Director - Risk Governance and Risk Reporting

About the role

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution with over 130 years of financial experience and over 22,000 partners. Northern Trust is dedicated to providing innovative financial services and guidance to the world’s most successful individuals, families, and institutions while maintaining its core principles of service, expertise, and integrity.

Major Duties

• Manages the Technology Risk Governance and Risk Reporting team.
• Establishes performance standards for the unit.
• Conducts the performance management process, identifies training and career development needs.
• Runs monthly Technology Risk committee, including preparation for the meetings / stakeholder engagement, facilitation of meetings, tracking of actions / challenge log items and interactions with other committees / working groups.
• Runs a Technology Risk advisory forum to triage and vet technology risks.
• Supports escalation of material issues and risks to relevant committees and helps drive informed decision making and robust risk mitigation.
• Facilitates periodic first line Technology risk reporting and integration with central risk management teams for enterprise risk processes.
• Determines staffing needs, makes hiring and firing decisions, handles salary administration, and ensures resources are available to accomplish priorities.
• Develops and manages diversity programs and programs for the unit.
• Participates in developing the business unit strategic plan and sets goals and priorities based on the direction set for the unit.
• Follows through to ensure that objectives are met.
• Develops unit(s) budget and manages the expenses for the unit.

Knowledge

• Excellent communication skills.
• Strong analytical ability.
• Strong judgment and management skills.
• The ability to work effectively with clients, IT management, staff, vendors, and consultants.

Experience

• Bachelor degree in Computer Science or a related discipline.
• At least six, typically eight or more years experience in risk management and governance related to Technology environments or an equivalent combination of education and work experience.

Benefits

• 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.
• Other voluntary and well-being benefits.
• Discretionary bonus program that may include an equity component.

Working With Us

We offer a flexible and collaborative work culture in an organization where financial strength and stability are assets that encourage exploration of new ideas. Movement within the organization is encouraged, senior leaders are accessible, and we are committed to assisting the communities we serve!

Reasonable Accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. Please email MyHRHelp@ntrs.com if you need a reasonable accommodation for any part of the employment process.