Manager, Procurement And Third-party Governance & Compliance

Northern Trust Corporation

Base: $114,700 - $194,900 usd; bonus/equity: discr...
Hybrid
First line of defense governance leadership
Risk and control matrix design and maintenance
Third-party risk management expertise
Northern Trust Corporation is seeking a Manager for Procurement and Third-party Governance & Compliance, responsible for establishing a comprehensive governance framework and ensuring compliance within the organization. The ideal candidate should have 10+ years of experience in procurement governance, risk management, and audit, particularly in a financial services environment

Job Summary

  • This senior leadership role is responsible for designing and sustaining a comprehensive governance framework across Global Procurement and Third-Party Management.
  • The position serves as the primary First Line of Defense subject matter leader accountable for audit readiness, regulatory change management, and remediation execution.
  • Northern Trust offers a comprehensive benefits package including retirement benefits, health coverage, and a discretionary bonus program with potential equity components.

Matching Summary

Match Score: 85

Northern Trust Corporation is seeking a Manager for Procurement and Third-party Governance & Compliance, responsible for establishing a comprehensive governance framework and ensuring compliance within the organization. The ideal candidate should have 10+ years of experience in procurement governance, risk management, and audit, particularly in a financial services environment.

Salary

Base: $114,700 - $194,900 USD; Bonus/Equity: Discretionary bonus program may include equity component; Benefits: Comprehensive package including 401k, pension, medical, dental, vision, and paid time off

Skills & Requirements

Must-have

  • First Line of Defense governance leadership
  • Risk and Control Matrix design and maintenance
  • Third-Party Risk Management expertise
  • Regulatory change management process
  • Audit readiness program execution
  • Executive reporting on risk and issues

Nice-to-have

  • Strong stakeholder influence skills
  • Experience in highly regulated environments
  • Ability to drive continuous improvement
  • Trusted advisor relationship building

Key Requirements

  • 10+ years experience in procurement governance or risk management
  • Deep knowledge of RACMs, RCSA, and audit lifecycle
  • Demonstrated experience leading regulatory exams and audits
  • Proven ability to design governance frameworks

Work Rights

Not specified

Tailored Resume

Cover Letter