Strategic Remediation Validation, Associate
Strategic Remediation Validation, Associate
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Salary Not Disclosed
1 Vacancy
Job Description
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 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.
This is a newly created individual contributor position within the recently established Global Strategic Remediation Oversight and Governance team as part of the Global Regulatory Affairs Office. The successful candidate will report to the Remediation Validation Testing Manager. The successful candidate will bring proven expertise in financial services assurance and validation testing activities and will contribute to the execution of the significant remediation quality control/validation testing plan. Significant remediation activities will include those of regulators and internal audit.
The candidate will interact and build relationships with management across Northern Trust. Additionally the candidate will use their technical ability in the execution of the remediation quality control/validation testing plan.
This individual will play a key role in managing and executing Northern Trusts remediation quality control/validation testing program ensuring alignment with regulatory expectations and translating multiple requirements into a balanced validation program.
The key responsibilities of the role include:
Leadership
- Demonstrate strong initiative project management people skills sound decision-making intuitive thinking and sensitivity to cultural diversity
Technical / Operational
- Establish and develop strong working relationships with key stakeholders
- Accurately execute the quality control/validation approach and ensure that quality control/validation documentation is clear concise supports the reviews performed and explains decisions made
- Identify and analyze risks plan and prioritize validation tasks for on-time delivery conduct interviews observe operations document and analyze processes and controls
- Exercise responsibility over the execution of assigned regulatory validation projects and/or deliverables to ensure that work is performed prompt and accurately
- Develop and show an understanding of the business risks controls and processes along with an understanding of relevant laws regulatory rules and knowledge of the impact of systems within areas reviewed
- Escalate and/or communicate with relevant stakeholders to discuss the issues raised during the quality control/validation activities and agree path forward for resolution
The successful candidate will benefit from having:
Required Skills
- A college or university degree
- 2 yrs. experience in financial services with 1 years of direct internal audit or testing experience in a financial institution or similar consultancy experience in the financial services industry
- Superior analytical and organizational skills
- Ability to work under pressure
- Ability to multitask and prove flexibility to change plans at short notice
- Ability to communicate effectively in both oral and written forms with all levels of staff and management
Preferred Skills / Experience
- Professional certifications (e.g. CPA CISA CIA ACA ACCA) and/or an MBA or JD along with proven technical abilities in select areas (e.g. regulatory compliance risk management auditing)
- Experience in executing high quality high value internal testing programs for large businesses or regulated environments
Required Competencies
- Ability to execute a formal quality control/validation testing strategy that reflects the organizations risk profile regulatory/legal requirements and current risk trends
- Demonstrate strong initiative and people skills sound decision-making analytical and intuitive mind-sets political awareness and sensitivity to cultural diversity
- Ability to work through critical issues and realign priorities and deliverables as needed
- Ability to form evaluative judgment(s) based on analysis of information in complicated unique and dynamic situations
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 and apply 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:
IC
Employment Type
Full-Time
