Global Risk Manager-Capital Markets

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 worlds most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 yearsof financial experience and over 22,000 partners, we serve the worlds most sophisticated clients using leading technology and exceptional service. Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individualrequirements. We strive to have a globally diverse workforce where engagement and inclusion drive business excellence. We believe in the power of collaborative partnerships and are proud to work with a number of organisations across EMEA who provide us with ongoing knowledge,education and insights to support our efforts. We monitor our progress by participating in market benchmarks which assess industry best practice and are delighted to have received a Silver Award from the Mind Workplace Wellbeing Index over two consecutive years, and a Gold Award from the UK Ministry ofDefence Employer Recognition Scheme. Role/ Department: Reporting to the Capital Markets CAO, this first line risk role within the Capital Markets business will manage the team responsible for identifying, measuring, and escalating key risks within the business. The Global Risk Manager will work with business unitstakeholders to mitigate the inherent risks by supporting the development of frameworks and enhanced standards. This role will include engagement with senior leaders within the business and supporting areas, collaboration with second line risk functions, andcommunication with regulators. . Therefore, excellent communication skills and knowledge of the Capital Markets business are essential. The key responsibilities of the role include:

• Manage a global team of Risk specialists responsible for identifying changes to the risk profile of the business and escalating these changes accordingly
• Foster an environment for open dialogue with business unit leaders serving as a trusted advisor on risk related issues
• Provide a forum to review, advise, challenge, and document changes to the Capital Markets product offerings including new products, product enhancements and process changes
• Oversee the ongoing management of the inherent risks identified through risk and control self-assessments.
• Represent Capital Markets in Global Risk forums
• Manage the relationship with the second line risk function
• Serve as the business unit liaison for regulatory engagements
• Align the Capital Markets Risk Management Framework with the evolving Enterprise Risk Management Framework
• Engage with senior management on key initiatives

The successful candidate will benefit from having:

• Prior management experience
• Excellent verbal and written communication skills
• Strong organization, attention to detail, time management, planning skills and the ability to handle multiple competing priorities
• Ability to make independent decisions and also to be a team player and effective communicator to ensure that issues are appropriately resolved
• Leadership and organizational skills to direct the activities for the multiple business units
• Confidence and expertise to advise management and the business
• A College or University degree is preferred

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. Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodationNorthern 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 . We hope youre 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.