Enable job alerts via email!

Specialist - Taxonomies, Process, Risk and Control

Northern Trust

London

On-site

GBP 90,000 - 100,000

Full time

9 days ago

Boost your interview chances

Create a job specific, tailored resume for higher success rate.

Job summary

An established industry player is seeking a Specialist in Taxonomies, Process, Risk, and Control to enhance its enterprise risk management function. This pivotal role involves collaborating with various teams to maintain and refine risk management standards, ensuring high-quality documentation and adherence to processes. The ideal candidate will bring a wealth of experience in risk management within a large financial services context, showcasing strong communication and stakeholder management skills. Join a forward-thinking company that values innovation and offers a collaborative culture where your contributions will make a significant impact.

Qualifications

Experience in enterprise risk management at a large-scale financial services organization.
Knowledge in designing and monitoring PRC taxonomy and control practices.

Responsibilities

Support embedding of Process, Risk and Control Standards across lines of defense.
Drive consistency and quality of process and control documentation.

Skills

Enterprise Risk Management

Process Risk Control Taxonomy

Stakeholder Management

Project Management

Change Management

Strategic Thinking

Communication Skills

Tools

ServiceNow

Specialist - Taxonomies, Process, Risk and Control

Join to apply for the Specialist - Taxonomies, Process, Risk and Control role at Northern Trust

Specialist - Taxonomies, Process, Risk and Control

1 week ago Be among the first 25 applicants

Join to apply for the Specialist - Taxonomies, Process, Risk and Control role at Northern Trust

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.

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.

Role/Department

The Process, Risk, and Control (PRC) Taxonomy Specialist is a key position within Northern Trust’s enterprise risk management function, charged with supporting the embedding and refining of the PRC taxonomy across the lines of defense. This role will collaborate extensively with both the 1st and 2nd line teams reporting to the PRC Director. The core responsibilities encompass supporting the development and maintenance of the PRC standards, furthering consistency and enhancing the quality of process and control documentation across risk domains, business units, and legal entities. This team will oversee the construction of the PRC Inventory and coordinate the definition of key controls, as well as maintain the associated technology capabilities. The PRC Taxonomy Specialist supports oversight of the adherence to the aforementioned standards and is instrumental in fostering a culture of risk awareness through training and monitoring adherence across the lines of defense.

The ideal candidate will have a background in enterprise risk management, including PRC taxonomy and processes (or other risk framework/risk management development and implementation experience), at a large-scale financial services organization, and a demonstrated ability to oversee such functions and effectively collaborate with stakeholders.

The Key Responsibilities Of The Role Include

Support sustaining and embedding Process, Risk and Control Standard and Internal Control Standard across lines of defense through training and adherence monitoring.
Drive consistency and quality of process and control documentation across risk domains, business units, and legal entities
Maintain Process, Risk and Control taxonomy and the Process and Control Inventory technology capability.
Keep abreast of industry trends, regulatory changes, and emerging risks to proactively identify potential threats and opportunities and evolve the risk management framework to align with changing business and regulatory practices. Ability to accurately identify, escalate, and drive actions to mitigate priority risks.

Skills/Qualifications

The successful candidate will benefit from having:

Direct risk management and/or framework experience at a large-scale financial services organization preferred, including enterprise risk management experience.
Demonstrated knowledge and experience in designing, training, and monitoring enterprise PRC taxonomy and control identification practices, supporting effective implementation and sustainability.
Proven capability in high-quality execution, including both independent execution, as well as influencing cross-functional stakeholders to drive change
Familiarity with ServiceNow or similar Governance Risk and Compliance tool, preferred.
Experience overseeing financial and/or non-financial risks, including interpreting and adhering to associated prudential expectations.
Successful candidate will possess the following key skills: strategic thinking, conceptual thinking, logical thinking, stakeholder management, project management, change management, digital literacy, and PRC taxonomy and control identification.
Strong communication skills, including verbal and written communications to senior leaders and committees.

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 MyHRHelp@ntrs.com.

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.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Finance and Sales

Referrals increase your chances of interviewing at Northern Trust by 2x

Get notified about new Risk Controller jobs in London, England, United Kingdom.

Greater London, England, United Kingdom 1 month ago