at Northern Trust Company in Chicago, Illinois, United States
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.
This individual will be responsible for providing operational support for the Vendor Management Program by facilitating, developing an contributing to effective vendor management for a portfolio of vendors at Northern Trust. This role will interact with vendor managers as well as other internal teams involved in the TPRM (Third Party Risk Management) program in activities such as formulating goals, objectives, and timelines; collaborating with management to understand requirements; and analyzing market and industry conditions.
Major Duties:
Responsible for performing ongoing monitoring activities for HR vendors for an assigned region to ensure compliance with the requirements of the NT TPRM (Third Party Risk Management) program
Facilitate meetings with assigned region vendor managers on all aspects of the TPRM program and consult on required templates/documents
Track, follow up, and monitor timely completion of the required TPRM documents by regional BU vendor managers
Conduct periodic training sessions to assigned region BU vendor managers on the requirements and changes to the NT TPRM program
Perform Quality Control/Audits (QC/A) and activities required for review & approval by either internal to the team or by the TPRM program
Assist with resolving regional escalated issues and monitor timely resolution by BU vendor managers
Perform reporting to BU Senior Management and other NT internal groups on the status, issues and risks of the program for the assigned region.
Knowledge :
Strong organizational and project management skills
Demonstrates strong analytical skills with the ability to generate complex reports on a regular and ad hoc basis
Proficiency in Microsoft Word, Excel, PowerPoint as well as data analytic tools including PowerBI.
Requires expanded conceptual knowledge in own job discipline
Understands key business drivers; uses this understanding to accomplish own work
Experience :
A College/University degree in Supply Chain, Finance or Risk and/or other appropriate academic major is preferred, or the equivalent 3-5 years of procurement operations/buyer/customer service experience; experience with a public accounting firm and/or a supplier management / vendor management environment is preferred.
#LI-Hybrid
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
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
