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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 36000 - 60000 ÂŁ 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.
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 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
✨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 storytelling skills! Be ready to share specific examples of how you've tackled risk management challenges in the past. This will help you stand out and demonstrate your expertise in a relatable way.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest in the role and highlighting a key point from your conversation can keep you top of mind for the hiring team. Plus, it shows your enthusiasm for the position!
We think you need these skills to ace Risk & Control Manager - Specialist, Control - Asset Management
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management and asset management. We want to see how your skills align with the key duties and responsibilities outlined in the job description.
Showcase Your Communication Skills: Since outstanding communication is crucial for this role, include examples of how you've effectively communicated complex ideas in previous positions. We love seeing candidates who can articulate their thoughts clearly and persuasively.
Highlight Your Project Management Experience: Demonstrate your ability to drive execution through strong project management skills. Share specific examples where you’ve successfully managed multiple priorities and delivered results, as this is key for the Risk & Control Manager position.
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 your enthusiasm for joining our team!
How to prepare for a job interview at Northern Trust
✨Know Your Risk Management Basics
Before heading into the interview, brush up on your understanding of risk management and asset management practices. Be ready to discuss how you can apply these principles in real-world scenarios, especially in relation to the role at Northern Trust.
✨Showcase Your Project Management Skills
Prepare examples that highlight your project management and prioritisation skills. Think of specific instances where you successfully drove execution across multiple business areas, as this will resonate well with the interviewers.
✨Demonstrate Strong Communication Abilities
Practice articulating your thoughts clearly and concisely. Since the role requires outstanding communication skills, be prepared to present complex ideas simply, as if you were addressing an executive audience or regulators.
✨Build Rapport with Stakeholders
Think about how you can leverage your relationship-building skills during the interview. Be ready to discuss how you've collaborated with various stakeholders in the past to resolve operational errors and implement effective solutions.