Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead operational support for vendor management and collaborate with teams on risk management.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy a flexible work culture, opportunities for movement, and a commitment to community service.
- Why this job: Be part of an innovative team that values your ideas and fosters professional growth.
- Qualifications: Experience in vendor management or procurement, strong analytical skills, and proficiency in Microsoft tools required.
- Other info: Northern Trust is committed to inclusivity and offers reasonable accommodations for individuals with disabilities.
The predicted salary is between 48000 - 72000 £ per year.
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/Department: This individual will be responsible for leading operational support of the Vendor Management Program for a portfolio of vendors at Northern Trust. This role will interact with vendor managers at the Business Unit level as well as other internal teams involved in the TPRM (Third Party Risk Management) program. Will lead activities such as formulating goals, objectives, and timelines; will collaborate with management to understand requirements; and will analyze market and industry conditions.
The key responsibilities of the role include:
- Facilitate meetings with assigned region vendor managers on all aspects of the TPRM program and consult on required templates/documents.
- Track, follow up, and monitor timely completion of the required TPRM documents by regional BU vendor managers.
- Conduct periodic training sessions to assigned region BU vendor managers on the requirements and changes to the NT TPRM program.
- Perform Quality Control/Audits (QC/A) and activities required for review & approval by either internal to the team or by the TPRM program.
- Assist with resolving regional escalated issues and monitor timely resolution by BU vendor managers.
- Perform reporting to BU Senior Management and other NT internal groups on the status, issues, and risks of the program for the assigned region.
- Use sophisticated analytical thought to exercise judgement and identify innovative solutions.
- Impact the achievement of customer, operational, project or service objectives.
Skills/Experience: Previous experience of either sourcing/procurement, vendor management; third-party oversight experience with a large financial institution. Demonstrated experience leading projects with manageable risks and resource requirements; experience building project teams and functioning as a resource for colleagues with less experience. Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines; understands how own area integrates with others. Excellent verbal and written communication skills; explains difficult or sensitive information in a manner that aligns with audience; skilled at building consensus with stakeholders. Demonstrates strong analytical skills with the ability to generate complex reports. Highly flexible and adaptable to change in a high demand environment. Proficiency in Microsoft Word, Excel, PowerPoint as well as data analytic tools including PowerBI.
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! 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.
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. 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.
Enterprise Critical Vendor Manager employer: Northern Trust
Contact Detail:
Northern Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Critical Vendor Manager
✨Tip Number 1
Familiarise yourself with the Third Party Risk Management (TPRM) framework. Understanding the nuances of TPRM will not only help you in interviews but also demonstrate your commitment to the role and its responsibilities.
✨Tip Number 2
Network with professionals in vendor management or procurement within financial institutions. Engaging with industry peers can provide insights into best practices and may even lead to referrals for the position.
✨Tip Number 3
Brush up on your analytical skills, especially with tools like PowerBI. Being able to showcase your ability to generate complex reports and insights will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience in leading projects and managing teams. Highlight specific examples where you've successfully navigated challenges, as this will resonate well with the expectations of the role.
We think you need these skills to ace Enterprise Critical Vendor Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Enterprise Critical Vendor Manager position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Tailor Your CV: Customise your CV to reflect the specific skills and experiences that align with the role. Emphasise your previous experience in vendor management, third-party oversight, and any relevant project leadership roles.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for Northern Trust. Highlight your analytical skills, communication abilities, and adaptability to change, as these are crucial for the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is essential for the Enterprise Critical Vendor Manager position.
How to prepare for a job interview at Northern Trust
✨Understand the Vendor Management Landscape
Familiarise yourself with the key concepts of vendor management and third-party risk management (TPRM). Be prepared to discuss your previous experiences in these areas, especially how you've handled vendor relationships and compliance in a financial context.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, come prepared with examples of complex reports you've generated or data analyses you've conducted. Highlight how your insights led to innovative solutions or improved processes.
✨Communicate Effectively
Demonstrate your excellent verbal and written communication skills during the interview. Practice explaining complex information clearly and concisely, as you will need to build consensus with various stakeholders in this role.
✨Be Ready for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and adaptability. Think of specific instances where you've successfully navigated challenges in vendor management or project leadership, and be ready to share those stories.
