Associate Specialist, Control Monitoring Lead

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.

Continue to learn grow and evolve

No matter what greater means to you we can help you find it. We believe in empowering our partners with the resources support and opportunities to achieve greater and reach their full potential. A strong focus on individual career development and growth is just one way we help you reach your goals.

Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to strengthening the communities in which we live and work.

We are seeking an Associate Specialist Control Monitoring Lead to join our newly established Centralized 1LoD Control Testing & Monitoring function. This 1LOD team aims to standardize and enhance our control testing & monitoring practices across all Business Units and Corporate Functions. As a key member of this team you will play a pivotal role in supporting risk management activities across the includes the opportunity to be immersed across multiple operational and compliance areas with opportunities to specialize in specific areas of interest.

Reporting to the Head of Control Testing & Monitoring this role will operate under general supervision; however will primarily work independently to a help build and oversee the internal control monitoring program. Regular activities include: monitoring program governance developing the monitoring plan reporting and an in-depth analysis of monitoring results to identify key trends and solutions.

The key responsibilities of the role include:

• Assist in the development and maintenance of the Internal Control Monitoring Standard risk-based methodology and procedures.
• Assist in developing the internal control monitoring plan monitoring the status of the plan and providing updates to key stakeholders
• Oversee the development and maintenance if the Internal Control Monitoring GRC tool.
• Developing and delivering insightful reporting to key stakeholder driving action to strengthen the internal control environment.
• Responsible for assisting in the identification and escalation of follow-ups and potential deficiencies.
• Work closely with the business partners to obtain issue remediation action plans track and report status of remediation actions including maintaining dialogue with the business to ensure timely remediation of issues.
• Executing quality control over controls monitoring to ensure monitoring is executed consistently with quality and in accordance with enterprise standards.
• Assist with control projects operational and/or corporate risk initiatives where directed.

The successful candidate will benefit from having:

• Bachelors degree required
• 10 years of risk and control experience; 5 years direct control monitoring experience
• Experience in financial services industry; GSIB experience highly preferred
• Experience in working in fast paced and highly regulated environments
• Deep understanding of control frameworks and testing & monitoring methodologies
• Self-motivated with strong collaboration and communication skills both verbal and written with varying organizational levels including senior management
• Excellent analytics skills and attention to detail
• Strong interpersonal and leadership skills including experience mentoring
• Ability to juggle multiple tasks while effectively able to work towards deadlines
• Risk and Control certifications a plus (CIA CISA CRMA CFE etc.)

Salary Range:

Salary 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 well-being 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.