Senior Consultant – Third Party Risk Management

Northern Trust

. Track program throughput across third-party management lifecycle elements, including Planning, IRQs, DDQs, Ongoing Monitoring, Contracting, and Termination .

Posted 10/5/2026full-timeUnited StatesSenior💰 $95,600 - $162,400 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in third-party risk management, including program design, risk scoring methodologies, and regulatory compliance. Proficient in utilizing tools like Coupa and ServiceNow to enhance program efficiency and reporting.

Highest-signal resume keywords

Third-Party Risk ManagementRisk Scoring MethodologiesTPRM-Related CertificationCoupa ExperienceThree Lines Of Defense Model

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Program DesignRisk MethodologiesRegulatory ComplianceVendor Risk ManagementRisk ReportingContinuous ImprovementProject TrackingRisk IndicatorsIssue RemediationDocumentation Maintenance

Soft Skills

Organizational SkillsInfluencing SkillsAnalytical SkillsProblem-Solving SkillsCommunication Skills

Tools & Technologies

CoupaServiceNowCybetaInterosWorkflow Automation Platforms

Certifications & Qualifications

CTPRPCTPRA

Industry Keywords

Third-Party Management LifecycleRisk AcceptancesOngoing MonitoringContractingTerminationGlobal Risk Regulatory RequirementsOCC BulletinsFFIECFRBFDIC

Tech Stack

Tools & technologies

ServiceNow

About the role

Key responsibilities & impact

Track program throughput across third-party management lifecycle elements, including Planning, IRQs, DDQs, Ongoing Monitoring, Contracting, and Termination
Review periodic inventory, open issues, risk acceptances, and internal project tracking
Identify, log, track, remediate, validate, and report third-party-related issues and incidents
Design and periodically review program artifacts, risk methodologies, service categories, risk profiles, and reporting thresholds
Assist and guide business partners through third-party lifecycle stages
Identify gaps and drive continuous improvement across onboarding, due diligence, monitoring, and offboarding
Participate in projects that automate or streamline repetitive tasks using Coupa tools or workflow automation platforms
Maintain documentation and evidence of controls, risk decisions, and remediations
Track milestones, dependencies, and deliverables across projects and assigned relationship portfolios
Engage with risk domain SMEs, vendors, and vendor relationship managers
Serve as point of contact for program performance updates, risk issue escalations, and regulatory reviews
Assist second-line-of-defense partners with business-user input for deliverables
Use dashboards and key risk indicators to monitor third-party risk posture and performance
Report progress to the board, risk committees, and regulators as needed
Participate in cross-functional teams addressing third-party program design, strategy, enterprise critical vendor management, and related subject-matter areas
Report to a TPMO team manager and collaborate with business units, second line of defense, team leads, and offshore quality control teams

Requirements

What you’ll need

Bachelor's degree and approximately 10 years of related work experience
Clear understanding of and experience in the Three Lines of Defense model
Thorough understanding of third-party (vendor, supplier, etc.) risk management
Prior experience designing program solutions, risk scoring and aggregation methodologies, and committee reporting
Understanding of global risk regulatory requirements, with emphasis on US (OCC Bulletins, FFIEC, FRB, FDIC) or UK (PRA, FCA)
TPRM-related certification such as CTPRP or CTPRA
Proven track record managing vendor risk and/or leading large-scale risk or compliance initiatives
Expertise in third-party risk frameworks and regulatory requirements
Experience with Coupa, ServiceNow, Cybeta, Interos, or similar tools
Strong organizational skills
Ability to influence activities across multiple teams and business units
Outstanding writing, communication, and presentation skills
Sound analytical and problem-solving skills
Strong networking ability
Applicants must be authorized to work in the U.S. without employment-based visa sponsorship now or in the future

Benefits

Comp & perks

retirement benefits (401k and pension)
health and welfare benefits (medical, dental, vision, spending accounts and disability)
paid time off
parental and caregiver leave
life & accident insurance
other voluntary and well-being benefits
discretionary bonus program that may include an equity component
flexible and collaborative work culture
Movement within the organization is encouraged
Inclusive workplace
Reasonable accommodation for individuals with health conditions and disabilities