Works with more Senior team members to provide guidance to others as a project manager or consultant.

Is building up a working knowledge and experience in own job discipline and building knowledge of the company, processes and clients.

Receives a good level of guidance and direction.

Key Responsibilities

Assists in the Third-Party Risk governance framework in the 1LOD, with oversight and reporting to C&IS and Global Services Leadership on related risk and control profile, issues / incidents and any relevant emerging risks.
Supports Senior team members in their work with Vendor Managers to ensure that Third Party Risk policies and guidelines are adhered to, and provide actionable support and guidance to the Business.
Escalates any concerning trends to Senior team members and / or Management. This may include (but not limited to) oversight and monitoring of emerging risks, weaknesses in controls and material change programs, deterioration in service / performance standards, and provide guidance on mitigating actions.
Supports Senior team members in first level review of internal and external Third-Party Risk related events and issues, to ensure that the root cause is adequately identified, and remediation actions are fit for purpose.
Assist in the support of local regulatory and audit engagements pertaining to Third Party Risk; this includes supporting remediation activities.
Works with Senior team members in Third Party Risk awareness and risk management culture in order to ensure that the material risks are both evident and effectively managed.
Assists in solving problems in straightforward situations.
Builds knowledge to begin to analyze possible solutions using technical experience and judgment and precedents.
Impacts quality of own work and the work of others on the team
Works within guidelines and policies

Knowledge/Skills

Awareness of Third-Party Risk control environment
Understanding of corporate risk policies and standards on Third-Party
Accustomed to data analytics tools and reporting including PowerBI
Understands key business drivers; uses this understanding to accomplish own work
Good communication skills

Experience Preferred

12 years of related experience in roles working with Operational Resiliency, Third Party risk management or Capital Markets preferred

LI-MG1

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.

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.