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- Tasks: Support senior members in remediating regulatory and audit findings with effective communication.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Enjoy a flexible work culture, career growth opportunities, and a commitment to community service.
- Why this job: Be part of a collaborative team making a real impact in risk management and control environments.
- Qualifications: Experience in financial services, strong analytical skills, and effective communication are essential.
- Other info: Northern Trust values inclusivity and offers reasonable accommodations for individuals with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
Strategic Remediation Oversight- Non-Financial Risk Specialist page is loaded Strategic Remediation Oversight- Non-Financial Risk Specialist Apply remote type Hybrid locations London, United Kingdom time type Full time posted on Posted 2 Days Ago job requisition id R136172 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 high-profile specialist role engages with senior members of Northern Trust to provide support to ensure successful remediation of regulator and significant audit findings. The seasoned professional provides practical guidance, functional expertise, and execution rigor to significant remediation activities. A strong and decisive communicator, this individual promotes a collaborative approach to provide support in enhancing the risk and control environment for the organization. The key responsibilities of the role include: Provide effective review and challenge of critical Regulatory/Audit remediation initiatives across NTC including responses, remediation plans, remediation program, and regional and global key deliverables Identify and escalate critical gaps in NTC’s responses and remediation initiatives and present feedback / challenge in management forums, in advance of the formal closure submission Act as an advisor and provide guidance to business and corporate functions in responding to regulatory or audit inquiries, responses, and remediation plans and implementing remediation programs Ensure that remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design, operational effectiveness and sustainability (where applicable) Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the NTC and working closely with subject matter experts on relevant remediation programs Work closely with the Head of Remediation Validation testing to ensure the testing plans are robust and aligned with the remediation activities undertaken and provide support on execution of key validation testing requirements Remain current on regulatory rules and changes within the industry Leverage a strong peer network and tap the industry to identify leading practices The successful candidate will benefit from having: Required Skills / Experience Several experience in financial services, with a number of years’ experience in a financial institution, or similar consulting experience in the financial services industry specifically in a non-financial risk area Strong analytical, leadership, and organizational skills Ability to work under pressure Ability to multitask and demonstrate flexibility to change plans at short notice Ability to communicate effectively in both oral and written forms, with all levels of staff and management Demonstrate strong initiative and interpersonal skills, sound decision-making, analytical and intuitive mind-sets, political awareness, and sensitivity to cultural diversity Ability to manage through critical issues and realign priorities and deliverables as needed Ability to form evaluative judgment(s) based on analysis of information in complicated, unique and dynamic situations Understanding of position and relationship within the overall function to achieve objectives 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. Similar Jobs (5) Financial Risk – Strategic Remediation Oversight remote type Hybrid locations London, United Kingdom time type Full time posted on Posted 2 Days Ago Remediation Validation – Financial Risk Specialist remote type Hybrid locations London, United Kingdom time type Full time posted on Posted 15 Days Ago Regulatory Risk Management Specialist locations London, United Kingdom time type Full time posted on Posted 30+ Days Ago #J-18808-Ljbffr
Strategic Remediation Oversight- Non-Financial Risk Specialist employer: Northern Trust Corp
Contact Detail:
Northern Trust Corp Recruiting Team
MyHRHelp@ntrs.com
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Remediation Oversight- Non-Financial Risk Specialist
✨Tip Number 1
Network with professionals in the financial services industry, especially those who have experience in non-financial risk. Attend industry events or webinars to connect with potential colleagues and learn about best practices in remediation oversight.
✨Tip Number 2
Stay updated on the latest regulatory changes and trends in the financial sector. This knowledge will not only help you in interviews but also demonstrate your commitment to the role and the organisation's objectives.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you've successfully managed remediation initiatives or addressed regulatory challenges. Highlight your analytical skills and ability to communicate effectively with stakeholders.
✨Tip Number 4
Familiarise yourself with Northern Trust’s values and culture. Understanding their commitment to service, expertise, and integrity will help you align your responses during interviews and show that you're a good fit for their team.
We think you need these skills to ace Strategic Remediation Oversight- Non-Financial Risk Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Strategic Remediation Oversight- Non-Financial Risk Specialist position. Understand the key responsibilities and required skills, and think about how your experience aligns with them.
Tailor Your CV: Customise your CV to highlight relevant experience in financial services, particularly in non-financial risk areas. Use specific examples that demonstrate your analytical, leadership, and organisational skills as mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also showcases your understanding of Northern Trust's values and how you can contribute to their mission. Mention your ability to communicate effectively and work collaboratively, as these are key traits for the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial for a role that involves regulatory and audit remediation.
How to prepare for a job interview at Northern Trust Corp
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of the responsibilities and expectations for the Strategic Remediation Oversight role. Familiarise yourself with key terms like 'regulatory remediation' and 'non-financial risk' to demonstrate your knowledge and interest.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think of examples from your past experience where you successfully managed critical issues or led remediation initiatives, and be ready to discuss them in detail.
✨Showcase Your Communication Skills
As a key part of this role involves engaging with senior stakeholders, practice articulating your thoughts clearly and confidently. Be prepared to explain complex concepts in simple terms, showcasing your ability to communicate effectively at all levels.
✨Demonstrate Your Analytical Thinking
Highlight your analytical skills by discussing how you've approached data analysis or risk assessment in previous roles. Be ready to explain your thought process and how you arrived at your conclusions, as this will be crucial in the role.
