About Northern Trust: Northern Trust is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
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.
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.
Director Position
This is a newly created director position within the Global Strategic Remediation Oversight and Governance (SROG) team as part of the Global Regulatory Affairs Office.
The successful candidate will report to the Head of Strategic Remediation Validation Testing and 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.
Key Responsibilities
* Lead a Strategic Remediation Quality Control Testing Team, ensuring the successful execution of the quality control testing program in accordance with established procedures.
* Assist in defining and implementing quality control testing methodologies and build out of the local quality control testing team.
* 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.
* Assigns work to team partners, sets priorities, and monitors activity.
* Ensures that quality control testing scope is appropriate and covers key deliverables as defined by department standards and procedures.
* Provide effective review and challenge of significant remediation deliverables to ensure quality of design, implementation, and sustainability.
* Identify critical gaps in completed remediation activities, present feedback in management forums, including regional and global senior management/risk committees across business, risk, and compliance.
* 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.
* Work closely with the Head of Strategic Remediation Validation testing to ensure testing activities are robust and aligned with the quality control testing procedures.
* Responsible for staying current on regulatory rules and changes within the industry.
* Maintains familiarization and technical expertise within the technology and data environments, including organizational structure, personnel, activities, and products.
* Demonstrate excellent communication and leadership to influence a wide range of senior stakeholders.
* Interact and partner with senior and executive management to provide feedback and challenge on the quality of remediation activities.
* Responsible for the issuance of quality control testing reports for responsible areas to ensure clear, concise, and timely communication of risks and issues to senior and executive management.
Skills/Experience
The successful candidate will benefit from having:
* Bachelor's degree in computer science, information technology, IT/Cyber security, and/or risk management.
* Several years of risk and control experience inclusive of any direct Technology control/validation testing experience.
* Expertise in risks related to information technology, cyber security, IT General Controls (ITGCs), application controls, IT platforms, and related technologies and data governance components.
* Strong working knowledge of IT risk frameworks (ITIL, COSO, COBIT, NIST, ISO, etc.) and Technology testing methodologies.
* Deep understanding of other assurance-based activities, including Technology controls monitoring and compliance testing.
* Experience in financial services industry.
* Self-motivated with strong collaboration and communication skills, both verbal and written, with senior management and Regulatory Bodies.
* Strong interpersonal and leadership skills, including experience mentoring.
* Strong understanding of automated tooling across assurance-based activities, including experience with implementing these solutions.
* Professional certifications a plus (e.g., CISA, CRISC, CISM, CISSP, CIA, ACA, ACCA).