1LoD Control Testing- Lead

Northern Trust; Chicago (IL); Hybrid; USD 95,000 - 163,000; Full time

Job summary

A leading financial institution seeks a 1LoD Testing- Lead to oversee controls testing execution and ensure quality standards. The successful candidate will have extensive risk and control experience and strong analytical skills. Join a collaborative work culture focused on innovation and excellence.

Benefits

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Qualifications

• 10+ years of risk and control experience.
• Experience in financial services industry.

Responsibilities

• Leads controls testing execution including walkthroughs and effectiveness testing.
• Performs quality review over testing workpapers.
• Responsible for monitoring all testing phases.

Skills

Collaboration

Communication

Analytical Skills

Leadership

Education

College or university degree

Job description

1LoD Control Testing- Lead page is loaded

1LoD Control Testing- Lead

Apply locations Chicago, IL time type Full time posted on Posted 30+ Days Ago job requisition id R136439

About Northern Trust:

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.

Job Description

We are searching for an 1LoD Testing- Lead (Associate Specialist).

The key responsibilities of the role include:

• Leads controls testing execution including walkthroughs, design, and operating effectiveness testing.

• Performs quality review over testing workpapers ( produced by other testers ) to ensure execution and documentation meet First Line of Defense Control Testing Methodology and testing quality expectations.

• Lead representative to ensure relevant stakeholders are appropriately engaged in all critical testing phases.

• Provides support to Tester(s) to ensure testing is being performed effectively and efficiently.

• Responsible for monitoring all testing phases including escalation of significant deficiencies and/or testing delays .

• C ompile, manage, submit and socialize required monthly, quarterly or annualreporting including t est r esults, d ashboards and/or testing issue remediation status .

• 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:

• College or university degree is preferred

• 10+ years of risk and control experience

• Experience in financial services industry

• Deep u nderstanding of control frameworks and testing methodologies

• Self-motivated with strong collaboration and communication skills, both verbal and written , with varying organizational levels including senior management

• Excellent analytics skills and attention to detai l

• Strong interpersonal and leadership skills, including experience mentoring

• Ability to juggle multiple tasks while effectively able to work towards deadlines

#LI-LK2, #LI-Hybrid

Salary Range:

$95,600 - 162,400 USD

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.

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 andapply today.#MadeForGreater

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 [e-mail] .

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.

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A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

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), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (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

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.

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

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

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.