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.

About the role;

The Control Consultant is responsible for providing support and oversight of the operational control environment for the designated practice areas.  The Consultant displays a balanced, cross-functional perspective, collaborating with the business and relevant Northern Trust counterparts (e.g., Risk, Legal, Compliance, Audit, etc.) to improve efficiency, control effectiveness, and productivity.

The Consultant has knowledge or expertise typically gained through formal education or equivalent experience and uses this provide guidance to the business on risk and controls. The Consultant operates under general supervision but works independently with control & practice managers to actively execute control best practices and advise on risk treatment and control enhancements. Regular activities include performing risk-based control reviews, executing effective design and operating test execution to support issues management and change management, advising on the business continuity plan and any identified gaps, and executing in-depth analysis of risk events to identify root cause, thematic trends and to propose and recommend solutions. The Consultant also will assist with periodic risk reviews of operational processes, procedures, and specific client servicing deliverables for risk mitigation and ensures risk review results are documented and reviewed with the control manager and global stakeholders.

The key responsibilities of the role include;

Provide advisory and assurance support to business stakeholders in maintaining and developing a robust control environment to manage both current and emerging risks. Key responsibilities include:

Participate in control projects, reviews and change initiatives, to advise and consult on  risk management, controls and efficiency enhancements.

Provide support in executing and monitoring of key programs such as the Risk and Control Self-Assessments (RCSA), Issue Management and Remediation, Operational Loss Events, Change Management, and , fraud  Standards etc.

Assist with the control reviews and testing to  identify excessive risk and/or control issues. Report observations to stakeholders and management and assist with identification of control mitigation and treatment.

Advise on control considerations in respect to product or process changes and development of new products and services.

Escalation to Practice Control Manager for risk and control related matters.

Support manager with planning and execution of the thematic reviews required to provide assurance to business leadership of control effectiveness surrounding internal processes, procedures, and client specific servicing deliverables.

Ensure that current policies and procedures are in place for assigned practice area(s). Confirm that procedures are in compliance with organizational standards and regulatory requirements. Assists in the communication and implementation of corporate policies within the business unit.

Foster and promote Northern Trust’s commitment to a strong risk management culture by developing a control mindset within the business.

Skills/ Experience:

Professional with proven risk, control and financial services experience, multi-disciplinary functional experience with a focus on proactive identification of risk. 

Knowledge of the firm and industry.

Ability to work with multiple stakeholder groups through strong verbal and written communication skills

Ability to balance multiple priorities simultaneously and adapt in a regulated environment.

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.