About Northern Trust
Northern Trust is a globally recognized, award-winning financial institution with over 130 years of financial experience. We 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.
Role/ Department:
As part of the First Line of Defence, Asset Servicing Global Control team provides oversight and governance of the Asset Servicing Business Controls to ensure resiliency to current and future risks.
This role interacts with Asset Servicing teams globally with a diverse business stakeholder group within the operations of Asset Servicing through Control Framework and Assurance Collaboration with Second and Third Lines of Defence Metrics and Reporting Supporting Strategic Change
Key Responsibilities:
* Contribute to periodic risk reviews of operational processes, procedures, and client-specific servicing deliverables.
* Review/Test practice area processes, controls, and operating practices through allocated control testing.
* Prepare recommendations to strengthen control weaknesses.
* Participate in control project deliverables, as assigned, to implement enhanced controls and efficiency enhancements.
* Conduct periodic review of practice-specific policies and ensure procedures are in place and follow organizational standards and regulatory requirements.
* Elevate risk and control-related matters to the practice control manager.
* Evaluate incidents and operational losses and perform thorough analysis to identify trends and root cause.
* Manage the facilitation of RCSA (Risk & Control Self-Assessment) program for specific business units, ensuring adherence to project plan timing; framework guidance and evidencing of control review and challenge.
* Assist with operational and/or corporate risk initiatives where directed.
* As a designated Control Lead within the Audit Remediation Program, work with Business Units to validate the management actions which are required to mitigate the risks identified by Audit.
* As a designated Control Lead within the Account Service Loss (ASL) Program, work with Business Units to ensure adherence to the Loss Event Data (LED) Program.
Skills/ Qualifications:
* Financial Services Experience (Preferred)
* Experience in Operations Risk/Control/Governance/Audit/Testing/Compliance or similar role is beneficial
* Strong Communications Skills, comfortable interacting with Partners at all levels
* Ability to work on own initiative, as well as collaborate with others
* Strong organisational/planning skills
* Experience of using Microsoft 365 Packages, (Outlook, Excel, PowerPoint, Visio, Power BI) and SharePoint