Specialist, Control Monitoring Lead

Specialist, Control Monitoring Lead

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.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to strengthening the communities in which we live and work.

We are seeking a Specialist, Control Monitoring Lead to join our newly established Centralized 1LoD Control Testing & Monitoring function. This 1LOD team aims to standardize and enhance our control testing & monitoring practices across all Business Units and Corporate Functions. As a key member of this team, you will play a pivotal role in supporting risk management activities across the organization. This includes the opportunity to be immersed across multiple operational and compliance areas, with opportunities to specialize in specific areas of interest.

Reporting to the Head of Control Testing & Monitoring, this role will operate under general supervision; however, will primarily work independently to help build and oversee the internal control monitoring program. Regular activities include : monitoring program governance, developing the monitoring plan, reporting, and an in-depth analysis of monitoring results to identify key trends and solutions.

The key responsibilities of the role include :

• Lead the development and maintenance of the Internal Control Monitoring Standard, risk-based methodology, and procedures.
• Developing the internal control monitoring plan, monitoring the status of the plan and providing updates to key stakeholders
• Oversee the development and maintenance of the Internal Control Monitoring GRC tool.
• Developing and delivering insightful reporting to key stakeholders driving action to strengthen the internal control environment.
• Responsible for assisting in the identification and escalation of follow-ups and potential deficiencies.
• Work closely with the business partners to obtain issue remediation action plans, track and report status of remediation actions, including maintaining dialogue with the business to ensure timely remediation of issues.
• Assist with control projects, operational and / or corporate risk initiatives, where directed.

The successful candidate will benefit from having :

Salary Range : $137,400 - 240,400 USD

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.

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.