Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Target Resume Now
About the Role
Northern Trust Asset Management (NTAM) is a trillion-dollar global investment manager. This role is responsible for leading NTAM’s Third-Party Risk Management (TPRM), Outsourcing Management, Intercompany Management, and Delegate Oversight activities across the EMEA region, partnering with key stakeholders to implement NTAM’s global TPRM strategy and ensure regulatory compliance.
Responsibilities
- Lead NTAM’s Third-Party Oversight function across Third-Party Risk Management, Intercompany Management, Outsourcing Oversight, and Delegate Oversight activities.
- Partner with business stakeholders to assess current operating models and design future-state solutions that enhance efficiency, governance, digitisation, and automation.
- Identify, assess, monitor, control, and report third-party risks to senior leadership and relevant governance committees.
- Provide independent reporting of operational issues, ensuring appropriate escalation and communication to SMFs and senior management across regulated entities.
- Act as a subject matter expert for clients and business partners, responding to enquiries and presenting NTAM’s third-party risk framework when required.
- Develop, maintain, and oversee governance and control frameworks to ensure service delivery standards, performance monitoring, and ongoing effectiveness.
- Lead and support complex business change initiatives, ensuring adherence to established change management standards.
- Oversee change management processes with both internal stakeholders and external service providers.
- Work closely with Compliance and Regulatory Change teams to maintain awareness of evolving regulatory requirements and assess their impact on third-party arrangements.
- Strengthen the First Line of Defence (1LOD) through robust policies, procedures, controls, and a culture of continuous improvement.
- Build, develop, and lead a high-performing team, ensuring strong succession planning and organisational resilience.
- Conduct governance reviews, operational due diligence assessments, and investment operations reviews across outsourced and delegated arrangements.
- Oversee periodic reviews of third-party relationships, including service agreements, SLAs, KPIs, and commercial arrangements, to ensure continued suitability and effectiveness.
- Develop and maintain policies, processes, and controls aligned with regulatory expectations and industry best practices.
- Drive global solutions and consistency across regions while addressing local regulatory and business requirements.
Requirements
- Bachelor's degree or equivalent professional qualification.
- Minimum 10 years' experience within the investment management industry, including experience in third-party risk management, outsourcing oversight, vendor governance, or operational risk.
- Strong knowledge of global regulatory requirements relating to third-party risk management, particularly FCA and Central Bank of Ireland (CBI) expectations.
- Experience designing and implementing third-party risk frameworks, governance models, risk assessment methodologies, and reporting processes.
- Knowledge of UCITS, AIFs, MiFID products, and the operating models of management companies and delegated service providers.
- Experience with third-party risk management platforms such as Coupa, ServiceNow, Interos, Cybeta, or similar tools.
- Broad understanding of investment products, asset classes, and investment strategies.
- Strong analytical, strategic thinking, and problem-solving skills with excellent attention to detail.
- Proven ability to influence stakeholders and drive change across complex organisations.
- Strong relationship management, negotiation, and vendor management capabilities.
- Excellent written and verbal communication skills, with the ability to present complex information to senior stakeholders and executive audiences.
- Sound judgement and decision-making skills.
- Ability to operate effectively in a dynamic and evolving regulatory environment.
- Global mindset with awareness of cultural and regional differences.
- Commitment to staying current on emerging regulatory developments, industry trends, and market practices.
- Applicants must have the right to work in the United Kingdom at the time of application and for the duration of employment.
- Northern Trust is unable to provide visa sponsorship for this role.
Skills
- Third-Party Risk Management (TPRM)
- Outsourcing Management
- Intercompany Management
- Delegate Oversight
- Governance frameworks
- Risk oversight processes
- Control environments
- Senior Managers & Certification Regime (SM&CR)
- Operational excellence
- Regulatory compliance
- Continuous improvement
- Digitisation
- Automation
- Risk assessment
- Reporting
- Change management
- Vendor management
- Coupa
- ServiceNow
- Interos
- Cybeta
Location
- EMEA region
Work Type
- Full-time
Experience Level
- 10+ years experience in investment management
- Experience in third-party risk management
- Experience in outsourcing oversight
- Experience in vendor governance
- Experience in operational risk
Education Level
- Bachelor's degree or equivalent professional qualification
Benefits
- Flexible and collaborative work culture
- Strong history of financial strength and stability
- Encouraged movement within the organization
- Accessible senior leaders
- Commitment to an inclusive workplace
- Assisting the communities we serve
- Philanthropy is deeply rooted in Northern Trust’s history
- Reasonable accommodation for individuals with health conditions and disabilities
About the Company
- Northern Trust is a global leader in innovative wealth management, asset servicing, asset management and banking services.
- Founded in 1889, the company is guided by principles of Service, Expertise, and Integrity.
- With over 135 years of financial experience and over 24,000 partners, Northern Trust serves sophisticated clients using leading technology and exceptional service.
- Northern Trust Asset Management (NTAM) is a trillion-dollar global investment manager dedicated to helping clients achieve their long-term investment objectives.
Equal Opportunity
- Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.