Specialist, BU Control

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

About the Opportunity

As a Specialist, Business Unit Control, you will join the Asset Servicing Control team and help strengthen the control environment across operational processes, procedures, and client servicing activities.

This role provides broad exposure across Asset Servicing and the organization’s control functions, with opportunities to partner with control managers, business stakeholders, and cross-functional teams on key priorities

What You’ll Do

• Conduct risk reviews across operational processes and client servicing deliverables.
• Review and test processes and controls, and recommend actions to address gaps.
• Support control initiatives that enhance efficiency and strengthen controls.
• Support governance, metrics, and reporting for Asset Servicing controls.
• Review policies and standards to support risk mitigation and regulatory alignment.
• Escalate risk and control matters to key stakeholders.
• Evaluate incidents and losses to identify trends, root causes, and corrective actions.
• Support RCSA activities by assessing and challenging risks and controls.
• Support operational and corporate risk initiatives, as needed.
• Lead issue remediation activities in partnership with business units.
• Lead operational loss event activities in partnership with business units.

What You’ll Need

• Bachelor’s degree in business, management, or a related field preferred.
• 7 yrs experience in banking or another regulated environment, ideally in risk, controls, audit, compliance, or governance.
• Experience with Governance, Risk, and Compliance (GRC) tools preferred.
• Strong analytical, problem-solving, and prioritization skills.
• Strong communication skills and the ability to influence diverse stakeholders.
• Ability to think strategically and execute in a fast-paced environment.
• Proficiency in Microsoft 365 applications, including Excel, PowerPoint, Outlook, Visio, Power BI, and SharePoint.

#hybrid

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust 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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.