Third Party Management - Oversight Committee and Reporting Lead (Finance)
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.
Major Duties :
• Perform reporting to TPMO Management and other NT internal groups on the status, issues, and risks of the third party program.
• Collate all data points into slide templates used to present "state of the program" overviews to business unit leaders and executives, and subject matter experts.
• Gather data, metrics, SLA's and other data points used to generate routine monthly reporting decks; duty also extends to on-demand/non-cycle based reporting.
• Facilitate the committee meeting process - schedule committee meetings, confirm attendee availability, confirm quorum exists, call for votes and manage online voting tool, document meeting minutes and action items.
• Track, follow up, and monitor timely completion of action items generated in such meeting routines.
• Must be able to organize various information and notations used to create such presentations in a manner that would audit or regulators to recreate the presentation material and draw the same conclusions presented.
• Uses analytical thought to consider subject matter and exercise judgement to identify and propose innovative solutions.
• Impacts the achievement of operational, project and risk related service objectives.
Knowledge :
• Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines; understands how own area integrates with others.
• Excellent verbal and written communication skills; explains difficult or sensitive information in a manner that aligns with audience; skilled at building consensus with stakeholders.
• Demonstrates strong analytical skills with the ability to generate complex reports.
• Highly flexible and adaptable to change in a high demand environment.
• Advanced PowerPoint skills; proficiency in Microsoft Outlook, Word, Excel, as well as data analytic tools including PowerBI.
Experience :
• An undergraduate degree in a field that demonstrates ability to perform the Duties.
• 5-7 years of experience in the financial services industry, other highly regulated environment, or other relevant business/industry experience that show ability to perform the Duties.
• Experience collaborating with others and gathering data used to develop presentation decks to convey risks, KPI/SLA compliance, performance, etc for routine reporting committee reports and ad hoc requests
• Inquisitive and questioning mind-set used to perfect data, metrics and graphical representations of data
• Demonstrated hands-on experience working with internal constituents involved in risk, compliance, information security and other third party risk domains.
• Understanding of third party management systems, workflow systems, issues/incident management systems and/or similar systems requiring task based deliverables, statuses, and various approval workflows.
• Demonstrated experience leading projects with manageable risks and resource requirements; experience building project teams and functioning as a resource for colleagues with less experience.
Salary Range:
$95,600 - 162,400 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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.
