Operational Risk Specialist (Designated Person PCF39B)- Dublin or Limerick

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. The role is for an Operational Risk Specialist, based in Ireland to act as the Designated Person PCF39B (subject to CBI approval) for Operational Risk Management on behalf of Northern Trust Fund Managers Ireland Limited (NTFMIL), which is authorised as a UCITS Management Company. The individual will work within the global Risk team, focused on supporting the successful EMEA and APAC Asset Management business and reporting to the International Chief Risk Officer. The role is suitable for someone with operational risk experience looking to apply that in a regulated role for a UCITS Management Company with over $100bn of AUM. The entity is responsible for both pooled and segregated mandates, which are managed by a combination of portfolio managers within NTFMIL and other NTAM entities. The individual will be the expert on all operational risk considerations for the entity, including third party oversight over the investment managers and other key NT service providers. Key Duties and Responsibilities: Day-to-day oversight of operational risk processes, including business resilience Performing the DP for Operational Risk Management role Reporting to Boards and regulators Ownership of Risk Management Framework document Ownership of Risk Appetite Statement Monitoring and assessment of risk appetite Delivery of ICAAP risk assessments Working with other Designated Persons across the entity Support of global non-financial risk processes Participation in cross-functional committees supporting ongoing governance and strategic developments Knowledge and Skills: Track record in a risk management capacity at a senior level, with detailed knowledge of asset management businesses, especially EU/UK regulated entities Suitable qualifications and experience that directly support the expectations of the PCF39B role (DP for Operational Risk Management) Experience with regulatory communication and expectations, as well as knowledge of relevant CBI, ESMA and UCITS regulations Compelling written and verbal communicator, with the ability to adjust communication style to audience need when explaining complex situations A global outlook with sensitivity and awareness of social and cultural differences Significant experience in an asset management risk role, or an operational risk role in a regulated business Work Authorization Applicants must have the right to work in Ireland at the time of application and for the duration of employment. Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks. Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. Reasonable Accommodation Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at , or alternatively you can discuss your individual requirements with the recruiter you are working with.