Principal – Technology Risk and Control- Artificial Intelligence & Cloud Risk

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.

Enterprise Framework & Governance

Evolve the enterprise AI and Cloud Risk & Control Framework partnering with AI Architecture Model Risk Cyber Data Privacy Resilience and ThirdParty Risk teams to ensure consistency and regulatory defensibility.

Define enterprisewide risk taxonomy and tiering aligned to usecase criticality autonomy data sensitivity customer impact and systemic exposure.

Establish clear risktocontrol linkages to support consistent decisions and auditready governance.

Define minimum control expectations for AI and Cloud services and act as the authoritative interpreter of AI and Cloud risk standards.

AI & Cloud Risk Assessment

Collaborate on the enterprise AI and Cloud risk assessment methodology ensuring it is riskbased proportionate repeatable and auditable.

Partner with AI Architecture and Model Risk to assess inherent and residual risks including model behavior bias explainability data risk security resilience and autonomy.

Embed risk assessment across the AI lifecycle and cloud onboarding and architecture decisions ensuring outcomes inform risk acceptance and executive reporting.

Control Design & Effectiveness

Set expectations for AI and Cloud control design ensuring controls are embedded by design and aligned to preventive detective and corrective principles.

Define standards for human oversight monitoring logging explainability and evidence.

Partner with Risk and Assurance teams to assess control effectiveness and drive remediation of systemic gaps.

Regulatory Alignment & Advisory

Ensure alignment with internal standards model risk governance and emerging AI regulatory expectations.

Translate regulatory requirements into practical implementable controls for firstline teams.

Act as a trusted risk advisor and challenger to senior Technology Cloud Architecture and AI leaders owning final risk recommendations for highimpact initiatives.

Enablement & Maturity

Develop playbooks and guidance to scale consistent AI and Cloud risk practices.

Coach risk and technology partners to improve enterprise risk fluency.

Advance AI governance maturity including automation and integration with modern engineering practices.

Experience & Background

15 years of experience in Technology Risk Cyber Risk Model Risk Cloud Risk or related disciplines with demonstrable enterpriselevel accountability.

Proven track record of designing and owning enterprisewide risk and control frameworks.

Deep exposure to AI systems cloud platforms and complex digital architectures within regulated environments.

Professional certifications such as CISSP CCSK CRISC or equivalent (preferred not mandatory).

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.

About Our Pune Office

The Northern Trust Pune office established in 2016 is now home to over 3000 employees. The office handles various functions including Operations for Asset Servicing and Wealth Management as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to 2024 they volunteered more than 10000 hours into the communities where they live and work. Learn more.