Non-Financial Risk (NFR) Senior Consultant

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 is a member of the global Non-Financial Risk (NFR) organization, on a team that connects NFR risk program outcomes to each business unit (BU). As the BU Senior Consultant, you will be an individual contributor in the second line of defence, and will connect with Business Unit Risk Officers and program specialists across NFR. You will be responsible for providing risk insights for the business units to which you are aligned. 

Job Title

Senior Risk Consultant

Location

Bangalore Or Pune

Experience

Seven years of relevant experience

24 months as Consultant

Job Duties

Major Duties

• Responsible for monitoring business unit performance across NFR programs, and highlighting emerging risks, themes and trends
• Provide risk review and challenge across all operational risks, including review and challenge of Risk and Control Self Assessments (RCSA)
• Execute BU specific deep dive reviews
• Monitor and advise on delivery of Operational Risk initiatives at the business unit level
• Operates independently; has in-depth knowledge of the NFR function. The role is balanced between high level operational execution and development, and execution of strategic direction of NFR activities.
• Provides feedback to the NFR program leaders based on business unit level observations
• Acts as contact and advisor for NFR risk analytics with Business Unit Risk Officers.
• Carries out activities that are large in scope, cross-functional and technically difficult. Conducts analysis of adherence to NFR programs and requirements, independently ensuring accuracy and completeness.
• Provides communication and training efforts to promote understanding of Operational Risks throughout the business unit assigned

Qualification

• A college or university degree and/or relevant proven work experience is required. Advanced degree in related field (mathematics, statistics, economics) or equivalent career experience preferred. Related industry qualification is preferred.

Skills Required

• Excellent oral and written communication skills are required.
• Knowledge of services and processes associated to one or more Northern Trust Business Units (Asset Management, Wealth Management, Asset Servicing)
• Ability to communicate effectively verbally and in writing with all audiences, including non-technical senior leaders, in a structured manner.
• Strong problem-solving skills, e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues.
• Ability to move people to act, e.g., convening, structuring, owning the agenda and facilitating meetings and workshops to lead groups to agreement and commitment to execute.

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. #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 MyHRHelp@ntrs.com.

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.

About Our Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.