Northern Trust

Fiduciary Risk Sr. Consultant

Northern Trust

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly skilled financial professional with a passion for managing fiduciary risk? Do you thrive in a fast-paced and dynamic environment? Look no further - Northern Trust is seeking a dedicated and experienced Fiduciary Risk Sr. Consultant to join our team. As a leading global financial institution, Northern Trust prides itself on our commitment to integrity, transparency, and client-centric service. We are looking for a driven individual with a strong understanding of fiduciary risk management and the ability to provide strategic solutions for our clients. If you possess the necessary qualifications and a strong personal drive, we invite you to apply for this exciting opportunity.

  1. Develop and implement strategies for managing fiduciary risk across various client portfolios.
  2. Conduct thorough risk assessments and identify potential areas of vulnerability within client accounts.
  3. Collaborate with internal teams to ensure compliance with fiduciary standards and regulations.
  4. Monitor and analyze market trends and changes in fiduciary risk management practices.
  5. Provide expert guidance and support to clients on fiduciary risk management strategies and best practices.
  6. Review and evaluate client portfolios to identify potential risk exposure and recommend appropriate solutions.
  7. Stay updated on industry developments and regulatory changes related to fiduciary risk management.
  8. Develop and maintain strong relationships with clients to understand their needs and provide tailored risk management solutions.
  9. Participate in client meetings and presentations to communicate risk management strategies and recommendations.
  10. Train and mentor junior team members on fiduciary risk management processes and procedures.
  11. Collaborate with cross-functional teams to develop and implement new risk management initiatives.
  12. Maintain accurate and up-to-date documentation of risk management processes and procedures.
  13. Monitor and report on the effectiveness of fiduciary risk management strategies and make recommendations for improvement.
  14. Adhere to the company's values of integrity, transparency, and client-centric service.
  15. Continuously strive to enhance the company's reputation as a leading global financial institution.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Bachelor's Degree In Finance, Accounting, Or A Related Field.

  • Excellent Analytical And Problem-Solving Skills, With The Ability To Identify And Mitigate Potential Risks.

  • Minimum Of 5 Years Of Experience In Fiduciary Risk Management, Preferably In A Consulting Or Financial Services Environment.

  • Strong Understanding Of Fiduciary Regulations And Risk Management Principles.

  • Exceptional Communication And Interpersonal Skills, With The Ability To Effectively Collaborate With Cross-Functional Teams And Present Complex Information To Senior Stakeholders.

Required Skills
  • Risk Management

  • Financial Analysis

  • Reporting

  • Audit

  • Compliance

  • Client Relations

  • Due Diligence

  • Trust Administration

  • Governance

  • Regulatory Knowledge

  • Legal Expertise

  • Investment Oversight

Soft Skills
  • Communication

  • Conflict Resolution

  • Customer Service

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Fiduciary Risk Sr. Consultant in Chicago, IL, USA is $100,000 - $150,000 per year. This may vary depending on the specific company, industry, and level of experience.

Additional Information
Northern Trust is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 2nd, 2025
Apply BeforeAugust 19th, 2025
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About Northern Trust

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.

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