Chief Risk Officer (Ireland) - PCF-14

About the role

Northern Trust has a significant presence in Ireland, with over 1,800 partners supporting key business activities across the region. The Chief Risk Officer for Northern Trust (NT) Ireland and PCF 14 for TNTC-IB is a newly established role with two critical elements. First, to act as the PCF 14 for the newly established TNTC-IB entity and second, to serve as CRO for NT Ireland providing broader leadership oversight of second line of defense activities supporting all Northern Trust legal entities in Ireland. In this role, the successful candidate will oversee the adoption and implementation of Northern Trust's enterprise risk management framework (localized where required by jurisdictional regulatory requirements) and provide independent oversight and challenge of in-country first line decision-making, including oversight of offshored and outsourced activities as they relate to TNTC-IB. The role will report functionally to the International Chief Risk Officer and will be a member of the CEO of Northern Trust Ireland's Management Committee.

Responsibilities

• Provide Risk Management and leadership oversight for Northern Trust activities in Ireland, including Operational Risk, IT/Cyber Risk, Compliance, Fiduciary Risk, and relevant financial risks.
• Work closely with the CEO of NT Ireland and other senior leaders to understand business activities and identify, assess, and mitigate risks, while maintaining independent second line oversight and challenge.
• Serve as a senior contact point for local regulators (CBI) and, where appropriate, other regulators (e.g., Federal Reserve).
• Serve as a trusted advisor to both the International Chief Risk Officer and the CEO of Northern Trust Ireland, providing independent oversight and challenge.
• Maintain a full appreciation of prudential regulatory requirements, credit risk issues, compliance risk, and market/regulatory developments, with the ability to assess impact and identify associated risk issues.
• Provide local oversight of the Ireland Risk and Compliance function, while respecting individual PCF responsibilities and legal entity accountability.
• Partner with Risk and Compliance colleagues across EMEA and globally to ensure appropriate alignment and interaction with regional and enterprise functions.
• Support Ireland businesses in managing operational risks, including third-party, offshoring, and operational resilience risks, and establish appropriate frameworks.
• Act as an active member of the TNTC-IB Risk Committee.
• Participate in relevant Group-wide and EMEA risk forums.
• Lead, manage, and develop second line Risk and Compliance teams.

Requirements

• Extensive experience in risk and compliance, ideally within a financial institution or professional services firm.
• Professional qualification in Accountancy, Legal, Audit, or Compliance.
• Strong experience in banking, asset servicing, asset administration, or depositary businesses.
• Deep understanding of risk, compliance, governance, and control frameworks, with the ability to operate effectively at Board level.
• Proven leadership experience, including presenting to executive and Board-level audiences.
• Strong analytical and problem-solving capability.
• Confidence to provide independent challenge where appropriate.
• Excellent written and verbal communication skills.
• Experience managing and developing professional teams.
• Work Authorization
• Applicants must have the right to work in Ireland at the time of application and for the duration of employment.
• Working with Us
• Philanthropy is deeply rooted in

Benefits

Additional Information

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.

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