At a Glance
- Tasks: Support Capital Markets Operational Resiliency and Third Party Risk programs through daily activities and stakeholder engagement.
- Company: Join Northern Trust, a Fortune 500 financial institution with over 130 years of experience and innovation.
- Benefits: Enjoy a flexible, collaborative culture with opportunities for career growth and community service involvement.
- Other info: This is a full-time, mid-senior level role based in London, England.
- Why this job: Be part of a purpose-driven team that values diversity, inclusivity, and innovative ideas.
- Qualifications: Knowledge of operational resiliency and Capital Markets; strong communication and organisational skills required.
The predicted salary is between 43200 - 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.
Reporting to the Capital Markets Risk and Resiliency manager, this is a first-line role within the Capital Markets business supporting Capital Markets Operational Resiliency and Third Party Risk programs. This role will interact closely with the Asset Servicing Operational Resiliency office to support adherence to the Corporate Risk Policy and help ensure that Third Party risks are appropriately managed, evidenced, and escalated as needed. The opportunity includes engagement with various stakeholders across the organization, including senior leaders. Therefore, excellent communication skills and knowledge of the Capital Markets business are essential.
Key Responsibilities
- Perform daily activities to align the Operational Resiliency and Third Party Risk programs.
- Support local regulatory and audit engagements related to Operational Resiliency and Third Party Risk, including supporting remediation activities.
- Participate in analyzing critical business services, defining scope, interdependency analysis, impact tolerance, vulnerability assessments, developing action plans, and testing readiness through severe but plausible scenarios.
- Assist senior team members in first-level reviews of internal and external Third-Party Risk events and issues, ensuring root causes are identified and remediation actions are appropriate.
- Lead or support in creating and recertifying Enterprise Critical Vendor (ECV) exit strategies and tabletop exercises.
- Partner with legal, compliance, procurement, and business units to ensure vendor engagements comply with risk frameworks and regulations.
- Support the implementation of the Capital Markets strategy through participation in special projects.
Knowledge/Skills
- Knowledge of operational resiliency, including disaster/business recovery, business continuity, third-party vendor management, and risk policies.
- Strong understanding of Capital Markets is preferred.
- Excellent verbal and written communication skills.
- Strong organizational, attention to detail, time management, and planning skills, with the ability to handle multiple priorities.
- Proven track record of prioritizing and completing deliverables on time.
- Experience in operational resiliency, third-party risk management, or Capital Markets.
Working With Us
As a Northern Trust partner, you will be part of a flexible, collaborative culture in a financially stable organization that values new ideas. Movement within the organization is encouraged, senior leaders are accessible, and we are committed to community service. Join us and build your career with a purpose. We value diversity and inclusivity. If you need accommodations during the employment process, contact our HR Service Center at MyHRHelp@ntrs.com. Apply today and discuss your flexible working needs with us to achieve greater together.
Additional Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Management and Manufacturing
We are hiring in London, England, UK, with recent postings within the last few weeks.
Vendor Management Operational Resilience Consultant in London employer: Northern Trust
Northern Trust is an exceptional employer that fosters a flexible and collaborative work culture, encouraging innovation and the sharing of new ideas. With a commitment to employee growth and accessibility to senior leaders, team members can thrive in their careers while contributing to meaningful community service initiatives. Located in London, this role offers the unique advantage of working within a prestigious financial institution that values diversity and inclusivity, making it an ideal place for professionals seeking a rewarding career in the Capital Markets sector.
StudySmarter Expert Advice🤫
We think this is how you could land Vendor Management Operational Resilience Consultant in London
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in operational resiliency and third-party risk management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the Capital Markets sector, especially those involved in operational resiliency. Attend industry events or webinars to connect with potential colleagues and learn more about the challenges they face, which can give you an edge in discussions.
✨Tip Number 3
Prepare to discuss specific scenarios where you've successfully managed risks or improved processes in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your problem-solving skills and experience.
✨Tip Number 4
Research Northern Trust's values and recent initiatives related to operational resiliency. Tailoring your conversation to align with their mission and demonstrating how your background fits into their culture can significantly enhance your chances of making a positive impression.
We think you need these skills to ace Vendor Management Operational Resilience Consultant in London
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and requirements of the Vendor Management Operational Resilience Consultant position. Tailor your application to highlight relevant experience in operational resiliency and third-party risk management.
Craft a Strong CV:Your CV should clearly outline your experience in Capital Markets and any relevant skills related to operational resiliency. Use bullet points to make it easy to read and ensure that your achievements are quantifiable where possible.
Write a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that demonstrate your communication skills and ability to manage multiple priorities, as these are crucial for the position.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are essential in the financial sector.
How to prepare for a job interview at Northern Trust
✨Understand Operational Resiliency
Make sure you have a solid grasp of operational resiliency concepts, including disaster recovery and business continuity. Be prepared to discuss how these principles apply to vendor management and third-party risk.
✨Showcase Your Capital Markets Knowledge
Since the role requires a strong understanding of Capital Markets, brush up on current trends and challenges in this area. Be ready to share insights or experiences that demonstrate your expertise.
✨Communicate Clearly and Confidently
Excellent communication skills are essential for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics related to risk management and vendor compliance.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to manage risks or lead projects, and be ready to explain your thought process and outcomes.
