Head of EMEA Controls, Asset Management SVP Level - Hybrid

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 years offinancial experience and over 22,000 partners, we serve the worlds most sophisticated clients using leading technology and exceptional service. About Northern Trust Asset Management:Northern Trust Asset Management (NTAM) is a global Investment Manager with $1.1 Trillion Assets Under Management, is a top 20 global asset manager, top 10 largest factor investor globally and the 12th largest ETF provider. We believe investing ultimately serves a greater purpose and should be done intentionally and efficiently ... ... by people who are passionate, astute and tenacious problem solvers ... with the understanding that all investing involves risk and ... is best accomplished by using an empirically based process At Northern Trust Asset Management, we understand that investing ultimately serves a greater purpose. That is why our philosophy is rooted in the fundamental belief that investors should get compensated for the risks they take - in all market environments andin any investment strategy. At the heart of our philosophy is how we think about, view and analyze risk. As risk-aware investors, we take risk intentionally, to achieve investors desired outcomes and minimize unintended consequences. In EMEA, Northern Trust Asset Management serves professional investors offers a wide range of investment management capabilities, across active and passive, equities, fixed income and cash management. This includes quant active, sustainable investing, multi-asset,liquidity focused solutions as well as more traditional index management. Capabilities are available through both pooled funds and segregated accounts, with a focus on designing investment strategies to meet the specific needs of investors. NTAM manages thelargest European ESG fund and 5/10 largest ESG index funds globally*. Role/ Department:Hands on Senior Controls role with responsibility for leading the day to day management of the local Control function supporting business growth whilst also driving robust oversight of the global end to end system of controls through active engagement, thematicreviews, risk analysis and control deep dives to continuously manage and reduce NTAMs residual risk profile. Reporting directly to the Chief Operations Officer in the region, this will be a Certified role under the UK Senior Managers Regime (SMCR). The key responsibilities of the role include:

• Managing a local team of control and resiliency consultants focused on achieving operational excellence within the 1st line Controls function of a fast growing division of a Global Asset Manager
• Work within a global control function established to undertake a broad range of control activities including but not limited to RCSA, Operational Resiliency, incident management, control testing, audit remediation
• Lead the implementation of a comprehensive Risk Control and Self-Assessment (RCSA) program within the EMEA Region including designing effective controls in partnership with control counterparts in other locations and with local business executives
• Trusted advisor and SME/advisory support to 1st line on regulatory, resiliency and operational changes including issue management, operational resiliency, business continuity and disaster recovery working with Senior Managers as needed in response to localregulatory needs
• Focus on owning, maintaining and improving the NTAM EMEA operational resilience frameworks, governance, regulatory deliverables etc, ensuring the ability to safeguard NTAM EMEAs legal entities, clients and assets
• Responsible for ensuring the continued maturity and understanding of Operational Resilience across the business, leading communications and building training and guidance to all levels
• Production of MI and monitoring of performance measures, metrics and key performance indicators through an operational resiliency lens
• Lead the development of local Business Continuity plans, providing insightful information and guidance and also challenging business areas where appropriate
• Provide guidance and support to vendor/outsourcing owners with regards to ongoing operational resiliency needs and support the review and completion of critical vendor deep dives
• Lead the Resiliency and Business Continuity testing programme covering internal and external activities
• Develop, coordinate and execute plausible and realistic Scenario Testing for all Important Business Services: define and maintain the catalogue of service but plausible scenarios
• Ensure compliance with the NT Corporate Operational Resiliency framework, procedures and guidelines together with all relevant regulatory requirements
• Work with the Operational Continuity Committee (OCC) Chair and Cosec of the OCC for NTAM EMEA, collating content and ensuring minutes and actions are formally noted
• Assessment of the control environment with recommendation of best practice and enhancement opportunities.
• Independent risk based review and testing of controls (design and operating effectiveness)
• Oversight over change management and adherence to corporate risk /compliance policies
• Provide guidance and consultation on any risk and control issues, including audit and regulatory issues
• Coordination of and oversight of internal/external audit and compliance testing as and when needed
• Ensuring tracking of audit and compliance testing programs from fieldwork, to testing to management response to remediation
• Production of management information for governance forums as and when required

Knowledge / Skills:

Graduate or relevant professional qualification

Extensive experience financial services, consulting, operational risk management or audit with a demonstrated track record of operational risk management. Experience in Asset Management is preferred

Experienced people manager with a proven track record in making a difference within an organisation, comfortable leading directly or indirectly both local and global teams.

Demonstrated success in the strategic development of policies, procedures and assessment of internal controlsDemonstrated ability to take industry trends, innovative behaviors, data ana