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Job Description
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. Associate Specialist - Non-Traditional Third-Party Management & Sourcing Position Summary The Senior Associate, Non-Traditional Third-Party Management & Sourcing, serves as a hybrid resource between Procurement and the Third-Party Management Office (TPMO). This role supports atypical and non-traditional third-party (NTTP) engagements throughout the relationship lifecycle, providing expertise in sourcing, contracting, governance, and third-party risk management requirements. The position partners with business stakeholders, Legal, Procurement, and TPMO to ensure engagements are established and managed in accordance with Northern Trust policies, standards, and regulatory expectations. Key Responsibilities Support NTTP engagements from onboarding through renewal or termination. Lead and coordinate complex or non-standard contracting activities with Procurement, Legal, TPMO, and business stakeholders. Facilitate unique contract requirements and ensure alignment with Northern Trust policies and third-party management standards. Provide guidance on sourcing, contracting, due diligence, and ongoing monitoring requirements for NTTP categories. Review contracts and engagement structures periodically to ensure continued compliance with governance, risk, and regulatory expectations. Partner with business units that execute third-party risk management activities under TPMO oversight. Identify process gaps, contract risks, and compliance issues, and drive remediation with stakeholders. Serve as a key liaison between Procurement, TPMO, Legal, Risk SMEs, and the business Qualifications Experience in Procurement, Strategic Sourcing, Third-Party Risk Management, Vendor Management, or Contract Management. Understanding of contracting processes and third-party lifecycle requirements. Strong stakeholder management, problem-solving, and communication skills. Ability to navigate complex business arrangements and regulatory requirements in a financial services environment. Success Profile The ideal candidate combines procurement and contracting expertise with third-party risk management knowledge, enabling effective oversight of non-traditional third-party relationships and ensuring compliance throughout the engagement lifecycle. Work Authorization Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa). 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 MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with. About Our Tempe Office The Northern Trust Tempe office opened in 2015 with 75 employees and now serves over 75 different business functions with more than 700 employees. The team is recognized as a Global Capability Center that delivers exceptional value, quality, expertise and innovation through our diverse talent. Learn more. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we've been named one of the world's most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure - North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.
APAC/INDIA EEO STATEMENT
It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada
EEO STATEMENT
Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.
EMEA EEO STATEMENT
It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.
USA EEO STATEMENT
It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)
