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Third Party Management Program Design Lead
at
Northern Trust
Chicago, Illinois, United States
Apply Now
Not Specified
Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)
Experience Level
Full Time
Job Type
Unknown
Visa
Financial Services, Banking
Industries
Requirements
Financial Services Knowledge (Required)
Excellent verbal and written communication skills
Knowledge of concentration risk frameworks (beneficial)
Understanding of regulatory updates and their impact on third-party programs
Responsibilities
Design and implement enterprise-wide third-party risk management processes
Develop, review, and maintain program documentation, including standards, training materials, and desk procedures
Periodically review and enhance program-related artifacts, risk methodologies, and service categories
Monitor regulatory updates and ensure the program adapts to changes in the regulatory environment
Serve as the TPM Program Subject Matter Expert for technology enablement
Manage and oversee intercompany risk outsourcing activities
Conduct ongoing monitoring of third-party relationships
Focus on 4th party risk management
Design and implement training and change management processes
Contribute to the design and strategy of third-party management processes
Collaborate with business units globally to implement processes and ensure program sustainability
Skills
Third-Party Risk Management
Program Design
Risk Frameworks
Regulatory Compliance
Program Documentation
Financial Services
Communication Skills
Concentration Risk
Risk Methodologies
Northern Trust
Website
About Northern Trust
N/A
Headquarters
N/A
Year Founded
N/A
Company Stage
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