Sr. Consultant Central Policy Office

Northern Trust; Chicago (IL); On-site; USD 83,000 - 142,000; Full time

Job summary

An established industry player is seeking a Senior Consultant for its Central Policy and Committee Office. This role is crucial in supporting the Director to maintain and enforce governance policies within the enterprise risk management function. The ideal candidate will have extensive experience in risk management and policy governance, with strong organizational and communication skills. You will work closely with senior leadership, contributing to a culture of risk awareness and ensuring consistency across various business units. Join a collaborative work environment where your insights will drive impactful decisions in a prestigious financial institution.

Benefits

401k and Pension Benefits

Health and Welfare Benefits

Paid Time Off

Parental and Caregiver Leave

Life and Accident Insurance

Discretionary Bonus Program

Qualifications

• 7+ years of experience in risk management or policy governance preferred.
• Strong organizational skills and ability to manage multiple tasks effectively.

Responsibilities

• Assist in maintaining governing documents and committee policies.
• Support training and adherence monitoring across the organization.
• Stay informed about industry trends and assist in risk identification.

Skills

Risk Management

Policy Governance

Stakeholder Management

Communication Skills

Project Management

Strategic Thinking

Organizational Skills

Digital Literacy

Education

Bachelor's Degree in Finance or Related Field

Master's Degree (Preferred)

Tools

ServiceNow

Job description

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.

The Senior Consultant, Central Policy and Committee Office will play a vital role in supporting the Director in maintaining and enforcing governing documents and committee governance policies within Northern Trust’s enterprise risk management function. This position offers an excellent opportunity for a motivated individual to gain valuable experience in risk management and policy governance while working closely with senior leadership and cross-functional teams.

Has experience and strong working knowledge of enterprise risk management framework of a firm, and how its risk management lifecycle including risk identification, monitoring & control, reporting integrates together with risk measurements, risk committees and governance structures for information cascade & escalations to steer decision making.

The key responsibilities of the role may include:

• Assist in maintaining an inventory of governing documents and committee mission statements/charters.
• Support the Director in embedding governing document and committee governance policies across the lines of defense through training and adherence monitoring.
• Help coordinate the administration, review and approval process of governing documents through the Central Policy approval Committee.
• Contribute to driving consistency and quality of governing documents and committee charters across various risk domains, business units, and legal entities.
• Stay informed about industry trends, regulatory changes, and emerging risks to assist in identifying potential threats and opportunities.
• Participate in fostering a culture of risk awareness through training and monitoring adherence across the organization.

The successful candidate will benefit from having:

• 7+ years of experience in risk management, policy governance, or a related field within a financial services organization is preferred.
• Understanding of designing, training, and monitoring governing documents and committees.
• Familiarity with Governance, Risk, and Compliance tools, such as ServiceNow, is a plus.
• Ability to identify, escalate, and assist in driving actions to mitigate priority risks.
• Strong organizational skills with the ability to manage multiple tasks and deadlines effectively.
• Strategic and logical thinking abilities.
• Strong stakeholder management and communication skills, both verbal and written.
• Project management and change management capabilities.
• Digital literacy and proficiency in relevant software.

Salary Range:

$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.

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 [e-mail].

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.