Job Title: Portfolio Risk Manager
A portfolio risk manager is a key role in managing the day-to-day operation of control for practice areas. This includes ensuring that 'best practices' are adhered to, corporate policies are supported, and regulatory requirements are met.
The portfolio risk manager will direct team members with specific tasks to successfully implement the systematic control framework as outlined by the Chief Controls Officer.
The role requires operational or strategic management skills, including hiring, performance reviews, pay decisions, and development. The portfolio risk manager will achieve goals mostly through the work of others and provide leadership to managers and professional staff.
Responsibilities include:
* Manage the day-to-day focus of the control team using risk identification, assessment, and control tools.
* Lead the execution of a Global Risk & Control Self-Assessment (RCSA) for practice areas.
* Direct control testing for identified risks and ensure transparency to senior management.
* Ensure risk acceptance is clearly documented and communicated to control leadership.
The ideal candidate will have extensive experience in operational risk management or control and be able to manage teams across multiple jurisdictions.
Northern Trust is committed to providing equal employment opportunities and reasonable accommodations to individuals with disabilities.
This is an exciting opportunity to join a global financial leader with a commitment to innovation and excellence.