Northern Trust · 4 hours ago
Senior Consultant, Data Quality and Change Management
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$96K/yr - $162K/yr
7+ years expNorthern Trust, a Fortune 500 financial institution, is seeking a Senior Consultant in Data Quality and Change Management to join their team. The role involves managing third-party risk, improving processes, and collaborating with various teams to ensure effective program execution.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Responsible for tracking program throughput through the various third party management life cycle elements (Planning, IRQs, DDQs, Ongoing Monitoring, Contracting and Termination), periodic inventory review, open issues and open risk acceptance review and tracking of all internal projects
Responsible for designing and periodically reviewing program related artifacts, risk methodologies, service categories and associated risk profile, reporting thresholds etc
Accountable for assisting and guiding business partners through various stages of third party lifecycle to ensure quality program execution
Identify gaps and drive continuous improvement across the TPRM lifecycle (e.g., onboarding, due diligence, monitoring, offboarding)
Suggest and participate in improvement projects that automate or streamline repetitive tasks (e.g., through Coupa tools or workflow automation platforms)
Maintain strong documentation and evidence of controls, risk decisions, and remediations
Track milestones, dependencies, and deliverables across projects and/or an assigned portfolio of relationships
Engage with risk domain SME’s, vendors and vendor relationship managers
Serve as the point of contact for program performance updates, risk issue escalations, and regulatory reviews
Responsible for engaging with and assisting 2LOD partners by providing business users' input for 2LOD deliverables
Use dashboards and key risk indicators (KRIs) to monitor third-party risk posture and performance and determine areas of focus
Report progress to the board, risk committees, and regulators as needed
Participate in cross-functional teams associated with Third Party program requirements in areas such as design & strategy, enterprise critical vendor management, and other SMEs related subjects
Work alongside the Change Management team as a liaison
Qualification
Required
Proven track record managing vendor risk and/or leading large-scale risk or compliance initiatives
Expertise in third-party risk frameworks and regulatory requirements
Experience with tools such as Coupa, ServiceNow, Supply Wisdom or similar systems
Strong organizational skills
Ability to influence activities across multiple teams and across business units
Outstanding writing, communication, and presentation skills
Sound analytical and problem-solving skills
Strong networking ability to develop internal and external networks based on integrity and credibility through active listening and understanding
Bachelor's degree and/or approximately 7 years of related work experience with clear understanding of and experience in the Three Lines of Defense model
A thorough understanding of third-party (i.e., vendor, supplier, etc.) risk management, with prior experience in designing program solutions, risk scoring and aggregation methodologies and designing committee reporting
Understanding of global risk regulatory requirements with emphasis on US (OCC Bulletins, FFIEC, FRB, FDIC) or UK (PRA, FCA)
A TPRM related certification such as CTPRP or CTPRA
Benefits
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
Company
Northern Trust
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking.
10001+ employees
H1B Sponsorship
Northern Trust has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (180)
2024 (203)
2023 (102)
2022 (74)
2021 (298)
2020 (83)
Funding
Current Stage
Public CompanyTotal Funding
$1.25B2025-11-20Post Ipo Debt· $1.25B
1978-01-13IPO
Leadership Team
Michael O'Grady
President, Chief Executive Officer & Director
Peter Cherecwich
Chief Operating Officer
Recent News
2026-01-23
2026-01-22
Company data provided by crunchbase