Director - Risk Governance and Risk Reporting

Northern Trust • Chicago, IL

1d

About The Position

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.

Requirements

• 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.
• 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.
• 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)

Responsibilities

• 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.
• 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.
• 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.
• Facilitate periodic first line Technology risk reporting and integration with central risk management teams for enterprise risk processes.
• 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.
• 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.
• Develops unit(s) budget and manages the expenses for the unit.

Benefits

• 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
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Director