Consultant, Risk

Northern Trust Corp; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Northern Trust is hiring for an Enterprise Risk Identification role in Bangalore. You will facilitate risk identification activities across risk categories, units and entities, and support enterprise risk assessments and governance processes.

You will work with stakeholders to maintain risk inventories, develop dashboards, and provide reporting to senior management. The role emphasizes collaboration with First and Second Line partners and continuous improvement of risk identification practices.

Qualifications

• Bachelor's degree in finance, business, risk management, economics, accounting, information systems, or related field.
• 2-5 years of experience in Enterprise Risk Management, Operational Risk, Compliance, Audit, or related disciplines.
• Strong analytical and problem-solving skills.
• Experience working with large data sets and reporting tools.
• Experience using AI related tools.
• Advanced Excel and PowerPoint skills.
• Excellent written and verbal communication; ability to influence stakeholders.

Responsibilities

• Identify and assess enterprise risks across categories, units, and entities.
• Support risk assessment methodologies and stakeholder challenges to ensure completeness.
• Maintain and enhance Enterprise Risk Inventory and align to taxonomy.
• Prepare risk reports for senior management and risk committees.
• Develop dashboards and metrics to support risk profile reporting.
• Collaborate with First and Second Line partners and provide guidance on standards.

Skills

Analytical thinking

Problem-solving

Data analysis

Communication skills

Stakeholder management

Excel

PowerPoint

AI tools experience

Education

Bachelor's degree in Finance, Business, Risk Management, Economics, Accounting, Information Systems, or related field

Tools

ServiceNow

GRC platforms

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Key Responsibilities

Enterprise Risk Identification & Assessment Facilitate quarterly and ad hoc risk identification activities across Risk Categories, Business Units, Corporate Functions, and Significant Legal Entities Support the execution of enterprise risk assessment methodologies and procedures Assist stakeholders in identifying current and emerging risks impacting the organization Review and challenge risk assessments to ensure consistency, completeness, and alignment with enterprise standards Evaluate risk drivers, impact factors, and likelihood assessments supporting risk materiality determinations Enterprise Risk Inventory Management Maintain and enhance the Enterprise Risk Inventory Ensure risks are appropriately aligned to enterprise risk taxonomy requirements Validate risk descriptions, classifications, risk drivers, and ownership information Partner with stakeholders to ensure timely completion of assessments, to include independent review and challenge Support quality assurance reviews of inventory data and reporting outputs Governance, Reporting & Analytics Prepare risk identification reporting for senior management, risk committees, and executive governance forums Analyze risk trends and concentrations across businesses, functions, and legal entities Develop dashboards, metrics, and presentation materials as necessary to support enterprise risk profile reporting Produce actionable insights regarding material and emerging risks Stakeholder Engagement Build relationships with First Line and Second Line partners to support effective risk identification and assessment Facilitate workshops, working sessions, and challenge meetings Provide guidance and training on Enterprise Risk Identification standards, procedures, and taxonomy requirements Support responses to regulatory, internal audit, and management inquiries regarding risk identification activities Continuous Improvement Identify opportunities to streamline risk identification processes, templates, and reporting Contribute to methodology enhancements and risk program transformation initiatives, to include the integration of AI capabilities Support integration of Enterprise Risk Identification activities with other key risk management functions such as Risk Appetite, Stress Testing, Scenario Analysis, Strategic Planning, and Operational Resilience

Required Qualifications

• Bachelor's degree in Finance, Business, Risk Management, Economics, Accounting, Information Systems, or related field
• 2-5 years of experience in Enterprise Risk Management, Operational Risk, Compliance, Audit, Consulting, Financial Services, or related disciplines
• Strong analytical and problem-solving skills
• Experience working with large data sets and reporting tools
• Experience using AI related tools
• Advanced Microsoft Excel and PowerPoint skills
• Excellent written and verbal communication skills
• Ability to influence stakeholders across multiple organizational levels

Preferred Qualifications

• Experience supporting enterprise-wide risk programs within a regulated financial institution
• Knowledge of risk taxonomies, risk inventories, and risk assessment methodologies
• Familiarity with risk management platforms such as ServiceNow or similar GRC technologies
• Related professional certifications desirable

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees.

Equal Employment Opportunity Statements

APAC/INDIA EEO STATEMENT The policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)