Principal â Password Management
Principal â Password Management
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$ 137400 - 233600
1 Vacancy
Job Description
About Northern Trust:
Northern Trust a Fortune 500 company is a globally recognized awardwinning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.
The function of the Principal Password Management will play a critical role in ensuring that the organizations Password Management processes are aligned with regulatory requirements industry standards and internal processes. This position will develop and maintain password policies standards and procedures to ensure alignment with industry best practices and regulatory requirements. Additionally this position will be instrumental in aligning with business technology information security and other corporate teams to establish and strengthen adoption of Password Management practices standards and controls. The selected candidate will partner with IAM architecture engineering operations and program teams to ensure that Password Management strategy and roadmaps are in alignment with other IAM capabilities and towers of work.
MAJOR DUTIES
- Password Policy Development and Enforcement: Develop and maintain password policies standards and procedures to ensure alignment with industry best practices and regulatory requirements.
- Critical Account Remediation: Lead efforts to identify analyze and remediate critical account password issues including password reuse weak credentials and leaked credentials.
- Password Management Solution Design and Implementation: Design implement and maintain password management solutions including password vaulting synchronization and rotation.
- Password Sync Process Management: Develop and maintain password synchronization processes to ensure seamless integration with various systems and applications.
- Password Security Monitoring and Incident Response: Monitor passwordrelated security incidents and develop incident response plans to mitigate potential security risks.
- Collaboration and Stakeholder Management: Collaborate with crossfunctional teams including IT security and compliance to ensure password management solutions meet business requirements and regulatory standards.
- Technical Leadership: Provide technical leadership and guidance on password management best practices emerging trends and new technologies.
- Compliance: Monitor and assess compliance with relevant regulations standards and policies related to Password Management including but not limited to SOX SOC1 SOC2 GDPR NIST and industryspecific regulation
- Audit: Coordinate and participate in regular audits and assessment of Password Management controls. Generate report and documentation to demonstrate compliance status
- Metrics: Define and create key performance indicators (KPIs) and metrics to measure the effectiveness of Password Management and compliance
QUALIFICATIONS
- Broad understanding of identity and access management with expert knowledge in identity governance and administration
- Understanding of identity related regulatory requirements for all global regions
- Experience with IAM/password management tools: SailPoint OKTA Ping Hitachi Bravura
- Strong aptitude to develop and maintain internal and external business relationships and to leverage those relationships in pursuit of daytoday goals and responsibilities
- Excellent consultative skills
- Excellent oral and written communication skills are required
- Indepth Functional / Industry Knowledge is required
- Knowledge of information security network management operating systems software development database systems and information technology concepts needed to effectively manage the group
- Analytical and problem solving skills are required
- Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set
- A College or University degree and/or relevant proven work experience is required
- Industry certification such as CISSP CISM CISA SANS etc. is desired
Salary Range:
$USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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 and other voluntary and wellbeing benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
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.
Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us andapply today.#MadeForGreater
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 youre 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.
Required Experience:
Staff IC
Employment Type
Full-Time
