Senior Director of Enterprise Change Risk

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.

The Enterprise Change Risk Manager is a senior subject matter expert responsible for the design, development, implementation, and execution of complex change risk governance. This individual is a thought leader that will research, evaluate, and recommend solutions to address change risk and to implement forward-looking systems and processes that support policy and program execution to mitigate risks to the Bank associated with qualifying changes as defined in program documentation.

The key responsibilities of the role include:

• Use subject matter expertise and industry knowledge to establish a change risk governance framework, which includes independent oversight and effective challenge to Business Units' change management activities.
• Influence, oversee, or challenge other programs impacting change and approved change frameworks including their identification, prioritization, funding, risk and mitigation, and implementation of significant changes
• Perform independent reviews and risk assessments as defined in policy and procedures which may include emerging risks or risk acceptances
• Identify and document issues, monitor remediation efforts, recommend appropriate interventions and improvements to Business Units, other programs impacting change, approved change frameworks, and Enterprise Change Risk Management as needed.
• Subject matter expert that will identify, analyze, develop and implement process improvements to mitigate risk within and/or across multiple lines of business.
• Stay abreast of emerging issues related to Risk Management, business process automation and design and other relevant disciplines and incorporate new learning into work processes.
• Serve as a subject matter expert, resource and mentor to internal and external teammates.

The successful candidate will benefit from having:

• 15+ years of proven experience in establishing new Corporate change risk or to other risk programs or initiatives
• Proficiency in producing routine and ad-hoc senior-level and executive management reporting which could include variance and trend analysis.
• Understanding of different risks and controls across financial and non-financial areas
• Strong problem-solving skills (e.g., ability to structure ambiguous problems and mobilize diverse teams to solve them; ability to lead the team to define the root cause of issues)
• Strong analytical skills (e.g., financial analysis, budgeting, strategic planning)
• Deep understanding of project management and portfolio management techniques and methods (i.e., what good looks like), change management principles, and how to build high-performing teams
• At-scale project management experience across a portfolio of initiatives (e.g., defining objectives and success metrics, developing execution plans, identifying and managing dependencies, anticipating and resolving roadblocks, ensuring that the project teams stay on track, proactively managing dependencies and making purposeful trade-offs)
• Experience in leading diverse, cross-functional teams to come up with the best solution, including coaching and building capabilities for high-quality execution
• Ability to move people to act (e.g., convening, structuring, owning the agenda and facilitating meetings and workshops to lead groups to agreement and commitment to execute)
• Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams)
• Ability to communicate effectively verbally and in writing with all audiences, including senior leaders, in a structured manner, including on high-sensitivity topics (e.g., organizational structure, funding)
• Ability to develop hypotheses and make quick decisions in a fail-fast supportive environment that fosters and encourages a continuous improvement mindset and execution

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Salary Range:

$171,700 - 300,500 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive