Senior Consultant - Model Governance

Northern Trust

Not specified (potentially hybrid based on company culture and flexible working environment).
Model risk management policy implementation
Sr 11-7 and ss1/23 regulatory knowledge
Enterprise model inventory management
Northern Trust is seeking a Senior Consultant for its Model Governance function within the Model Risk Management Group. The role focuses on developing governance processes, ensuring compliance with regulatory standards, and enhancing model risk management practices, while providing training and reporting to senior management

Job Summary

  • The role involves leading the design and implementation of model governance processes to ensure compliance with corporate policies and global regulations.
  • Candidates will be responsible for designing board-level reporting, managing model risk tiering, and overseeing the onboarding of new models into the firm.
  • Northern Trust offers a flexible, collaborative work culture with opportunities for movement within the organization and a commitment to community service.

Matching Summary

Match Score: 85

Northern Trust is seeking a Senior Consultant for its Model Governance function within the Model Risk Management Group. The role focuses on developing governance processes, ensuring compliance with regulatory standards, and enhancing model risk management practices, while providing training and reporting to senior management.

Skills & Requirements

Must-have

  • Model Risk Management Policy implementation
  • SR 11-7 and SS1/23 regulatory knowledge
  • Enterprise model inventory management
  • Board reporting and KPI/KRI design
  • STEM master's degree requirement

Nice-to-have

  • Generative AI trend awareness
  • Experience with MRM software tools
  • Strong presentation and communication skills
  • Basel Final rules familiarity
  • Collaborative work culture fit

Key Requirements

  • Master's degree in STEM field
  • 7+ years in risk management or audit
  • Experience at large financial institution

Work Rights

Not specified

Tailored Resume

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