Consultant/ Senior Consultant, Risk (Northern Trust Asset Management)

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.

Northern Trust Asset Management (NTAM) is a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives. 

The role is for a Risk Management Consultant/ Senior Consultant, based in London. The individual will work within the global Risk team, focused on supporting the successful EMEA and APAC Asset Management business and reporting to the International Chief Risk Officer. The role offers excellent exposure to someone looking to develop their career in asset management through a risk management role, or to broaden their risk management experience.

The individual will work within the team to provide consultation and advice on risk related matters whilst maintaining close working relationships with the key stakeholders across the business. This role will act as a lead local contact for Non-Financial Risk, and work as part of the broader global NTAM Risk team.

The Key Responsibilities of the Role Include:

Coordinate with and influence BAU/functional teams (Investments, Product, Operations etc) within the 1LoD on risk considerations and developments.

Provide and support advisory services on risk matters and work proactively with business contacts and management to identify and implement effective and efficient solutions, e.g. new products and initiatives.

Perform independent loss event investigations and lessons learnt analysis, document findings in accordance with operational risk management standards. 

Review, disseminate, and interpret risk management policies, frameworks and procedures. Work to proactively establish and document related policies, procedures and standards within the parameters of relevant laws and regulations.

Independently analyze business change activities to ensure risks are identified and aligned with risk appetite.

Provide independent challenge for technology related risk items. This includes technology/digital development initiatives, cloud technology, cyber events, data loss and disaster recovery. 

Develop and produce non-financial risk focused reporting to feed into the local and global governance committees.

Participate in committees and present to senior management as appropriate.

Support the Global Chief Risk Officer when liaising with regulators, governance specialists and auditors.

Improve team processes and efficiency through the use of automation and technology.

Skills/ Experience Required:

Detailed knowledge of financial services and risk management theory.

Excellent analytical skills, with the ability to identify problems, develop and communicate strategic solutions.

Ability to quantitatively measure and assess risks.

Compelling written and verbal communicator, with the ability to adjust communication style to audience need when explaining complex situations.

Experience and technical competency in data reporting, analysis and automation tools such as PowerBI, Power Automate, Python and Microsoft Excel.

A global outlook with sensitivity and awareness of social and cultural differences.

A College/ University degree in an analytical subject, or relevant professional qualification

Several years in a risk focused role, or an asset management role.

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 .

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.