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 world’s 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 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Application Business Owner (ABO) Specialist

Job Summary:

The ABO Governance Specialist supports the design, implementation, and ongoing refinement of governance models that ensure business accountability across critical technology applications.

This role contributes to standardization, control, and oversight practices that promote regulatory compliance, operational resilience, and strategic alignment within Northern Trust.

Responsibilities:

Support development and maintenance of governance framework for application business ownership

Contribute to defining roles, responsibilities, and escalation paths across business and technology

Facilitate business engagement throughout the application lifecycle

Assist in integrating ownership requirements into risk, compliance, and control programs

Help establish KPIs and dashboards to monitor ownership effectiveness

Participate in change management and communication efforts for governance adoption

Act as a point of contact for Business Owners, Application Managers, and auditors

Ensure third-party ownership aligns with enterprise vendor management policies

Maintain documentation to support audit and regulatory readiness

Qualifications:

7+ years of experience in governance, risk, application management, or business-technology oversight

Strong understanding of application lifecycle management and regulatory expectations (e.g., OCC, FFIEC, SOX)

Proven ability to support governance models across business and technology functions

Strong communication and influencing skills with executive stakeholders

Experience with governance tools, application inventory systems, and risk management platforms

Financial institution experience preferred

#LI-MG1

#Hybrid

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s 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 MyHRHelp@ntrs.com.

 
We hope you’re 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.