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- Tasks: Oversee risk management and provide advisory services to enhance control frameworks.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience.
- Benefits: Flexible work culture, career growth opportunities, and commitment to community service.
- Why this job: Make a real impact in asset management while collaborating with diverse teams.
- Qualifications: 8+ years in financial services with strong risk management skills.
- Other info: Inclusive workplace that values flexibility and innovation.
The predicted salary is between 60000 - 80000 £ 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: 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.
- Assist in the identification of vulnerabilities, suggest remediation activities, and work 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.
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.
For further information, and to apply, please visit our website via the "Apply" button below.
Risk & Control Manager - Specialist, Control - Asset Management in London employer: Northern Trust
Contact Detail:
Northern Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk & Control Manager - Specialist, Control - Asset Management in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and asset management sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching Northern Trust's values and recent news. Tailor your responses to show how your experience aligns with their mission of service and integrity. We want to see that you’re not just a fit for the role, but also for the company culture!
✨Tip Number 3
Practice your communication skills! Since this role requires outstanding verbal and written abilities, consider doing mock interviews with friends or using online platforms. The more comfortable you are articulating your thoughts, the better you'll perform.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining Northern Trust and being part of our collaborative work culture.
We think you need these skills to ace Risk & Control Manager - Specialist, Control - Asset Management in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Risk & Control Manager role. Highlight your project management and risk assessment abilities, as these are key for us at Northern Trust.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about asset management and how your background makes you a great fit for our team. Be sure to mention specific experiences that relate to the job description.
Showcase Your Communication Skills: Since this role requires outstanding communication, make sure your application materials are clear and concise. We want to see your ability to convey complex ideas simply, as you would in a professional setting.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive!
How to prepare for a job interview at Northern Trust
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of risk management and asset management practices. Be ready to discuss how you've handled risk events in the past and what strategies you've implemented to mitigate them.
✨Showcase Your Communication Skills
Since this role requires outstanding communication skills, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex information to different stakeholders, including executives and regulators.
✨Demonstrate Your Project Management Prowess
Be prepared to talk about your project management experience. Highlight specific instances where you've successfully driven projects to execution, especially in a financial services context. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Build Rapport with Interviewers
Remember, relationship building is key! Engage with your interviewers by asking insightful questions about their experiences at Northern Trust. This not only shows your interest but also helps you gauge the company culture and values.