Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

Tailor your resume to this Specialist, Third Party Management Program Design & Issue and Incident Management role.

Rezi rewrites your resume against Northern Trust's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the Specialist, Third Party Management Program Design & Issue and Incident Management posting at Northern Trust — free, in seconds.

About the Role

This position will lead operational support for the Third Party Management Office (TPMO) within the First Line of Defense. The role involves strategizing on program lifecycle areas, designing and implementing program elements, and ensuring adherence to the multi-year program plan. The lead will interact globally with business units to implement processes and provide oversight, acting as a thought leader and subject matter expert in third-party risk management, reporting, and gap analysis.

Responsibilities

Providing strategic thought leadership in designing and operationalizing third-party risk management programs
Designing enterprise-wide third-party risk management processes and managing their rollout and maturity
Designing and periodically reviewing program-related artifacts, risk methodologies, service categories, associated risk profiles, and reporting thresholds
Creating gap analyses to identify potential risks requiring risk-mitigating controls
Accountable for program documentation, including development, review, version control, and storage of documents like the Third Party Management Practice Standard, training materials, and desk procedures
Creating operating models
Developing training materials, conducting firmwide TPM training, and overseeing training performance for designed program areas
Monitoring regulatory updates relevant to the assigned area and guiding the team on impacts and program adjustments
Reviewing and prioritizing user specifications for technology enablement and process automations
Managing, designing, and enhancing program activities, serving as the TPM Program Subject Matter Expert for technology enablement

Requirements

Excellent verbal and written communication skills
In-depth functional/industry knowledge is required
In-depth knowledge of the third-party risk management lifecycle activities
Ability to execute risk management strategy development for long-term planning and ongoing risk performance management
Experience supporting and/or leading system implementations
Analytical and communication skills to analyze and disseminate information
Leadership and organizational skills to direct activities across multiple business units
Ability to foster a positive and proactive approach to process assessment and improvement, identifying trends to enhance processes for both customers and the business
Strong organization, attention to detail, time management, planning skills, and the ability to handle multiple competing priorities
Ability to make independent decisions and be a team player with effective communication for issue resolution
Confidence and expertise to advise management and the business
Ability to use initiative and work unsupervised in a proactive manner
Strong organizational skills, a collaborative approach to work, with strong interpersonal skills
Demonstrates strong analytical skills with the ability to generate complex reports
Highly flexible and adaptable to change in a high-demand environment
Proficiency in Microsoft Word, Excel, PowerPoint, and data analytic tools including PowerBI
Bachelor's degree and approximately 5-10 years of related work experience with clear understanding of and experience in financial services / internal audit / risk consulting preferred
A thorough understanding of third-party (i.e., vendor, supplier, etc.) risk management, with prior experience in designing program solutions, risk scoring and aggregation methodologies, and designing committee reporting
Understanding of global risk regulatory requirements with emphasis on US (OCC Bulletins, FFIEC, FRB, FDIC) or UK (PRA, FCA)
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
Risk management
Reporting
Gap analysis
Process design
Stakeholder management
Collaboration
Regulatory compliance
Technology enablement
Process automation
Microsoft Word
Microsoft Excel
Microsoft PowerPoint
PowerBI

Location

United Kingdom

Work Type

Full-time

Experience Level

5-10 years

Education Level

Bachelor's degree
Undergraduate or graduate degree in Accounting, Finance or Risk

Benefits

Flexible and collaborative work culture
Movement within the organization is encouraged
Accessible senior leaders
Pride in working for a company committed 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 three enduring principles: Service, Expertise, and Integrity.
With over 135 years of financial experience and more than 24,000 partners, Northern Trust serves sophisticated clients using leading technology and exceptional service.
Northern Trust has a strong history of financial strength and stability.

Equal Opportunity

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities.