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Northern Trust

Risk & Control Self-Assessment (RSCA), Senior Consultant

Northern Trust, Chicago, Illinois, United States, 60290

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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.

Risk & Control Self-Assessment (RSCA), Senior Consultant

Summary

The Senior Consultant operates within the First Line of Defense Shared Service team to help the business execute the RCSA program ensuring compliance with program framework and guidance.

The successful candidate serves as a subject matter expert by advising and guiding the business to properly identify risks and controls and documenting them appropriately. Additionally, RCSAs Lead and run workshops, collaborating with various stakeholders while influencing parties towards strategic goals.

In order to perform this role, a high level of interaction is required with senior leaders and business areas at all levels of the organization.

The Key Responsibilities Will Include

Execute on Northern Trust’s RCSA program by facilitating a value-added RCSA product that captures the risk and control environment of the business while adhering to policy, standards, and guidebook requirements. Management of the RCSA program deliverables - action plans, post effectiveness testing, risk and control evaluation, etc. Review workflows to identify and drive management of risks associated with the program and improve overall control environment. Contribute to the development, maintenance, and ongoing enhancement of RCSA program Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs). Strong stakeholder engagement to ensure identification of risk and control gaps and issues and timely completion of actions to meet deadlines. Collaborate with senior management risk partners and lines of business partners to coordinate operational risk management activities. Manage or lead projects aimed at improving the overall program.

Skills/ Experience

Strong financial services experience, specifically within operational risk, control, or resiliency. Working knowledge of risk and operational management concepts and the ability to understand and interpret the impact of decisions, as well as identify and convey potential problem areas. Strong communication skills with the ability to engage in a clear, concise and effective manner, both verbal and written. Ability to foster a positive and initiative-taking approach to process assessment and improvement and to identify trends and improve processes for both the customer and the business. Ability to handle multiple competing priorities, prioritize tasks and focus on delivery with periodic reporting on progress. Ability to make independent decisions with minimal guidance. Familiarity with Fusion and /or ServiceNow or similar software.

#Hybrid

Salary Range

$83,100 - 141,300 USD

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 Mid-Senior level Employment type

Employment type Full-time Job function

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