Northern Trust
Consultant, Global Controls (Finance)
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.
Role Summary
Northern Trust Asset Management (NTAM) is an over a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.
The objective of the NTAM Business Control team is to support strong oversight of the global end to end system of controls through active engagement, thematic reviews, risk analysis and control deep dives to continuously manage and reduce NTAM's residual risk profile. To achieve this goal, the control team works directly with the regional and global NTAM executives and the Risk team to establish the risk appetite, assess the control environment, establish governance and systems that identify, quantify, manage and monitor risk at the most granular level, and establish risk tolerances and risk management procedures and tools. It also assists in rapid issue identification and escalation, coordinates with the Business, Risk and Compliance, liaises with Audit and Regulators for exams, and ensures audit and regulatory issues are addressed expeditiously. It oversees reporting on all control programs to Management and the Board as needed, leads/supports projects to ensure full compliance as appropriate, partners internally to implement policy and regulatory changes as communicated by the second line of defense, and ensure changes are rolled out consistently across NTAM where applicable. Finally, it helps strengthen and reinforce a strong risk culture.
The Consultant role will be primarily responsible for supporting the implementation of the global control team objectives and priorities. This role will partner directly and frequently with business leaders, operational and IT partners, Risk, Audit, Compliance and other key stakeholders to lead and execute on strategic controls initiatives impacting NTAM such as implementation of the RCSA framework and its on-going oversight, and operational resilience initiatives. It will involve assessing, advising, testing, monitoring, and ultimately influencing the business on effective solutions to manage risk such as process analysis, data analysis, enhanced reporting, people leadership, compliance with changing regulatory requirements and an appreciation of technology required to achieve scale.
Primary Duties and Responsibilities
Support a global team focused on: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Monitoring, and Control Governance & Reporting. Responsibilities include:
Necessary Knowledge and Skills
Necessary Experience and Education
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.