OverviewNorthern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust provides innovative financial services and guidance to the world’s most successful individuals, families, and institutions, guided by service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve sophisticated clients using leading technology and exceptional service.Role / DepartmentAs part of the First Line of Defense, the COO Global Control team provides oversight and governance of the COO Business Controls to ensure resiliency to current and future risks. This role interacts with COO teams globally with a diverse business stakeholder group within the operations of COO.Control Framework and AssuranceCollaboration with Second and Third Lines of DefenseProgram governance, metrics and reportingSupporting Strategic ChangeThe Senior Consultant is responsible for working with control & practice managers to actively execute control best practices and advise on risk avoidance and control enhancements. Regular activities to be defined and executed by the consultant include a risk-based control review and an in-depth analysis of incidents to identify key trends and solutions to prevent future recurrence.This role offers the opportunity to grow and develop Risk and Control skills and COO Business Unit knowledge while enhancing internal networks through broad stakeholder engagement at all seniority levels involved in the role.Key ResponsibilitiesContribute to the periodic risk reviews of operational processes, procedures, and client-specific servicing deliverables.Review/test the practice area processes, controls and operating practices through allocated control testing. Prepare recommendations to strengthen control weaknesses.Participate with control project deliverables to implement enhanced controls and efficiency enhancements.Facilitate control program governance, metrics and reporting requirements as required.Conduct periodic reviews of practice-specific policies to ensure procedures are in place and follow organizational standards and regulatory requirements.Escalate risk and control-related matters to the practice control manager.Evaluate incidents and operational losses and perform thorough analysis to identify trends, root causes and corrective actions.Manage the facilitation of RCSA (Risk & Control Self-Assessment) programs 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 Issue Remediation Program, work with Business Units to validate the management actions required to mitigate risks identified by issue identifying groups.As a designated Control Lead within the Operational Loss Event Program, work with Business Units to ensure adherence to the program.Skills / QualificationsFinancial Services Experience (Preferred)Experience in Operations Risk/Control/Governance/Audit/Testing/Compliance or similar role is beneficialStrong communications skills, comfortable interacting with partners at all levelsAbility to work on own initiative, as well as collaborate with othersStrong organisational/planning skillsExperience of using Microsoft 365 Packages (Outlook, Excel, PowerPoint, Visio, Power BI) and SharePointWorking With UsAs 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.Reasonable accommodationNorthern 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. For further information, and to apply, please visit our website via the Apply button below.
#J-18808-Ljbffr