Northern Trust

Director - Risk Governance and Risk Reporting

Northern Trust$137K — $240K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Computer Science or related field
  • 6-8 years of experience in technology risk management and governance
  • Strong analytical and judgment skills
  • Excellent communication skills
  • Experience in managing diverse teams and driving diversity programs

Responsibilities

  • Manage the Technology Risk Governance and Reporting team
  • Run monthly Technology Risk committee meetings and track action items
  • Facilitate a Technology Risk advisory forum for risk assessment
  • Conduct periodic risk reporting and integrate with central risk management
  • Determine staffing needs and oversee hiring and salary decisions
  • Develop the business unit's strategic plan and ensure objectives are met
  • Create and manage the budget for the unit

Benefits

  • Comprehensive benefits package including medical, dental, and vision
  • 401(k) and pension retirement benefits
  • Paid time off and parental leave
  • Life and accident insurance
  • Discretionary bonus program with potential equity component
Full Job Description

Major Duties :

1. Manages the Technology Risk Governance and Risk Reporting team. Establishes performance standards for the unit. Conducts the performance management process, identifies training and career development
needs.
2. Run monthly Technology Risk committee, including preparation for the meetings / stakeholder engagement, facilitation of meetings, tracking of actions / challenge log items and interactions with other committees / working groups.
3. Run a Technology Risk advisory forum to triage and vet technology risks. Support escalation of material issues and risks to relevant committees and help to drive informed decision making and robust risk mitigation.
4. Facilitate periodic first line Technology risk reporting and integration with central risk management teams for enterprise risk processes.

5. Determines staffing needs, makes hiring and firing decisions, handles
salary administration, and ensures resources are available to
accomplish priorities. Develops and manages diversity programs and
programs for the unit.
6. Participates in developing the business unit strategic plan and
sets goals and priorities based on the direction set for the unit.
Follows through to ensure that objectives are met.
7. Develops unit(s) budget and manages the expenses for the unit.
Knowledge: Requires excellent communication skills, analytical ability, strong judgment and management skills, and the ability to work effectively with client, IT management and staff, vendors and consultants.

Experience: Bachelor degree in Computer Science or a related discipline and at least six, typically eight or more years experience in risk management and governance related to Technology environments or an equivalent combination of education and work experience.

Salary Range:

$137,400 - 240,400 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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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