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Senior Consultant, Ongoing Monitoring, Alerts & Triggers - Third Party Risk Management

Northern Trust

Role Overview This role will assist in strategy and design decisions, business as usual process improvement, and the direct execution or indirect execution of the Third Party Risk Management program. The role holder will be an expert in Third Party Risk Management and will work closely with the TPMO team manager to track program throughput and identify gaps for continuous improvement. What You Will Do Responsible for tracking program throughput, designing and reviewing program related artifacts, risk methodologies, and reporting thresholds. Primary area of focus will be in the Ongoing Monitoring, Risk reporting & aggregation and Risk Triggers processes. Why It Might Be a Fit We're looking for partners who thrive in change, think like problem solvers, and bring skills in project management, process management, and change leadership. Experience with tools such as Coupa, ServiceNow, Cybeta, Interos or similar is required. Requirements Proven track record managing vendor risk and/or leading large-scale risk or compliance initiatives. Expertise in third-party risk frameworks and regulatory requirements. Experience with tools such as Coupa, ServiceNow, Cybeta, Interos or similar. Bachelor's degree and approximately 10 years of related work experience with clear understanding of and experience in the Three Lines of Defense model. A thorough understanding of third-party (i.e., vendor, supplier, etc.) risk management, with prior experience in designing program solutions, risk scoring and aggregation methodologies and designing committee reporting. Understanding of global risk regulatory requirements with emphasis on US (OCC Bulletins, FFIEC, FRB, FDIC) or UK (PRA, FCA). A TPRM related certification such as CTPRP or CTPRA. Benefits Flexible and collaborative work culture Movement within the organization is encouraged Senior leaders are accessible Reasonable accommodation for individuals with disabilities Flexible working requirements #J-18808-Ljbffr Northern Trust

Vacancy posted 4 days ago
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