Specialist, Risk Analytics

Job description

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary

The Financial Risk Management Issue Management Specialist plays a critical role in ensuring the company’s compliance with financial risk-related regulations, policies, standards, and procedures. This position is responsible for coordinating issue identification, management, resolution, and prevention. It will be the subject matter expert on controls, ensuring procedures are designed, implemented, and followed appropriately to reduce both operational and compliance issues and mitigate financial risk.

Major Duties

Issue Management, Tracking, and Resolution:

• Coordinate and lead remediation activities for identified issues, ensuring timely and effective resolution with complete closure packages
• Partner with Risk and Corporate issue management teams
• Process and procedure documentation, review, and testing
• Audit and regulatory review coordination
• Control design, implementation, and testing Coordinate Risk and Control Self-assessment: Lead the Risk and Control Self-Assessment (RCSA) process for the department, ensuring risks and controls are identified, assessed, documented, and monitored in alignment with regulatory and organizational standards.

Quarterly

• Control effectiveness assessments Business Continuity
• Plan ownership, including design and implementation

Knowledge & Experience

• Minimum of 13 years’ experience in Risk management, Compliance, Audit, or Operations within financial services, ideally in areas such as Credit, Liquidity, Market risk with a focus on issue management.

Strong critical thinking and problem-solving skills to support issue identification and remediation, with the ability to come up with creative ideas and lead execution. Very strong written and verbal communication skills to consult with multiple stakeholders across the company and outside auditors and regulators. Must be a strong reader, writer, and speaker with the ability to summarize issues for various audiences and willingness to challenge others’ understanding, ideas, and responses when necessary.

Excellent project management skills and attention to detail, with the ability to manage many different tasks in a fast-paced environment. Must be highly proactive. Strong proficiency in MS Word, PowerPoint, Excel, and ServiceNow Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] , or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.