CAREERS
📁
Operations/Securities
📅
88450 Requisition #

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (Partner), you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. 

Role/ Department:

The Senior Consultant is responsible for working with control & practice managers to actively execute control best practices and advise on both mitigation of risks and control enhancements.  With the recent formation of a Global Control team, this is an opportunity to be a major contributor to the implementation of a newly outlined systematic control framework. Regular activities to be executed by the senior consultant include a risk-based control review, effective test execution, and in-depth analysis of incidents to identify key trends and solutions to prevent future reoccurrence.    


The key responsibilities of the role include:
•    Contribute to the periodic risk reviews of operational processes, procedures, and client specific servicing deliverables.  Ensure risk review results include recommendations for improvement and are documented and reviewed with the control manager and the responsible global control executive. 
•    Test the practice area processes, controls and operating practices to understand the control design effectiveness and provide recommendations for enhancements  where appropriate 
•    Conduct periodic reviews of practice specific policies to  ensure appropriate business procedures are in place that align to organizational standards and regulatory requirements.
•    Escalate risk and control related matters to the practice control manager.
•    Evaluate incidents , operational losses and perform thorough analysis to identify trends and root cause to inform process improvements. 
•    Assist with the facilitation of audits and regulatory examinations. Track and monitor all audit  and regulatory findings to ensure all open issues are resolved and closed in a timely manner.  Prepare audit remediation packet for approval by the control executive and/or the control COO.
•    Oversight of the Service Organizational Report (SOC) and Risk and Control Self Assessments (RCSA) for the Northern Trust Luxembourg and Switzerland legal entities.
•    Assist with operational and/or corporate risk initiatives where directed.
•    Provision of management reporting and input into board reports

Skills/ Qualifications:

The successful candidate will benefit from having:
•    Several years of financial services experience in controls, quality assurance, risk management, or business transformation
•    Proficient knowledge of control and risk management concepts with the ability to design, create and evaluate risk & control environments in conjunction with business partners.

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review

Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days

Health & Wellbeing – Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally 

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.

As Northern Trust is a financial organisation, all new employees will be required to undergo a criminal record check.

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📁 Operations/Securities

Requisition #: 86447

Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC/India EEO Statement
    • APAC/INDIA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement