- Chicago, Illinois
Chicago, Illinois
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.
Fiduciary Investment Risk Consultant
We are seeking a Fiduciary Investment Risk Consultant to join the Global Fiduciary Risk team with a focus on covering the fiduciary investment risk activities across the Northern Trust Wealth Management and Asset Management business units.
Responsibilities
Assist in the development of risk management programs, policies and controls.
Provide risk oversight and advice to the business units on key fiduciary and investment topics.
To safeguard business operations and client interests.
Work collaboratively across business units and lines of defense to deliver on corporate and business unit priorities.
Communicate with senior management and regulators.
Ability to identify control gaps and successfully interpret regulatory guidance.
Identification of emerging risks.
Identification, assessment and mitigation of investment and fiduciary risks.
Collaboration with risk partners and business unit partners to drive process improvement.
Evaluate, understand and challenge out of appetite risk taking behavior.
Engage as a subject matter expert.
Provide support for the business units in preparing for and responding to audit, global compliance testing, and regulatory inquiries and exams.
Conduct risk assessments of fiduciary processes and investment products.
Qualifications
Inquisitive with strong analytical skills.
Minimum 7-10 Years investment management and fiduciary experience with a deep understanding of fiduciary investing and financial products including conflicts of interest and risk / return tradeoffs.
Strong working knowledge of Excel, Power point, and data management applications.
Detail oriented.
Proven problem-solving skills.
Excellent organization and communication skills.
Strategic thinker with an ability to analyze, understand and challenge risk taking activities when engaging with business units.
Understanding of risk management concepts.
Strong ability to multi-task and work under tight deadlines.
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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.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern 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 you're 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.