Risk & Control Self- Assessment (RCSA) Senior Consultant

Company:  Northern Trust
Location: Chicago
Closing Date: 20/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / 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.

Role Overview:

The Risk & Control Self-Assessment (“RCSA”) Senior Consultant role operates within the Second Line of Defense Non-Financial Risk team to help various Risk & Compliance functions execute the RCSA program, ensuring compliance with program framework and guidance. The Facilitator serves as a subject matter expert by advising and guiding the business to properly identify risks and controls and documenting them appropriately. RCSAs require collaboration with various stakeholders while influencing parties towards strategic goals. Candidates should have strong verbal and written communication skills, be detail-oriented, be able to manage multiple priorities in a fast-paced dynamic environment, challenge groupthink, and possess an inquisitive nature that allows them to ask probing questions. A high level of interaction is required with senior leaders and business areas at all levels of the organization, applying critical thinking to review and challenge the information provided.

Key Responsibilities:

  • Execute on Northern Trust’s RCSA program by facilitating a value-added RCSA product that captures the risk and control environment of the business while adhering to policy, standards, and guidebook requirements.
  • Lead effective meetings with clearly stated objectives that drive desired outcomes and timely execution.
  • Negotiate and build consensus within a group.
  • Engage with other stakeholders and business partners to ensure key relevant risks and controls are identified, assessed, and documented.
  • Work with Process Owners, Control Owners, and Control Management Experts to identify and document processes, risks, and controls.
  • Liaise with Business Unit Control leads, other Subject Matter Experts, and Central Operational Risk to identify, develop, and implement program enhancements.
  • Support Quality Control activities.
  • Recognized as a subject matter expert by advising and guiding RCSA activities.

Qualifications:

  • Bachelor's Degree and 6+ years of experience in Financial Services, Enterprise Risk Management, Operational Risk Management, Compliance, Audit, Finance, or Accounting, OR High School Diploma or GED and 10 years of experience in the same fields.
  • Demonstrable experience in Enterprise Risk / Operational Risk management.
  • Ability to quickly learn the Bank’s RCSA procedures, processes, and systems.
  • Proven track record of delivering timely, high-quality results.
  • Ability to leverage relationship management capabilities and problem-solve.
  • Excellent interpersonal and communication skills, both verbal and written.
  • Exceptional organization, analysis, decision-making, and problem resolution skills.
  • Ability to simultaneously balance multiple priorities and deliverables.

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 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. #MadeForGreater

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 .

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.

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