Northern Trust
Join to apply for the
Head of Cyber and Technology Risk
role at
Northern Trust Join to apply for the
Head of Cyber and Technology Risk
role at
Northern Trust Get AI-powered advice on this job and more exclusive features. 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. 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 function of the Head of Cyber and Technology Risk Management role will be to help to define and implement 2nd line of defense functions to include developing several new capabilities This role assists Head of Cyber and Technology Risk Management in the execution of strategic technology risk objectives to include establishing 2nd LOD oversight and governance over all Technology Programs to include IT Asset Management, Enterprise Infrastructure, Cloud Infrastructure, IT Incident Management, Software Development Lifecycle, End of Life/End of Service, Disaster Recovery, and other technology programs. Directs the operational and administrative activities associated with running this team Accountable for the performance management process and staffing for the team.
MAJOR DUTIES
Develop and lead the oversight and governance over all technology programs in 1st LOD to include any associated standards or procedures, training, and controls Lead Oversight of Core Risk Category: Serve as the senior executive accountable for the end-to-end oversight of a designated core risk category (e.g., Technology and Cyber Risk). Duties include reviewing and challenging risk profiles, remediation actions, and risk treatment strategies; approving risk rating calibrations and materiality thresholds; and ensuring timely escalation of breaches, emerging risks, and strategic decisions to parent committees or the Board. Chair and Govern Critical Risk Committee: Lead the strategic direction and execution of a Tier 1 Risk Committee (e.g., IT Risk Committee), ensuring alignment with enterprise risk appetite and regulatory expectations. Responsibilities include setting meeting agendas, overseeing committee self-assessments, escalating decisions per the Charter and escalation requirements, and driving, decisions, and action items. Provide effective challenge to first-line proposals and maintain ultimate veto authority where applicable. Partner with other leaders in the Non-Financial Risk leaders to develop and mature the Technology Risk Reporting to include inputs to the Technology Risk appetite metrics and other senior management and board level dashboards. This include working with 1LOD leaders to ensure the development of KPIs, KRIs, and KCI risk In partnership with 1st LOD Tech and Cyber Risk and Controls team, develop new program to ensure comprehensive and recurring risk management assessments are conducted and all key controls are implemented Be key leader in any technology incident management activities in partnership with the Operational Resilience Incident Management and 1LOD teams Partner with Chief Administrative Office and Risk Reporting teams to develop KPIs and KRIs for technology risk programs Develop budgets and resource requirements for direct reporting teams Participate in the development of team strategic plans, annual goal and delivery plans, and quarterly and monthly updates and retrospectives
Knowledge/Skills
Broad understanding of existing and emerging technology risks, particularly those to the financial sector, and how to prevent them from impacting Northern Trust Strong understanding of technology regulatory requirements for the financial sectors Strong understanding of cybersecurity and technology risk control frameworks to include but not limited to NIST Cybersecurity Framework, COBIT, ISO, CIS, and CSA Strong aptitude to develop and maintain internal and external business relationships and to leverage those relationships in pursuit of their day to day goals and responsibilities Extensive knowledge of systems security architecture, excellent consultative skills, strong analytical ability and ability to work effectively with clients. Experience with effectively communicating technology risk posture in the context of the business at the executive level Experience with technology risk metrics development and reporting Extensive knowledge of technology risk management to include risk treatment, issues management, control validation, cybersecurity consultation and assessment, risk measurement and reporting, and lines of defense Applies knowledge of key business drivers and the factors that maximize department performance to mitigate against and minimize risk Ability to influence risk decisions with both business and technology organizations without formal authority
Experience
12+ years cybersecurity experience either in an operational role or in risk management role Bachelor degree in computer science or related field of study or comparable work experience Experience leading a team in an operational risk management program with preference for technology experience in any of the three lines of defense Experience leading a regionally disparate team Demonstrated experience in working with senior level clients in a consultative and/or advisory capacity Demonstrated experience in presenting to executive management
Salary Range
250,000 - 325,000
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
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Head of Cyber and Technology Risk
role at
Northern Trust Join to apply for the
Head of Cyber and Technology Risk
role at
Northern Trust Get AI-powered advice on this job and more exclusive features. 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. 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 function of the Head of Cyber and Technology Risk Management role will be to help to define and implement 2nd line of defense functions to include developing several new capabilities This role assists Head of Cyber and Technology Risk Management in the execution of strategic technology risk objectives to include establishing 2nd LOD oversight and governance over all Technology Programs to include IT Asset Management, Enterprise Infrastructure, Cloud Infrastructure, IT Incident Management, Software Development Lifecycle, End of Life/End of Service, Disaster Recovery, and other technology programs. Directs the operational and administrative activities associated with running this team Accountable for the performance management process and staffing for the team.
