Northern Trust

Chief Risk Officer, NTIFASIL

Dublin, Ireland; Limerick, Ireland;
07 Jun 2024
04 Jul 2024
Contract type
Full time
Experience level
Qualified accountant

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role/ Department:

The Ireland Risk Management function is part of the independent Corporate Risk Management organisation and has been set up to work closely with the Irish legal entities to oversee, assess and advise on risk management including service delivery, board and/or risk committee representation, and reporting, implementation of the risk management framework, significant change activity, material incident management and facilitate embedding a risk management culture.

Responsible for the development, and ongoing maintenance, of the Northern Trust International Fund Administration Services Ireland Limited (NTIFASIL) Risk Management Framework to assist with the identification and assessment of risks and, the establishment of risk limits in accordance with the global risk organization. Ensuring through management and leadership that appropriate local risk management policies, processes, procedures, and systems are in place and operating effectively.

The role is will be a PCF-14 Chief Risk Officer - providing thought leadership, consultation, and participation in business decisions with peers and senior management.

The key responsibilities of the role include


  • Responsible for direction of NTIFASIL risk management practices, including the implementation of the risk management framework.

Governance & Oversight:

  • Coordinates and documents risk management in accordance with laws, regulations, and policies in accordance with the NTIFASIL business models.
  • Oversees the development and implementation of risk management policies in NTIFASIL, where necessary to meet regulatory expectations.
  • Oversees, plans, and directs the activities for the NTIFASIL Risk Management function, ensuring that objectives are being met.
  • Provides counsel to business unit managers on risk management issues within NTIFASIL.
  • Participates in and/or presents to senior management and/or Board committees as appropriate.
  • Legal entity risk oversight including development and embedding of appropriate risk frameworks, risk appetites, and related risk reporting for NTIFASIL.

Regulatory Responsibilities:

  • Abides by all regulatory requirements, including the Central Bank of Ireland Fitness and Probity expectations.


  • Promote Northern Trust’s corporate values of Service, Integrity, and Expertise act as a role model, and demonstrate behaviours in a way that is aligned to the Conduct framework, enforcing the values and ethical standards of the Corporation.

Skills/ Qualifications:

  • Risk Management knowledge, with thorough understanding of the challenges faced by senior management operating within a heavily regulated environment.
  • An understanding of fund administration is desirable, particularly the strategic and business issues faced by the firm and its business sector and the associated risk management frameworks required.
  • Strong background in risk frameworks, governance, reporting, and oversight, including presenting to and engaging with senior internal and external stakeholders.
  • Leadership and organizational skills are required to direct relevant activities for NTIFASIL. Excellent oral and written communication skills are required.
  • Analytical and communication skills are required to develop/review framework elements and procedures and to work with line areas to oversee and manage risk activities.
  • Highly flexible and adaptable to change. Technical skills/systems.
  • Prior experience in a regulated role is desirable.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today.

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.

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