Northern Trust

Specialist, Operational Resiliency - Asset Management

Northern Trust  •  London, GB (Onsite)  •  9 days ago
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Job Description

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.

Role / Department

Northern Trust Asset Management (NTAM) is an over a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.

The Senior Consultant role within the NTAM EMEA Control team, responsible for the oversight, reporting and execution of the Operational Resiliency initiatives. It will involve supporting the global rollout of the Operational Resiliency Framework across NTAM, inclusive of the identification of important business services, defining impact tolerances, value chain mapping, testing and remediation. This role will also help drive impact by developing, supporting and establishing strong governance models to strengthen the control environment as it relates to operational resiliency.

Duties and Responsibilities include:

  • Lead, coordinate and drive the NTAM response to Operational Resilience.
  • Understand the regulatory Operational Resilience landscape globally, in order to effectively work alongside and support Subject Matter Experts across NTAM.
  • Support the ongoing review and oversight of NTAM adherence with the Operational Resilience Policy and Standard.
  • Represent NTAM in discussions with SMES across other Northern Trust Business Units.
  • Facilitate the overall maintenance of the key components of operational resiliency (Important Business Services, Impact Tolerances, Value Chain mapping, Scenario Testing) driving consistency across NTAM.
  • Key lead in business dependency oversight; monitoring of risks and vulnerabilities across all NTAM services. This will include the input into required Management Information reporting, identification of issues, and the tracking of any required remediation.
  • Design and produce relevant resiliency metrics in support of the resiliency strategy considering both an NTAM and Legal Entity perspective.
  • Establish and support the resiliency governance model within NTAM.
  • Monitor and analyse the impact of new products and organisational change on the NTAM resiliency strategy.
  • Engage and educate business leaders and Boards on the scope and need for operational resiliency oversight.
  • Partner effectively with business, risk, audit, legal, compliance, regulators and technology control functions to drive consistent and effective operational resiliency practices.

Skills / Qualifications:

  • Bachelor’s degree or equivalent experience.
  • 5 - 7+ experience working in an Asset Management organization with a demonstrated track record of operational risk management and/or Operational Control/Resiliency.
  • Expert knowledge of operational resiliency including disaster/business recovery, business continuity management, 3rd party vendor/outsourcing, corporate risk policies and standards 
  • Strong understanding of risk management practices and how they apply in Financial Services organizations including the impact of regulation on operational resiliency matters
  • Ability to drive to execution through Strong prioritization skills
  • Adept at and with a proven track record of working across multiple areas of businesses and functions.

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.

Northern Trust

About Northern Trust

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity.

A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence.

Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across five core business units:

Wealth Management

Asset Management

Asset Servicing

Technology

Corporate Functions

Join a Team That’s Made for Greater

At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you.

As of December 31 2024, Northern Trust had:

$16.8

trillion assets under custody/administration

$13.3

trillion in assets under custody

$1.6

trillion in assets under management

$156

billion in banking assets

Stay connected with us:

NT Careers Facebook - https://www.facebook.com/ntcareers

Northern Trust Instagram - https://www.instagram.com/northerntrustcompany/

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Chicago, Illinois
Year Founded
1889
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