The Risk Treatment Specialist is a key position within Northern Trust’s Enterprise Risk Management (ERM) function, charged with the responsibility of overseeingissuesmanagement and risk treatment. Sitting within the 2ndline of defense, this Specialist reports to the Head of Risk Treatment and will play an important rolein governing issues management and risk treatment and related activities establishingdeep relationships with the 1stline of defense and other key stakeholders. The core responsibilities encompass oversight of governance, program adherence, system integration, and thematic analysis. The Risk Treatment Specialist role will support the Head of Risk Treatment is fostering a proactive approach toissuesmanagement across the lines of defense.

The key responsibilities of the role may include:

• Support sustaining and embedding issues management and risk treatment practices across lines of defense through adherence monitoring

• Maintain applicable ERM Policies, Standards, and Procedures for issues management and risk treatment

• Produce impactful and insightful thematic analysis to support proactive risk management

• Maintain monitoring and oversight of issues management, policy exceptions, and tracking and reporting on alignment with applicable ERM Policies and Standards

• Engage with Data & Technology teams and Risk Enablement team for relevant GRC tooling enhancements and bug remediation to ensure continued alignment to Policies and Standards

• Interact withrisktreatment andissues managementleadership across the organizationto clearly articulateworkflow requirements

• Work across the lines of defense to coordinatechanges, providereviewand challenge, and respond to audit and regulatory requirements

The successful candidate will benefit from having:

• 10+years of Risk Management experience to include one of the following: Operational Risk, Financial Risk, Cyber Resilience, Cybersecurity, Risk Management, IT Risk and Control, and/or IT Audit 

• Strong working knowledge of theinherent risks in the financial services industry

• Demonstrated knowledge and experience in designing, training, and monitoring enterprise risk treatment practices, supporting effective implementation and sustainability

• Proven capability in high-quality execution, including both independentexecution, as well as influencing cross-functional stakeholders to drive change

• Experience with risk treatment and issues management functions and industry tools to support the program (i.e.ServiceNow, Fusion,Coupa)

• The ability to think strategically, creatively, and logically to solve problems and drive risk management enhancements

• The ability to lead projects from conception through execution and sustainment,leveragingsound change management principles and technical capabilities to arrive at the optimalsolution

• Analytical and communication skillsrequiredto summarize and analyze information

• Organizational skillsrequiredto coordinate risk related activitieswith peers and senior executives

• Advanced Microsoft Office 365 skills  

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)

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