Senior Consultant - Enterprise Critical Vendor Program Manager

Job Summary The Enterprise Critical Vendor (ECV) Program Manager plays a key role within the First Line of Defense, responsible for driving the oversight, governance, and continuous improvement of Enterprise Critical vendor relationships. This role partners closely with Business Units, Procurement, Risk, Compliance, and external stakeholders to ensure third‑party risks are proactively identified, managed, and mitigated in alignment with Enterprise Risk policies and regulatory requirements. Key Responsibilities Program Execution & Transformation: Support transformation and ongoing maturity of the TPRM and Enterprise Critical Vendor Program through cross‑functional collaboration across Business, Procurement, Risk, and Control functions. Vendor Oversight & Risk Management: Provide ongoing monitoring and oversight of critical/high‑priority vendors, ensuring adherence to contractual obligations, KPIs, SLAs, and financial targets. Lead proactive identification, escalation, and remediation of vendor risks, control gaps, and performance issues. Perform vendor criticality assessments and support risk treatment activities aligned with regulatory expectations. Maintain risk, issue, and incident logs and support governance reporting and escalation. Governance, Reporting & Audit Readiness: Prepare and deliver risk‑based insights, dashboards, and executive reporting to governance forums. Support internal audits, regulatory exams, and third‑party reviews through comprehensive documentation and program transparency. Lead QA/QC reviews of TPRM and ECV lifecycle deliverables to ensure quality, completeness, and policy adherence. Consulting & Contingent Labor Program Support: Provide oversight and governance support for Consulting and Contingent Labor (C&CL) third‑party relationships, ensuring alignment with Enterprise Critical Vendor Program standards and TPRM requirements. Support risk‑leveling, due diligence oversight, and ongoing monitoring at the Master Agreement level for consulting and contingent labor vendors. Partner with Procurement and Business Units to ensure appropriate onboarding, risk assessment, and lifecycle management of C&CL engagements. Drive cross‑BU coordination and reporting of consulting and contingent labor vendor performance, risk posture, and compliance. Stakeholder Engagement & Advisory: Act as a trusted advisor to Business Units and vendor managers on TPRM requirements and regulatory expectations. Coach stakeholders on vendor lifecycle processes, governance standards, and risk management practices. Develop strong relationships with internal stakeholders and external vendors to drive performance and compliance. Qualifications & Experience Required: Bachelor’s degree in Risk, Finance, Business, or a related field. Required: Demonstrated experience in Third‑Party Risk Management, Vendor Management, or related oversight functions in a financial services or regulated environment. Required: Experience managing vendor relationships and supporting contractual, operational, and risk oversight activities. Required: Strong understanding of third‑party regulatory frameworks and risk management practices. Preferred: Experience supporting Consulting and Contingent Labor programs, including oversight of Master Agreement risk assessments, onboarding, and lifecycle governance. Preferred: Experience working across multi‑business unit environments coordinating enterprise‑level vendor oversight. Preferred: Experience with vendor lifecycle tools (e.g., Coupa or equivalent platforms). Key Skills & Competencies Strong consultative and problem‑solving skills with the ability to develop business cases and solutions. Advanced data analytics skills; Power BI expertise strongly preferred (dashboard development, data modeling, visualization). Proficiency in Excel and financial / operational data analysis. Excellent written and verbal communication skills, including executive‑level presentations. Strong project management skills and ability to work in a matrixed, fast‑paced environment. Ability to manage ambiguity, prioritize effectively, and drive outcomes. Salary Range $90,820 - 154,280 USD (Good faith estimate of base pay). Benefits 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. A discretionary bonus program that may include an equity component. Equal Employment Opportunity Statement APAC/INDIA 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. 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. 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. #J-18808-Ljbffr