Consultant, BU Control (Finance)

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.

Uses specific knowledge of a discipline to achieve goals through own work. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Uses expertise to provide guidance to others as a project manager or consultant. Requires working knowledge and experience in own job discipline. Continues to build knowledge of the company, processes and clients. Performs a range of assignments related to job discipline. Uses prescribed guidelines or policies in analyzing situations. Receives a moderate level of guidance and direction.

Operates under general supervision but works independently most of the time with control & practice managers to actively execute control best practices and advise on risk avoidance and control enhancements. Regular activities include a risk-based control review, effective test execution, assist in the preparation of the business continuity plan, and an in-depth analysis of incidents to identify key trends and solutions. Contributes to the periodic risk reviews of, operational processes, procedures, and specific client servicing deliverables. Ensure risk review results are documented and reviewed with the control manager and the global control executive overseeing the practice. Recommend control enhancements for high-risk processes.

Major Duties :

• 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, to implement enhanced controls and efficiency enhancements.
• Provide support in executing and monitoring of key programs such as the Risk and Control Self Assessment (RCSA); Audit Remediation, ASL, ATP Standards etc.
• Assist with the risk-based control test plan to identify excessive risk and/or control issues at an early stage. Report process test findings to control management, (via the agreed Control Testing report template).
• 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.

Knowledge :

• Professional with extensive risk, control and business experience, multi-disciplinary functional experience with a focus on proactive activities within the Global Control group. Knowledge of the firm and industry.
• #LI-GG1
• #LI-Hybrid

Experience :

• College or University degree is preferred.
• Financial services experience.
• 3+ years of risk and control experience.

Salary Range:
$74,200 - 126,200 USD

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.