Hybrid Senior Consultant, Data Quality, Change Management

at Northern Trust

• Job title: Senior Consultant, Data Quality, Change Management
• Job type: Full Time
• Experience level: Senior
• Salary: $95,600 - $162,400 per year
• Degree requirement: Bachelor's Degree
• Tech skills: ServiceNow
• Location requirements: Hybrid, Chicago, United States

About the role

• Senior Consultant managing Third Party Risk Management for a financial institution. Responsible for program execution and continuous improvement across engagement lifecycle.

Responsibilities

• Responsible for tracking program throughput through the various third party management life cycle elements
• Responsible for designing and periodically reviewing program related artifacts, risk methodologies, service categories and associated risk profile, reporting thresholds etc.
• Accountable for assisting and guiding business partners through various stages of third party lifecycle to ensure quality program execution
• Identify gaps and drive continuous improvement across the TPRM lifecycle
• Suggest and participate in improvement projects that automate or streamline repetitive tasks
• Maintain strong documentation and evidence of controls, risk decisions, and remediations
• Track milestones, dependencies, and deliverables across projects and/or an assigned portfolio of relationships
• Engage with risk domain SME’s, vendors and vendor relationship managers
• Serve as the point of contact for program performance updates, risk issue escalations, and regulatory reviews
• Responsible for engaging with and assisting 2LOD partners by providing business users' input for 2LOD deliverables
• Use dashboards and key risk indicators (KRIs) to monitor third-party risk posture and performance and determine areas of focus
• Report progress to the board, risk committees, and regulators as needed
• Participate in cross-functional teams associated with Third Party program requirements in areas such as design & strategy, enterprise critical vendor management, and other SMEs related subjects

Requirements

• Bachelor's degree and/or approximately 7 years of related work experience
• 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, Supply Wisdom or similar systems
• Strong organizational skills
• Ability to influence activities across multiple teams and across business units
• Outstanding writing, communication, and presentation skills
• Sound analytical and problem-solving skills
• Strong networking ability to develop internal and external networks based on integrity and credibility through active listening and understanding

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
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component