Northern Trust

Financial Services

Consultant,ThirdPartyRiskManagement

₹15–25L ~AI est. Pune, India FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Consultant, Third Party Risk Management at Northern Trust. Skills: Risk mitigation, Vendor relationships. Assist business partners through third party lifecycle. Guide business partners through third party lifecycle”

Industry & Context.

Financial Services
Problems you'll solve

Analytical; Problem-solving

What They're Looking For.

Must Have

Proven record managing Third Parties, Ability to influence activities across multiple teams, Prior experience with Third Party Risk Management concepts, Prior experience with risk management fundamentals, Prior experience working for a regulated financial institution

Nice to Have

Prior experience with Technology vendors, Industry TPRM related certification

What You'll Do.

Assist business partners through third party lifecycle

Guide business partners through third party lifecycle

Ensure timely program execution

Ensure quality program execution

Lead TPRM program initiative

Coordinate TPRM program initiative

Support ongoing monitoring outreach

Ensure quantity exceptions

Lead structured quality reviews

Escalate vendor risks

Escalate contractual failures

Escalate performance trends

Support TPRM program expectations

Partner with engagement managers

Partner with relationship managers

Support planning activities

Support due diligence activities

Manage temporary risks

Align contracts to engagements

Update statuses for engagements

Support data integrity efforts

Develop exception reporting

Distribute exception reporting

Identify opportunities for enhancing vendor relationships

Improve efficiencies across Technology

Support engagement manager with offboarding

How You'll Work.

Team & Collaboration

Across multiple teams; Across business units; With Technology team

Communication Scope

Written communication; Oral communication; Presentation skills

Process & Methodology

Project deliverables, Project outcomes

Full Job Description

**_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. Improve visibility to Technology Third Party Risks, trends/metrics, and oversight of our Technology Third Party relationships. The successful candidate will possess exceptional written and oral communication skills while balancing details of risk requirements to ensure appropriate classification and risk mitigation for the Technology supplier portfolio. **Responsibilities:** * Assisting and guiding business partners through various stages of third party lifecycle to ensure timely and quality program execution. * Leading and coordinating TPRM program initiative in partnership with local APAC support * Supporting ongoing monitoring outreach for required scorecards and business reviews; ensure SLAs are met and quantity exceptions. * Leading structured quality reviews of ongoing monitoring artifacts to ensure key risks are quantified and socialized. * Escalating vendor risks, contractual failures, and performance trends. * Support Third Party Risk Management program expectations by partnering with engagement and relationship managers across the Technology team. * Support planning and due diligence activities including risk assessments, due diligence escalations, issue resolution, and temporary risks exceptions; ensure SLAs are met. * Support the alignment of contracts to engagements, ensuring the statuses are updated for all Technology related engagements. * Support data integrity efforts across t

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