Data Risk Specialist (Finance)
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
The Enterprise Data & Analytics (EDA) team is looking to hire an Enterprise Data Risk Associate Specialist. The successful candidate will be responsible for providing thorough, accurate, and well-written responses to regulatory inquiries and internal audit requests pertaining to data and technology. This role will involve collaborating with various teams across the enterprise to gather relevant information, ensure data-related requests are met appropriately, and demonstrate successful implementations and remediations. The successful candidate will also have a strong background in both Risk Management and Data & Analytics, as well as a talent for storytelling, narrative-building, and writing in general.
Major Duties
Oversee and document the progress and completion of the most complex Enterprise-wide initiatives pertaining to Data Risk and its respective regulatory requirements. Compose remediation closing packages to ensure evidence is successfully captured for internal audiences, including Audit and various committees of Northern Trust's Board of Directors, as well as external regulatory audiences, such as the Federal Reserve Board (FRB). Leverage strong relationship management skills, ensuring key stakeholders are compliant to various Policies and Standards pertaining to Data and leveraging expertise. Liaise between Data/Technology teams and various internal Quality Control and Audit entities, ensuring technical expertise and accomplishments are successfully communicated, evidenced, and comprehensible to non-specialist stakeholders and third parties. Operate flexibly within multi-year, Enterprise-wide project plans at the Capability, Milestone, and Task level, ensuring evidencing deadlines are met to a high degree of quality. Challenge, when appropriate, approaches taken regarding Data Risk and remediations. Travel, approximately twice a year, to internal committees and forums, and potentially industry conferences, to build relationships, identify emerging data risks for Northern Trust, and maintain up-to-date knowledge of relevant regulations and industry best practices. Build (and potentially deliver) presentations to C-Suite audiences pertaining to the above.
Knowledge/Skills
- Excellent analytical skills and the capability to validate and challenge data solutions
- In-depth knowledge of global regulations pertaining to Data Risk, preferably including BCBS-239, "Principles for effective risk data aggregation and risk reporting" (The RDARR Principles)
- Superior verbal and written communication skills, including the ability to develop digestible and well-flowing narratives out of highly complex, technical concepts and achievements
- Strong leadership and organizational skills, including flexibility and adaptability to change
- Capacity to multitask across disparate workstreams while remaining detail-oriented
Experience Required
- Bachelor's Degree or 4 additional years of work history6 or more years of Risk and Data experience, including audit/regulatory response writing
Salary Range:
$95,600 - 162,400 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.
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.
