BU Control Specialist: Risk, Governance & Remediation

The Northern Trust Company; Chicago (IL); On-site; USD 90,000 - 140,000; Full time

Job summary

The Northern Trust Company is seeking a Specialist, BU Control to partner with business and Practice Managers to implement control best practices, mitigate risks and enhance controls. You will perform risk-based reviews, manage remediation, and analyze incidents to prevent recurrence.

Ideal candidates bring banking or regulated industry experience in risk, control, governance, audit, and compliance, plus strong communication and stakeholder management skills and proficiency with MS 365 apps,

Qualifications

• Experience in banking or regulated environments with risk/control focus.
• Experience with Governance, Risk and Compliance (GRC) tools, preferred.
• Delivery-focused mindset from project and/or program management.
• Strong written and verbal communication to senior management and executives.
• Ability to engage diverse stakeholders and build relationships.
• Think strategically and execute in a fast-paced environment.
• Proficiency with Microsoft 365 apps and SharePoint.

Responsibilities

• Contribute to periodic risk reviews of processes, procedures, and client deliverables.
• Review/test the practice area processes, controls and operating practices; prepare recommendations to strengthen weaknesses.
• Participate in control project deliverables to implement enhanced controls and efficiency enhancements.
• Facilitate control program governance, metrics and reporting requirements for COO / Corporate Functions.
• Conduct periodic review of policies and standards to ensure procedures, mitigate risk and meet regulatory requirements.
• Escalate risk and control matters to the practice control manager and stakeholders.
• Evaluate incidents and operational losses to identify trends and corrective actions.
• Participate in the RCSA program for specific business units and provide evidence of control reviews.
• Assist with operational and/or corporate risk initiatives as directed.
• Act as a designated issue manager within the remediation program and a control lead within the loss event program.

Skills

Risk management

Governance

Audit

Compliance

Testing

GRC tools

Project management

Communication skills

Stakeholder management

Microsoft 365

Power BI

SharePoint

Education

Bachelor's degree in business admin

Tools

Microsoft 365

Outlook

Excel

PowerPoint

Visio

Power BI

SharePoint

Job description

The Northern Trust Company is seeking a Specialist, BU Control to partner with business and Practice Managers to implement control best practices, mitigate risks and enhance controls. You will perform risk-based reviews, manage remediation, and analyze incidents to prevent recurrence.

Ideal candidates bring banking or regulated industry experience in risk, control, governance, audit, and compliance, plus strong communication and stakeholder management skills and proficiency with MS 365 apps,