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
This is a newly created manager 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 a Director within Strategic Remediation Validation Testing and will bring proven expertise in financial services assurance and validation testing activities. Among other activities, this manager will lead the efforts to build the team to execute on the quality control validation and assurance activities of a portfolio of significant remediation activities. Significant remediation activities include those related to regulators and internal audit.
This leader will interact and build relationships with senior management across Northern Trust, and is responsible for building, leading and developing the Strategic Remediation Oversight &ernance Quality Control Testing Team in Limerick. 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. Overseeing and implementing quality control testing methodologies and build-out of the local quality control testing team
3. Lead 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. Assign work to team partners, sets priorities and monitors activity in line with team standards and methodology
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. Responsible for staying current on regulatory rules and changes within the industry
10. Maintains familiarization and technical expertise with the assigned business unit(s) including organizational structure, personnel, activities and products, new product development, financial performance and risk and problem area
11. Demonstrate excellentmunication and leadership to influence a wide range of senior stakeholders
12. Interact and partner with senior management to provide feedback and challenge on the quality of remediation activities
13. 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
14. Publish and present reporting to provide transparency to senior management on the success of quality control testing oues
15. Participates in meetings with business units to discuss quality control results
16. 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.
The successful candidate will benefit from having:
17. Extensive experience in financial services, within a financial institution, or similar consultancy experience in the financial services industry
18. Direct internal audit or control testing management experience
19. Test plan writing and execution - Ability to approve, draft, and execute, a formal quality control/validation testing plan that considers the organization's risk profile, regulatory/legal requirements, and current risk trends
20. Demonstrate strong initiative, sound decision-making, analytical and intuitive mind-sets, political awareness, and sensitivity to cultural diversity
21. Experience in executing high quality, high value internal testing programs for large businesses or regulated environments
22. Ability to work through critical issues and realign priorities and deliverables as needed
23. Ability to form evaluative judgment(s) based on analysis of information inplicated, unique and dynamic situations
24. Superior analytical and organizational skills
25. Ability to form evaluative judgment(s) based on analysis of information inplicated, unique and dynamic situations
26. Understanding of position and relationship within the overall function to achieve objectives
27. Ability tomunicate effectively in both oral and written forms, with all levels of staff and management
28. Professional certifications (, CPA, CISA, CIA, ACA, ACCA) and/or an MBA with proven technical abilities in select areas (, regulatorypliance, risk management, auditing) an advantage
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 R142486