Consultant, Vendor Management

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. Major Duties :• Responsible for performing ongoing monitoring activities for HR vendors for an assigned HR/Workplace Services area(s) to ensure compliance with the requirements of the NT TPRM (Third Party Risk Management) program • Facilitate meetings with assigned vendor managers on all aspects of the TPRM program and consult on required templates/documents • Coordinates with cross-functional teams including Procurement, Risk, and IT teams to provide guidance to vendor managers to applicable requirements • Track, follow up, and monitor timely completion of the required TPRM documents by BU vendor managers • Conduct periodic training sessions to assigned BU vendor managers on the requirements and changes to the NT TPRM program • Perform Quality Control/Audits (QC/A) and activities required for review & approval by either internal to the team or by the TPRM program • Assist with resolving regional escalated issues and monitor timely resolution by BU vendor managers • Perform reporting to BU Senior Management and other NT internal groups on the status, issues and risks of the program for the assigned region. • Solves problems in straightforward situations • Analyzes possible solutions using technical experience and judgment and precedents • Impacts quality of own work and the work of others on the team • Works within guidelines and policies Knowledge :• Strong organizational and project management skills • Demonstrates strong analytical skills with the ability to generate complex reports on a regular and ad hoc basis • Excellent verbal and written communication skills with well-developed interpersonal skills • Highly flexible and adaptable to change in a high demand environment • Proficiency in Microsoft Word, Excel, PowerPoint as well as data analytic tools including PowerBI • Requires expanded conceptual knowledge in own job discipline • Understands key business drivers; uses this understanding to accomplish own work • Explains complex information to others in straightforward situations