Third Party Risk Program Lead

16 hours ago

Pune, Maharashtra, India Northern Trust Company Full time ₹ 15,00,000 - ₹ 20,00,000 per year
About Northern Trust:

Third-Party Risk Program Lead- Risk Management

Major Duties
  • Providing strategic thought leadership in designing and operationalizing the third-party risk program
  • Draft board reporting, both at the legal entity and corporate levels, to provide insight to board members on the key risks and themes identified
  • Interact with global regulators to articulate Risk Management's view, and ongoing program and assessment of business processes and activities.
  • Maintains familiarization and technical expertise across the firm including organizational structure, personnel, activities and products, new product development, financial performance and risk and problem areas
  • Monitor regulatory updates and provide team with guidance on impact of changes in regulatory environment and how to adjust corporate programs to support.
  • Interacts, partners and presents to Senior and Executive Management to understand the risks/challenges within the business, business changes and other significant events that could significantly affect the firm or adherence to regulatory requirements and risk appetite
  • Manages and performs special projects as assigned
  • Participates in meetings with business units, Senior, and Executive Management to discuss program implementation and risk insights
  • Communicates with partners at all levels, developing and presenting recommendations on operations and controls
  • Represents Risk Management or Steering Committees and/or Working Groups
Knowledge/Skills
  • Excellent verbal and written communication skills
  • In-depth Functional/Industry Knowledge is required
  • Ability to execute risk management strategy development to provide long term planning and managing ongoing risk performance
  • Analytical and communication skills are required to analyze information and disseminate information
  • Leadership and organizational skills to direct the activities for the multiple business units
  • Ability to foster positive and proactive approach to process assessment and improvement and to identify trends and improve processes for both the customer and the business
  • 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
  • Confidence and expertise to advise management and the business
  • Ability to use initiative and work unsupervised in a proactive manner
  • Strong organizational skills, a collaborative approach to work, with strong interpersonal skills
Expertise Required
  • A College or University degree is preferred. Relevant work experience (10 years) preferably in Risk Management, Audit, or equivalent related experience in operations, or third-party risk is strongly preferred
Working with Us:

Reasonable accommodation

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