Consultant, Issues Management - Bangalore (Multiple Posts)

About Northern Trust As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Role Summary: As part of the First Line of Defense, the Issues Management Consultant is part of the Risk Management Control team which provides oversight and governance of the Risk Management Function controls to ensure resiliency and mitigate current and emerging risks. This role interacts with Risk Management teams globally, including a diverse business stakeholder group, through: Control Framework and Assurance Collaboration with First and Third Lines of Defense Program governance, Metrics and Reporting Supporting strategic change initiatives and projects The Consultant, BU Control is responsible for working with Control & Practice Managers to execute issue management best practices and administration associated with input, monitoring and reporting of Risk Management functions issues in the GRC system.  This role partners with Issue Managers across the Control team and our business stakeholder groups to identify obtain requisite information and ensure items are entered accurately and timely for tracking. In addition, the role may be exposed to additional opportunities for growth and development which may include risk-based control reviews, management and review of issues in remediation and in-depth analysis of incidents to identify key trends and solutions to prevent future reoccurrence.   This role offers the candidate an opportunity to grow and develop their risk and control skills and Risk Management Business Unit knowledge while also enhancing their internal network through the broad reach of stakeholder engagement at various seniority levels. Major Duties: Deliver best in class administration of issue management from identification and input into the GRC system, along with ongoing monitoring and reporting to ensure BU Control team is aligning to program requirements Escalate risk and control related matters to the practice control manager and IPMT team. Participate in the RCSA (Risk & Control Self-Assessment), Risk Control of  testing, self-identified issue identification, among others, for Risk Management business units, ensuring issues, risks and controls and all other data are appropriately triaged, identified and captured in the GRC system.