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 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 Ireland Risk Management function is part of the independent Corporate Risk Management organisation and has been set up to work closely with the Irish fiduciary and administration entities to oversee, assess and advise on risk management including service delivery, board and/or risk committee representation and reporting, implementation of the risk management framework, significant change activity, material incident management and facilitate embedding a risk management culture. Under the direction of the Ireland CRO, engages with business management in Ireland to assess and understand from a legal entity perspective the macro level risks and issues. In addition, the role will provide consultation and advise on risk management related matters, support the local implementation of the risk management framework including operational resiliency and cyber risk frameworks and make recommendations where appropriate to mitigate risk. The role is will also support the local governance processes, prepare risk reporting and assessments to senior management, as well as acting as an escalation point for local risk issues. The key responsibilities of the role include Preparation of regular legal entity risk reporting. Support and challenge the further refinement of metrics and associated thresholds to appropriately assess the risk profile of the Irish legal entities Participate in legal entity capital planning and development of appropriate stress testing. Supports the ongoing development of the Irish entity risk frameworks, including risk inventory and risk appetite statements. Support local implementation of non-financial risk framework elements, including Outsourcing, Operational resilience, Cyber and IT risk framework components. Skills/ Qualifications: Experience in the Financial Services industry is essential and an understanding of fund administration and/or depositary services is desirable. Experience in a risk management role is advantageous Self-motivated with the ability to operate independently or work as part of a team; Effective time management; Good written skills with an ability to prepare succinct risk reporting; Well-developed verbal communication skills with an ability to effectively present and contribute in business meetings and risk forums. 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 . 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.