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New and Changing Business Activity Senior Consultant - R128234

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.

The New and Changing Business (NCBA) Risk Consultant role for the Enterprise Risk organization is part of the second line of defense (2LOD) Global Non-Financial Risk (NFR) Organization. As the NCBA Consultant, you will be working closely with the NCBA Director, Business Unit Risk Managers, and Product Managers. In your role, you will support the implementation of the enhanced enterprise wide NCBA program while supporting business as usual activities, in partnership with key first line of defense (1LOD) and 2LOD partners.

The key responsibilities of the role include:

  • Support the New & Changing Business Activities Program as part of an enterprise-wide risk and control program transformation.
  • Help shape the enterprise product lifecycle to achieve our vision of delivering the most secure financial products in the industry.
  • Proactively manage dependencies, 'reusable assets,' roadblocks and learning points
  • Support program assessments and reporting on program performance/
  • Help shape best practices, standards, and toolkit.
  • Support development and implementation of monitoring, testing, oversight framework(s), and holistic governance structure for the NCBA program
  • Perform continuous monitoring with improvement planning.
  • Collaborate with testing functions across all lines of defense as part of the NCBA program integration.



The successful candidate will benefit from having:

  • Proven experience supporting change management activities and programs at a financial services organization, preferably a GSIB.
  • Understanding of different risks and controls across financial and non-financial areas
  • Strong problem-solving skills (e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues)
  • Strong analytical skills (e.g., financial analysis, budgeting, strategic planning)
  • Deep understanding of project management and portfolio management techniques and methods (i.e., what good looks like), change management principles, and how to build high-performing teams.
  • At-scale project management experience across a portfolio of initiatives (e.g., defining objectives and success metrics, developing execution plans, identifying, and managing dependencies, anticipating, and resolving roadblocks, ensuring that the project teams stay on track, proactively managing dependencies and making purposeful trade-offs)
  • Ability to move people to act (e.g., convening, structuring, owning the agenda and facilitating meetings and workshops to lead groups to agreement and commitment to execute)
  • Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams)
  • Ability to communicate effectively verbally and in writing with all audiences, including senior leaders, in a structured manner, including on high-sensitivity...

    Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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Job Posting: 12040299

Posted On: Jul 11, 2024

Updated On: Aug 10, 2024

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