About Northern Trust:
Northern Trust, a Fortune 500pany, 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/Department
This is a newly created director position within the recently established Global Strategic Remediation Oversight andernance (SROG) team as part of the Global Regulatory Affairs Office. The successful candidate will report to the Head of Strategic Remediation Validation Testing and will bring proven expertise in financial services assurance and validation testing activities. Significant remediation activities include those most impactful to the organization including issues from regulators, internal audit and other self-identified sources.
This manager will be the senior leader responsible for management of and ensuring successful execution of the portfolio of Northern Trust's remediation quality control/validation testing program, ensuring alignment with regulatory expectations and translating multiple requirements into a balanced validation program.
This leader will interact and build relationships with executive and senior management across Northern Trust. The seasoned leader brings people leadership and development experience, thought leadership and subject matter expertise, and execution rigor to enable successful coordination andpletion of issue validation and related testing activities.
The key responsibilities of the role include:
1. Lead a Strategic Remediation Quality Control Testing Team, ensuring the successful execution of the quality control testing program in accordance with established procedures
2. Assist in defining and implementing quality control testing methodologies and build out of the local quality control testing team
3. Oversee and manage quality control testing and validation of significant remediation activities within assigned areas of responsibility, ensuring execution in accordance with established time frames and procedures
4. Assigns work to team partners, sets priorities and monitors activity
5. Ensures that quality control testing scope is appropriate and covers key deliverables as defined by department standards and procedures
6. Provide effective review and challenge of significant remediation deliverables to ensure quality of design, implementation and sustainability
7. Identify critical gaps inpleted remediation activities, present feedback in management forums, including regional and global senior management/riskmittees across business, risk, andpliance, in advance of the formal submission to the regulators/Audit
8. Provide clear and direct feedback to team members on their quality control testing work products to ensure sufficient documentation is prepared to support closure rationale/conclusions for internal auditors and regulators
9. Work closely with the Head of Strategic Remediation Validation testing to ensure testing activities are robust and aligned with the quality control testing procedures
10. Responsible for staying current on regulatory rules and changes within the industry
11. Maintains familiarization and technical expertise within the technology and data environments including organizational structure, personnel, activities and products, new product development, financial performance and risk and problem area
12. Demonstrate excellentmunication and leadership to influence a wide range of senior stakeholders
13. Interact and partner with senior and executive management to provide feedback and challenge on the quality of remediation activities
14. Responsible for the issuance of quality control testing reports for responsible areas to ensure clear, concise, and timelymunication of risks and issues to senior and executive management. Also, performs peer reviews of other Quality Control Team's reports when necessary
15. Publish and present reporting to provide transparency to senior and executive management on the success of quality control testing oues
16. Participates in senior-levelmittees and client meetings, along with presenting to the Corporation's Business Riskmittee, Oversightmittee, Legal Entity Boards and Riskmittees
17. Participates in meetings with business units to discuss quality control results
18. Assesses and determines staffing needs to propose to senior management, makes employment rmendations, handles salary administration, and ensures resources are available to aplish priorities. Participates in recruiting process.
Skills / Experience
The successful candidate will benefit from having:
19. Bachelor's degree inputer science, information technology, IT/Cyber security, and/or risk management
20. Several years of risk and control experience inclusive of any direct Technology control/validation testing experience
21. Expertise in risks related to information technology, cyber security, IT General Controls (ITGCs), application controls, IT platforms and related technologies and dataernanceponents.
22. Strong working knowledge of IT risk frameworks (ITIL, COSO, COBIT, NIST, ISO, etc.) and Technology testing methodologies
23. Deep understanding of other assurance-based activities including Technology controls monitoring andpliance testing
24. Experience in financial services industry
25. Self-motivated with strong collaboration andmunication skills, both verbal and written, with senior management and Regulatory Bodies Strong interpersonal and leadership skills, including experience mentoring
26. Strong understanding of automated tooling across assurance-based activities, including experience with implementing these solutions Professional certifications a plus (, CISA, CRISC, CISM, CISSP, CIA, ACA, ACCA)
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 apanymitted to assisting themunities 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 sustainablepanies Build your career with us and apply today. #MadeForGreater
Reasonable amodation
Northern Trust ismitted to working with and providing reasonable amodations to individuals with disabilities. If you need a reasonable amodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs .
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.
Job ID R140710