Risk Event & Issue Management Specialist

Northern Trust

. Provide necessary guidance and oversight to ensure adherence with firm’s non-financial risk programs .

Posted 5/1/2026full-timeChicago • Connecticut, Illinois, New Jersey • 🇺🇸 United StatesSeniorLead💰 $114,700 - $194,900 per yearWebsite

About the role

Key responsibilities & impact

Provide necessary guidance and oversight to ensure adherence with firm’s non-financial risk programs
Provide advisory services on risk event matters
Leverage stakeholder management skills to facilitate the resolution of operational errors
Perform independent risk event investigations and lessons learned analysis
Assist in the identification of control weaknesses and suggest remediation activities
Support reporting on the Risk events and identified themes
Perform periodic reviews of existing and new processes
Maintain robust understanding of internal documents governing Risk Management Lifecycle
Serve as a subject matter expert to Control Owners and Issue Owners
Review evidence provided by Issue Owner to validate remediation actions
Monitor the status of remediation actions and provide periodic updates

Requirements

What you’ll need

7+ years of experience working in risk, control, audit or related function at a large financial institution
Outstanding communication and influencing skills, both written and verbal
Outstanding attention to detail and problem-solving skills
Demonstrated ability to work collaboratively within and across global project teams
Proficient in Microsoft Office with strong Excel skills for data analysis
Strong situational awareness and decision-making capabilities
Excellent prioritization skills and comfort dealing with ambiguity
Strong understanding of risk management and asset management practices
Solid understanding of regulatory, compliance and legal environment within the Asset Management industry

Benefits

Comp & perks

Retirement benefits (401k and pension)
Health and welfare benefits (medical, dental, vision, spending accounts and disability)
Paid time off
Parental and caregiver leave
Life & accident insurance
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk managementdata analysisauditcontrolremediationinvestigationsprocess reviewsoperational error resolutionlessons learned analysisstakeholder management

Soft Skills

communicationinfluencingattention to detailproblem-solvingcollaborationsituational awarenessdecision-makingprioritizationcomfort with ambiguity