Northern Trust

Third Party Management - Data Governance Specialist

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

Are you a data governance enthusiast with a knack for third party management? Look no further! Northern Trust is seeking a highly skilled and motivated Data Governance Specialist to join our team. In this role, you will play a critical role in ensuring the integrity and security of our data through effective third party management. We are looking for a detail-oriented individual with a strong understanding of data governance principles and experience in managing third party relationships. If you are passionate about data privacy and protection, and have the necessary qualifications, we would love to hear from you!

  1. Develop and implement processes and procedures for effective third party management within the organization.
  2. Monitor and assess third party relationships to ensure compliance with data governance policies and regulations.
  3. Identify potential risks and issues related to third party data management and work to mitigate them.
  4. Collaborate with cross-functional teams to establish data governance best practices and standards.
  5. Conduct regular audits and reviews to ensure third party compliance with data governance protocols.
  6. Stay up-to-date on industry trends and regulatory changes related to data governance and third party management.
  7. Communicate and educate internal stakeholders on data governance policies and procedures.
  8. Act as a point of contact for third party vendors and establish and maintain strong relationships with them.
  9. Develop and maintain documentation of third party data management processes and procedures.
  10. Train and mentor team members on data governance principles and best practices.
  11. Collaborate with IT teams to ensure the security and integrity of data shared with third party vendors.
  12. Continuously monitor and assess the effectiveness of data governance processes and make recommendations for improvement.
  13. Work with legal and compliance teams to ensure third party contracts align with data governance policies and regulations.
  14. Support data privacy initiatives and ensure compliance with relevant laws and regulations.
  15. Serve as a subject matter expert on data governance and third party management for the organization.
  16. Participate in data governance committee meetings and provide updates and insights on third party management.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications

  • Extensive Knowledge Of Data Governance Principles And Best Practices: The Candidate Should Possess A Strong Understanding Of Data Governance Frameworks, Policies, And Procedures To Effectively Manage Third Party Data.

  • Experience In Vendor Relationship Management: The Ideal Candidate Should Have Experience In Managing Relationships With Third Party Vendors, Including Contract Negotiations, Performance Monitoring, And Issue Resolution.

  • Strong Analytical And Problem-Solving Skills: The Job Requires The Ability To Analyze Complex Data Sets And Identify Trends And Patterns To Ensure Data Integrity And Accuracy. The Candidate Should Also Be Able To Identify And Resolve Data Governance Issues Efficiently.

  • Excellent Communication And Collaboration Skills: The Candidate Should Have Excellent Communication Skills To Effectively Communicate With Various Stakeholders, Including Third Party Vendors And Internal Teams. Collaboration Skills Are Also Important To Work With Cross-Functional Teams And Drive Data Governance Initiatives.

  • Knowledge Of Regulatory Requirements: The Job Requires A Thorough Understanding Of Regulatory Requirements Related To Data Governance, Such As Gdpr And Ccpa. The Candidate Should Be Able To Ensure Compliance With These Regulations While Managing Third Party Data.

Required Skills

  • Project Management

  • Vendor Management

  • Data Analysis

  • Contract Negotiation

  • Compliance Management

  • Risk assessment

  • Information Security

  • Regulatory compliance

  • Vendor performance monitoring

  • Data Privacy

  • Stakeholder Communication

Soft Skills

  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Third Party Management - Data Governance Specialist in Chicago, IL, USA is $75,000 - $100,000 per year. This can vary depending on the specific company, experience level, and other factors.

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 BeforeJuly 8th, 2026
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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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