Risk & Resilience Manager

4 days ago


Singapore Northern Trust Full time
About the Role
Northern Trust, a Fortune 500 company and globally recognized financial institution, seeks a highly skilled Risk & Resilience Manager to join its Global Fund Services (GFS) team. As a key member of the GFS Risk & Reg Mgt Office, you will report directly to the Regional Head of Office.

This specialist opportunity is part of Northern Trust's efforts to maintain operational resilience and oversight framework across business functions, including Fund Administration, Middle Office, Depositary, Ancillary services, with connectivity to business services and custody operations. Your primary responsibility will be to support the centralized management and engagement of NT corporate risk and regulatory themes, translation of regulator and corporate regimes and frameworks, and proactive direction and oversight of delivery, embeddedness, and ongoing monitoring activities.

Main Responsibilities - Resilience and Outsourcing Management
  • Support the operation of the GFS framework for adherence to resilience and outsourcing regulatory themes, aligned with Northern Trust policy and direction.
  • Support independent identification and oversight of resilience issues and/or vulnerabilities through operating a framework of value chain and critical dependency mapping, resilience testing, and monitoring of key resilience indicators.
  • Support GFS clients in their obligations under the resilience regulations, providing information and guidance on Northern Trust's IBS resilience and support for collaborative stress testing.

Requirements
To succeed in this role, you will have significant experience in Fund Services administration, banking, or asset management, with thorough understanding of key risks and regulatory obligations for Transfer Agency/Fund Accounting/Investment Operations Outsourcing/Financial Reporting. You will also have experience working with critical regulatory frameworks, including Operational Resilience, Outsource Risk Management, Compliance Oversight, and managing senior exec stakeholders and business unit owners. Excellent oral and written communication skills are essential, with the ability to present confidently to legal entity governance bodies and executives. The salary range for this position is estimated at $120,000-$150,000 per year.

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