RCSA Oversight Senior Consultant

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.

Summary:

Responsible for providing independent Second Line of Defense (2LoD) oversight for the Risk Control Self-Assessment (RCSA) program activities through objective risk assessment, effective challenge, monitoring, and reporting of the Bank's Risk Profile, to ensure adherence to the program and regulatory requirements. The ideal candidate should have strong verbal and written communication skills, be detail oriented be able to manage multiple priorities in a fast-paced dynamic environment, can challenge the group think mindset and have an inquisitive nature that allows them to ask probing questions. 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 and be able to apply critical thinking to review and challenge the information provided. 

Responsibilities:

• Provide 2LOD effective challenge and oversight ensuring risks and controls are inventoried accurately, adhere to program requirements and align to defined risk taxonomies.
• Engage with other stakeholders and business partners to help ensure key relevant risks and controls are identified, assessed, and documented.
• Provide objective oversight of risks through quality control using defined methodologies and subject matter expertise.
• Analyze RCSA results and prepare reports that highlight themes, root causes, and emerging risks.
• Advance the company's risk culture and program knowledge through training, education and communication.
• Provide consultation support for RCSA program enhancements and initiatives.
• Develop requirements for program-specific reporting; including scorecards/dashboards.
• Perform other duties as assigned.

Qualifications:

• Bachelor's Degree and 2-5+ years plus of experience in risk management and/or governance role; with focus on RCSA
• Demonstrable experience of Enterprise Risk / Operational Risk management
• Ability to quickly learn the Bank’s RCSA procedures, processes and systems
• Proven track record of delivering timely, high-quality results
• Ability to leverage relationship management capabilities and problem solve
• Excellent interpersonal and communication skills, both verbal and written

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.