This senior leadership role is responsible for designing and sustaining a comprehensive governance, audit, and compliance framework across Global Procurement and Third-Party Management
Job Summary
This senior leadership role is responsible for designing and sustaining a comprehensive governance, audit, and compliance framework across Global Procurement and Third-Party Management.
The successful candidate will serve as the primary First Line of Defense subject matter leader, accountable for audit readiness, regulatory change management, and risk control effectiveness.
Northern Trust offers a competitive salary range of $114,700 to $194,900 USD along with a comprehensive benefits package including retirement, health, and discretionary bonuses.
Matching Summary
This senior leadership role is responsible for designing and sustaining a comprehensive governance, audit, and compliance framework across Global Procurement and Third-Party Management.
Salary
Base: $114,700 - $194,900 USD; Bonus/Equity: Discretionary bonus program potentially including equity; Benefits: Comprehensive package including 401k, pension, medical, dental, vision, and paid time off
Skills & Requirements
Must-have
Procurement governance framework design
Third-Party Risk Management expertise
Risk and Control Matrix implementation
First Line of Defense leadership
Regulatory change management process
Audit readiness program execution
Nice-to-have
Executive presence with senior leaders
Cross-functional stakeholder influence
Proactive issue resolution skills
Transparent executive reporting ability
Continuous improvement mindset
Key Requirements
10+ years experience in procurement governance or risk management
Experience leading regulatory exams and audits within a 1LOD model
Deep knowledge of RACMs, RCSA, and audit lifecycle
Background in financial services or highly regulated environments