Risk & Control Manager - Specialist, Control - Asset Management at Northern Trust

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Project Management, Prioritisation, Risk Assessment, Change Management, Relationship Building, Collaboration, Communication, Influencing, Stakeholder Management, Decision Making, Situational Awareness, Risk Management, Asset Management, Regulatory Compliance, Operational Risk Management

Industry

Investment Management

Description

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. Role: Northern Trust Asset Management (NTAM) is an over a trillion-dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives. Based in the First Line of Defense (1LoD), you will be responsible for oversight, reporting and execution of the Risk Event management framework, and assisting control owners within the Asset Management business unit with developing and maintaining a sustainable control framework. Key Duties and Responsibilities: Provide advisory services on risk event matters and work proactively with business contacts and management to identify and implement effective and efficient solutions. Provide the necessary guidance and oversight to first line business units to ensure adherence with the group non-financial risk initiatives. Perform independent loss event investigations and lessons learnt analysis, document findings in accordance with operational risk management standards. Undertake focused deep dives into new and developing Risk themes. Assists in the identification of vulnerabilities, suggests remediation activities, and works with the business to address gaps and enhancements to plans/strategies/processes/playbooks. Support reporting on the Risk events, identified themes and management actions. Leverage stakeholder management skills to facilitate the resolution of complex, operational errors leveraging the appropriate resources within or outside the department. Monitor the status of remediation actions and provide periodic updates to applicable stakeholders. Knowledge and Skills: Ability to drive to execution through strong project management and prioritisation skills. Adept at and with a proven track record of working across multiple areas of businesses and functions. Ability to assess risk, identify and communicate solutions, and drive change. Dynamic relationship building and partnership skills; a strong collaborator across multiple groups and stakeholders. Outstanding communication and influencing skills, both written and verbal, with demonstrated ability to develop materials for an Executive and Risk and Audit audience as well as regulators. Demonstrated track record of operating independently on multiple priorities with minimal oversight. Global outlook with sensitivity and awareness of social and cultural differences. Strong situational awareness and decision-making capabilities. Strong understanding of risk management and asset management practices. Solid understanding of regulatory, compliance and legal environment within the Asset Management industry. Experience and Education: Bachelor’s degree or equivalent experience 8+ years in financial services, consulting, operational risk management or audit with a demonstrated track record of operational risk management. Experience working in an Asset Management or Asset Servicing organisation. 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.

Responsibilities

The role involves oversight, reporting, and execution of the Risk Event management framework within the First Line of Defense for Asset Management, while also assisting control owners with developing a sustainable control framework. Key duties include providing advisory services on risk events, performing loss event investigations, and supporting reporting on identified themes and management actions.