Risk Measurement Director-London
Northern Trust
- London
- Permanent
- Full-time
- Lead the risk appetite and metrics enhancements, as part of an enterprise-wide risk and control enhancement program
- Provide strategic guidance to the 2nd line leadership team to drive enhancement in the definition, escalation, and reporting of risk appetites and metrics, with a focus on increasing forward-looking measures and stress quantification
- Coordinate with the 1st line leadership team to embed awareness and management of the appetite and tolerances across the organization
- Drive automation of measurement, monitoring, and reporting, in coordination with technology, data, and analytics teams, escalating and defining action plans for data needs
- Develop an approach to ensure consistency and bottom-up approach to measurement of appetite and metrics at legal entities
- Lead discussions at risk oversight committees, driving focused materials and points of risk discussions
- Oversee the regular refresh of risk appetites and metrics, with a critical eye on industry best practices and evolving regulatory requirements and expectations
- Serve as a liaison with regulators and auditors to support examinations, as well as continuous monitoring efforts
- Proven experience establishing risk appetites and metrics at a financial services organization, preferably a GSIB
- Experience with financial and non-financial risk measurement and reporting and associated regulatory rules
- Proven capability in high-quality execution, including independently as well as moving cross-functional stakeholders to act
- Strong analytical skills (e.g., financial analysis, budgeting, and strategic planning)
- Strong communication skills, including verbal and written with all audiences, including senior leaders, in a structured manner, including on high-sensitivity topics
- Proven experience managing delivery of critical changes in complex environment
- Demonstrated ability to establish trust-based relationships with stakeholders across enterprise, including experience effectively reviewing and challenging and raising awareness of key stakeholders
- Knowledge of custody business is preferred
- Prior experience within a direct risk management measurement experience is preferred
- University/college degree in management or finance; An MBA or similar advanced degree is preferred
- Consulting experience is preferred