Risk Management/Compliance 84243 Requisition # 1 day ago Post Date
Who we are
Northern Trust is a preeminent global financial institution that provides asset servicing, investment management and wealth management services for institutions, high-net-worth individuals and families. For more than 130 years, our success has been anchored in one purpose: to serve as our clients’ most trusted financial partner, guarding and growing their assets as though they are our own. Our market-leading technological capabilities—spanning from artificial intelligence for currency management, blockchain for fund administration and cloud-based solutions to deliver personalized wealth management services—allow us to deliver the highest level of service to our clients with speed and precision.
What we do
Northern Trust’s international business has grown dramatically over the last decade. Some of our largest clients are located in Asia and Australia, which represents a rapidly growing client base for the company. Since 1986, we have been serving clients in Asia-Pacific (APAC), including corporate pension funds, investment managers, insurance companies, government agencies, family offices and corporations. Our intricate understanding of the region allows us to provide unique insights and strategic perspectives to our clients. Currently, we have client offices in Beijing, Hong Kong, Melbourne, Sydney, Singapore, Seoul, Tokyo and Kuala Lumpur.
As part of the Australian and Asia Pacific Risk and Compliance team, this role is responsible for working with the Chief Risk Officer Australia and the wider Risk and Compliance department to embed our risk management framework in Australia. This will include the Three Lines of Defence Model, working closely and collaboratively with the business and Internal Audit to do so.
This is a senior risk management role for Melbourne with second-line responsibility for business activities across the Branch, providing risk management oversight, guidance, consultation and support to business unit managers relative to the risks faced by the Branch.
The key objectives of this position are to work with the business to identify, analyse, challenge, mitigate, report, and escalate risks posed to the Branch by the various business activities undertaken. You will use a pro-active consultancy style, and work closely with Northern partners locally and globally to offer technical advice, interpretation, objective challenge and training on corporate policies and business unit operational procedures. Interaction with clients and prospects to describe Northern’s approach to management of risk is also within scope. You will be fluent operating within a global organisation, with this role interacting with treasuries based in London and Chicago, and local interaction within the Melbourne and Sydney Branch.
The role will report functionally to the Chief Risk Officer, Australia.
What you will do
The role is broad in nature and will include taking a lead on management of business as usual tasks and key initiatives including:
As of June 30, 2020, Northern Trust Corporation had:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. In Australia, we are actively involved in many ways with both community and diversity organisations, which includes charity participation days. For families we offer a very generous parental leave scheme, and all staff have access to subsidised health insurance if they choose.
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 ethical companies. Build your career with us and apply today!
For a private discussion please contact Gez Williams on +61 3 9935 8204.