Consultant, BU Controls - Integrated Portfolio Services (IPS)

ntrs; Limerick; On-site; EUR 75,000 - 110,000; Full time

Job summary

Northern Trust is seeking a Consultant, Business Unit Controls in Ireland to strengthen IPS risk and control environments. This role partners with Operations, Risk, Compliance, and Technology to identify, assess, monitor, and mitigate operational risks across global teams.

The ideal candidate has 5+ years in Operational Risk, Internal Audit, or Compliance with experience in Investment Operations or Asset Servicing. Strong governance, data analytics, and reporting skills are required.

Qualifications

• Bachelor's Degree or equivalent.
• Professional certifications such as CRISC, CISA, CIA, PMP, Lean Six Sigma advantageous.
• 5+ years' experience in Operational Risk, Controls, Internal Audit, Compliance, or Financial Services Operations.
• Experience across Investment Ops, Asset Servicing, Custody, Fund Administration, or Capital Markets.
• Strong understanding of risk management frameworks and control environments.

Responsibilities

• Lead Risk & Control Management across IPS.
• Facilitate RCSA workshops with stakeholders.
• Design and execute control testing programs.
• Support governance, audit, and regulatory reviews.
• Lead incident reviews and remediation planning.
• Produce executive dashboards and risk reporting.
• Influence stakeholders to strengthen governance and control practices.

Skills

Operational Risk

Risk Management

Internal Audit

Compliance

Data Analytics

Education

Bachelor's Degree

CRISC Certification

CISA Certification

CIA Certification

PMP Certification

Lean Six Sigma

Tools

Power BI

Data Analytics

Job description

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.

The Consultant, Business Unit Controls is responsible for strengthening the operational risk and control environment across the Integrated Portfolio Services (IPS) business. The role partners with Operations, Risk, Compliance, Technology, Audit, and business leadership teams to identify, assess, monitor, and mitigate operational risks while promoting strong governance, control effectiveness, and continuous improvement across global teams.

Responsibilities

Risk & Control Management

Lead execution of the IPS Business Unit Control Framework.

Identify, assess, monitor, and report operational risks across business processes.

Drive control improvements through risk assessments, gap analysis, root cause analysis, and corrective and preventive actions.

Support the development and maintenance of a strong risk and control culture.

Risk & Control Self-Assessment (RCSA)

Facilitate RCSA workshops and partner with stakeholders to assess operational, regulatory, financial, and reputational risks.

Ensure risks and controls are appropriately documented, challenged, reviewed, and escalated where required.

Present key risk themes, trends, and emerging issues to senior management.

Control Testing & Monitoring

Design and execute risk-based control testing programs.

Monitor control effectiveness and track remediation activities.

Leverage data analytics and automation opportunities to enhance testing efficiency.

Develop and maintain KRIs, KCIs, dashboards, and reporting metrics.

Governance, Audit & Regulatory Support

Support Internal Audit, External Audit, regulatory reviews, and enterprise risk assessments.

Coordinate audit remediation activities and drive timely closure of action plans.

Maintain governance documentation and support programs related to operational resiliency, business continuity planning (BCP), data governance, technology standards, and risk management frameworks.

Represent IPS Business Unit Controls in governance forums, working groups, and regional committees.

Incident & Issue Management

Lead incident reviews and issue management activities.

Conduct investigations, root cause analysis, lessons learned reviews, and corrective action planning.

Document and monitor risk acceptance decisions and remediation commitments.

Reporting & Analytics

Produce executive dashboards and management reporting for risk, control testing, incidents, audits, and remediation activities.

Deliver weekly and monthly reporting on key risk and control metrics.

Utilize Power BI and other visualization tools to improve reporting quality and efficiency.

Stakeholder Management

Build strong partnerships with Operations, Enterprise Risk, Compliance, Technology, Information Security, Legal, and Internal Audit teams.

Influence stakeholders across regions to strengthen governance and control practices.

Communicate complex risk and control matters effectively to senior leadership.

Skills and Experience

Bachelor's Degree and professional certifications such as CRISC, CISA, CIA, PMP, Lean Six Sigma, or Operational Risk certifications are advantageous.

Significant experience in Operational Risk, Business Controls, Risk Management, Internal Audit, Compliance, or Financial Services Operations.

Experience within Investment Operations, Asset Servicing, Custody, Fund Administration, or Capital Markets is strongly preferred.

5+ years' experience in Operational Risk, Controls, Internal Audit, Compliance, or Financial Services Operations.

Demonstrated experience leading risk, governance, or control programs.

Track record of driving process improvements, remediation programs, and control enhancements.

Experience working across multiple stakeholder groups and geographic regions

Strong understanding of Operational Risk Management frameworks and control environments.

Demonstrated experience facilitating Risk & Control Self-Assessments (RCSA).

Knowledge of operational resiliency, business continuity, governance, and incident management frameworks.

Experience supporting Internal Audit, External Audit, and regulatory examinations.

Strong understanding of control testing methodologies, issue management, and remediation tracking.

Experience developing management information (MI), exe