Business Analyst, IAM Risk & Audit

About Northern Trust

As a global leader in innovative wealth management asset servicing asset management and banking services Northern Trust (Nasdaq: NTRS) is proud to guide the worlds most successful individuals families corporations and institutions.

Since 1889 we have aligned our efforts with our three guiding Principles That Endure: Service Expertise and Integrity. Together they reflect the three cornerstones of business conduct which we strive to instill in our employees whom we call partners and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Position Summary

The Business Analyst Identity & Access Management (IAM) Risk & Audit plays a key role in supporting the organizations IAM governance risk and compliance programs. This position partners with IAM engineering teams risk management internal audit compliance functions and business stakeholders to strengthen the IAM control environment and support regulatory audit and risk management activities.

The successful candidate will support control monitoring audit readiness reporting issue remediation and process improvement initiatives across key IAM capabilities including Identity Governance & Administration (IGA) Privileged Access Management (PAM) Access Controls Authentication Authorization and Directory Services.

Key Responsibilities

Audit & Compliance Support

• Support internal and external audit activities related to IAM processes and controls.
• Gather validate and deliver audit evidence in accordance with established timelines.
• Assist with regulatory examinations risk assessments and compliance reviews.
• Partner with control owners to address audit requests and inquiries.
• Maintain documentation supporting IAM policies standards procedures and controls.

Risk & Control Management

• Support execution and monitoring of IAM controls.
• Assist in identifying control gaps process weaknesses and areas for improvement.
• Track audit findings risk issues and remediation activities through completion.
• Help ensure IAM processes align with regulatory and security requirements.
• Participate in control testing and validation activities.

Reporting & Data Analysis

• Develop and maintain IAM risk audit and compliance reporting.
• Analyze IAM data to identify trends control exceptions and operational risks.
• Create dashboards scorecards and metrics to support management reporting.
• Assist with KPI KCI and control effectiveness reporting.
• Support recurring reporting requirements for leadership and governance forums.

Process Improvement

• Identify opportunities to improve audit readiness and control effectiveness.
• Assist in automating manual reporting and evidence collection processes.
• Contribute to the development of standardized documentation and repeatable procedures.
• Support continuous improvement initiatives that improve efficiency and reduce risk.

Collaboration & Stakeholder Engagement

• Work closely with IAM engineers risk teams auditors and business stakeholders.
• Communicate audit requirements findings and remediation progress effectively.
• Participate in risk reviews control discussions and project meetings.
• Support knowledge sharing and best practice adoption across the IAM organization.

Required Qualifications

• Bachelors degree in Cyber Security Information Technology Business Computer Science or a related field.
• 3-7 years of experience in Cyber Security IAM Risk Management Audit Compliance or related disciplines.
• Understanding of Identity & Access Management concepts and practices.
• Experience working with control frameworks audit activities or compliance processes.
• Strong analytical and problem-solving skills.
• Ability to analyze data and produce meaningful reporting.
• Strong organizational skills with attention to detail.
• Excellent written and verbal communication skills.
• Proficiency with Microsoft Office products including Excel PowerPoint and Word.

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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B L-1 TN O-1 E-3 H-1B1 F-1 J-1 OPT CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner you will be part of a flexible and collaborative work culture which has a strong history of financial strength and stability. Movement within the organization is encouraged senior leaders are accessible and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trusts history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process please email our HR Service Center at or alternatively you can discuss your individual requirements with the recruiter you are working with.