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Technology Third Party Risk Management

5.00 to 8.00 Years   Chicago (Illinois)   08 Jan, 2025
northern trust corp ltd - london
Job LocationChicago (Illinois)
EducationME/ M.Tech./ MS (Engg/ Sciences)Any Graduate
SalaryAs per Industry Standards
IndustryFinancial Services/Stockbroking, Banking
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job 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 worlds 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 worlds most sophisticated clients using leading technology and exceptional service. Change Manager, Service Delivery ImplementationJob SummaryFoster a culture of innovation, collaboration, and continuous improvement to drive positive change and elevate the effectiveness of our Third-Party Risk Management (TPRM) function across the Global Technology Services organization.Major Responsibilities

  • Identify opportunities and develop recommendations to enhance and strengthen Third-Party risk control effectiveness for the technology organization.
  • Lead cross-functional risk and resiliency related projects to streamline and standardize TPRM requirements and processes.
  • Support change management protocol across the Tech TPRM portfolio.
  • Support periodic and structured quality control activities to improve Third-Party oversight functions and validate TPRM control effectiveness across the technology organization.
  • Support the development of reporting to measure productivity, control effectiveness, and key Third-Party risks.
  • Conduct in-depth analysis of third party, resilience, and application data from multiple systems of record and articulate a summary of findings.
  • Participate in the development of recommendations to improve data quality across the TPRM program, including the integration of disparate systems and tools.
  • Develop process flow documentation and SharePoint sites that support improved community awareness of the TPRM requirements, best practices, and related metrics.
Required Qualifications
  • Bachelors degree or equivalent plus 5 years TPRM experience.
  • Demonstrates a working knowledge of TPRM frameworks, policies, and standards.
  • Strong analytical mindset with the ability to understand risk policies and standards.
  • Ability to identify issues and work them through closure.
  • Knowledge of various regulatory bodies and guidance governing the financial service industry.
  • Experience working across a diverse set of stakeholders with positive results.
  • Advanced experience with MS Office, SharePoint, and Reporting tools.
  • Ability to develop visual representations of processes and risks to support executive updates.
  • Excellent oral, written, communication and presentation skills.
  • Highly flexible and adaptable to change.
Preferred Qualifications
  • Third-Party Risk Mgmt. Certification
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.Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable AccommodationNorthern 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 youre 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.Locations
  • Chicago, IL

Keyskills :
third party risk management analytical mindset risk identification data quality improvement ms office proficiency financial services risk control portfolio risk mgmt

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