MAJOR DUTIES
Develop and lead the oversight and governance over all technology programs in 1st LOD to include any associated standards or procedures, training, and controls Lead Oversight of Core Risk Category: Serve as the senior executive accountable for the end-to-end oversight of a designated core risk category (e.g., Technology and Cyber Risk). Duties include reviewing and challenging risk profiles, remediation actions, and risk treatment strategies; approving risk rating calibrations and materiality thresholds; and ensuring timely escalation of breaches, emerging risks, and strategic decisions to parent committees or the Board. Chair and Govern Critical Risk Committee: Lead the strategic direction and execution of a Tier 1 Risk Committee (e.g., IT Risk Committee), ensuring alignment with enterprise risk appetite and regulatory expectations. Responsibilities include setting meeting agendas, overseeing committee self-assessments, escalating decisions per the Charter and escalation requirements, and driving, decisions, and action items. Provide effective challenge to first-line proposals and maintain ultimate veto authority where applicable. Partner with other leaders in the Non-Financial Risk leaders to develop and mature the Technology Risk Reporting to include inputs to the Technology Risk appetite metrics and other senior management and board level dashboards. This include working with 1LOD leaders to ensure the development of KPIs, KRIs, and KCI risk In partnership with 1st LOD Tech and Cyber Risk and Controls team, develop new program to ensure comprehensive and recurring risk management assessments are conducted and all key controls are implemented Be key leader in any technology incident management activities in partnership with the Operational Resilience Incident Management and 1LOD teams Partner with Chief Administrative Office and Risk Reporting teams to develop KPIs and KRIs for technology risk programs Develop budgets and resource requirements for direct reporting teams Participate in the development of team strategic plans, annual goal and delivery plans, and quarterly and monthly updates and retrospectives
Knowledge/Skills
Broad understanding of existing and emerging technology risks, particularly those to the financial sector, and how to prevent them from impacting Northern Trust Strong understanding of technology regulatory requirements for the financial sectors Strong understanding of cybersecurity and technology risk control frameworks to include but not limited to NIST Cybersecurity Framework, COBIT, ISO, CIS, and CSA Strong aptitude to develop and maintain internal and external business relationships and to leverage those relationships in pursuit of their day to day goals and responsibilities Extensive knowledge of systems security architecture, excellent consultative skills, strong analytical ability and ability to work effectively with clients. Experience with effectively communicating technology risk posture in the context of the business at the executive level Experience with technology risk metrics development and reporting Extensive knowledge of technology risk management to include risk treatment, issues management, control validation, cybersecurity consultation and assessment, risk measurement and reporting, and lines of defense Applies knowledge of key business drivers and the factors that maximize department performance to mitigate against and minimize risk Ability to influence risk decisions with both business and technology organizations without formal authority
Experience
12+ years cybersecurity experience either in an operational role or in risk management role Bachelor degree in computer science or related field of study or comparable work experience Experience leading a team in an operational risk management program with preference for technology experience in any of the three lines of defense Experience leading a regionally disparate team Demonstrated experience in working with senior level clients in a consultative and/or advisory capacity Demonstrated experience in presenting to executive management
Salary Range
250,000 - 325,000
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Information Technology Referrals increase your chances of interviewing at Northern Trust by 2x Get notified about new Head of Information Technology jobs in
Chicago, IL . Itasca, IL $225,000.00-$250,000.00 2 days ago Chicago, IL $210,909.00-$285,000.00 18 hours ago Chicago, IL $193,000.00-$251,000.00 3 weeks ago Greater Chicago Area $138,000.00-$230,000.00 3 weeks ago Division Vice President, Information Technology
Head of Information Technology Department
Chicago, IL $165,000.00-$220,000.00 1 week ago Chicago, IL $181,700.00-$272,500.00 2 months ago Downers Grove, IL $180,000.00-$210,000.00 2 weeks ago Chicago, IL $200,000.00-$275,000.00 3 weeks ago Director of IT & Business Transformation
Wheeling, IL $180,000.00-$200,000.00 1 week ago Executive Director, Head of IT Integration and Operations
Chicago, IL $200,000.00-$220,000.00 2 weeks ago Oak Brook, IL $150,000.00-$250,000.00 6 days ago Executive Director – Enterprise Applications
Downers Grove, IL $180,000.00-$220,000.00 3 months ago Director of IT (Glovia experience a must!)
Schaumburg, IL $130,000.00-$180,000.00 2 weeks ago Chicago - Director, Enterprise Applications
Chicago, IL $250,000.00-$300,000.00 12 hours ago Senior Director, Operational Technologies
Chicago, IL $325,000.00-$400,000.00 1 week ago Senior Director of IT Operations (On-site Work Schedule)
Founding Head of Technology (Future CTO)
Director of Infrastructure - Fast-Growing Insurance Company (Hybrid)
Chicago, IL $160,000.00-$180,000.00 2 weeks ago Director Digital IT Support Services-18052
Global Head of Technology & Infrastructure
Itasca, IL $215,000.00-$230,000.00 2 hours ago Director of IT & Business Transformation
Wheeling, IL $180,000.00-$210,000.00 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr