Enter a job title or keyword

Associate Specialist, Asset Servicing Controls

Northern Trust


Job Location:

Chicago, IL - USA

Monthly Salary: $ 95600 - 162400
Posted: 19 May 2026 (30+ days ago)
Application Deadline: 16 August 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

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.

About the Opportunity

As an Associate Specialist Asset Servicing Controls you will join the Asset Servicing Control team and help strengthen the control environment across operational processes procedures and client servicing deliverables.

This role offers broad exposure to Asset Servicing and control teams across the organization with opportunities to partner with control managers business stakeholders and cross-functional teams on key priorities including:

  • Control oversight and risk mitigation

  • Process and control reviews

  • Policy review governance metrics and reporting

  • Risk reviews incident analysis escalation and RCSA

What Youll Do

  • Conduct risk reviews across operational processes and client servicing deliverables.

  • Review and test processes and controls and recommend actions to address gaps.

  • Support control initiatives that enhance efficiency and strengthen controls.

  • Support governance metrics and reporting for Asset Servicing controls.

  • Review policies and standards to support risk mitigation and regulatory alignment.

  • Escalate risk and control matters to key stakeholders.

  • Evaluate incidents and losses to identify trends root causes and corrective actions.

  • Support RCSA activities by assessing and challenging risks and controls.

  • Support operational and corporate risk initiatives as needed.

  • Lead issue remediation activities in partnership with business units.

  • Lead operational loss event activities in partnership with business units.

What Youll Need

  • Bachelors degree in business management or a related field preferred.

  • Experience in banking or another regulated environment ideally in risk controls audit compliance or governance.

  • Experience with Governance Risk and Compliance (GRC) tools preferred.

  • Strong analytical problem-solving and prioritization skills.

  • Strong communication skills and the ability to influence diverse stakeholders.

  • Ability to think strategically and execute in a fast-paced environment.

  • Proficiency in Microsoft 365 applications including Excel PowerPoint Outlook Visio Power BI and SharePoint.

#LI-MG1

#Hybrid

Salary Range:

$95600 - 162400 USD

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.


Required Experience:

IC


About Company

Company Logo

Discover Northern Trust’s trusted financial services for individuals, families, and institutions. Guided by service, expertise, and integrity since 1889, we offer wealth management, asset servicing, and investment solutions tailored to your goals.

View Profile View Profile