Senior Consultant, Third Party Risk Management

Northern Trust is a globally recognized financial institution that provides innovative financial services and guidance to the world's most successful individuals, families, and institutions. The Senior Consultant, Third Party Risk Management, will oversee and govern third-party relationships, maintain a holistic view of their performance, and help rationalize supplier redundancy. The role requires strong consultative, analytical, and project management skills, as well as excellent communication and presentation skills.

Requirements

• An undergraduate degree in Risk or Finance and/or other appropriate academic major or 10 years of experience in Third Party Risk Management at a regulated financial institution.
• Demonstrated hands-on experience working with vendors/clients in other large financial institutions in a 3rd party Risk/ Vendor Management oversight practice.
• 10 years of experience as a Third Party Relationship Manager for large complex services providers that span multiple line of business.
• Experience leading small cross-functional teams or projects with moderate risk and/or complexity.
• Strong project management skills with experience leading projects in a highly matrixed agile organization.
• Advanced analytical and financial modeling skills using Excel, with ability to organize, structure and process moderate to large sets of data efficiently and effectively into meaningful and actionable insights.
• Data Visualization skills using Tableau, Power BI or equivalent tools is highly desirable.
• Highly flexible, adaptable to change and comfortable in a dynamic and fast paced work environment.
• Excellent prioritization skills and comfort dealing with ambiguity.

Benefits

• 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.
• Discretionary bonus program that may include an equity component.