Operational Risk Specialist (Interim Designated Person - PCF-39B)

Are you a highly skilled and experienced risk professional looking for your next challenge? Look no further than Northern Trust! As an Operational Risk Specialist, you will play a critical role in identifying and mitigating operational risks within our organization. This is a unique opportunity to join a global leader in financial services and make a significant impact in ensuring the safety and soundness of our operations. We are seeking a dynamic and detail-oriented individual to serve as our Interim Designated Person - PCF-39B, responsible for overseeing our risk management framework and ensuring compliance with regulatory requirements. If you possess a deep understanding of operational risk management, a proven track record of success, and the ability to thrive in a fast-paced environment, we want to hear from you! Join our team and help us achieve our mission of providing exceptional service and protecting our clients' assets.

1. Identify and assess operational risks within the organization.
2. Develop and implement risk management strategies and plans.
3. Monitor and evaluate the effectiveness of risk management processes.
4. Identify potential areas of improvement and make recommendations for risk mitigation.
5. Ensure compliance with regulatory requirements related to operational risk.
6. Serve as the Interim Designated Person - PCF-39B, responsible for overseeing the risk management framework.
7. Conduct risk assessments and provide reports to senior management.
8. Collaborate with various departments to identify and manage risks.
9. Develop and maintain strong relationships with internal stakeholders to ensure effective risk management.
10. Stay up-to-date with industry developments and best practices in operational risk management.
11. Train and educate employees on risk management processes and procedures.
12. Analyze and interpret data to identify potential risks and trends.
13. Communicate risk information to relevant parties in a clear and concise manner.
14. Participate in internal and external audits and provide necessary support.
15. Continuously improve and refine risk management processes and procedures.

According to JobzMall, the average salary range for a Operational Risk Specialist (Interim Designated Person - PCF-39B) is between $90,000 and $120,000 per year. However, the salary can vary depending on factors such as experience, location, and the specific industry the specialist is working in.

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.