Embedded Risk & Controls Leader

ACCA Careers; Chicago (IL); On-site; USD 115,000 - 195,000; Full time

Benefits offered by this job

401k and pension

Health and welfare benefits

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust is seeking an Embedded Practice Control Officer to provide oversight of the control environment for designated practice areas. The role requires identifying risk, articulating it clearly, and proposing solutions to the control leadership team.

The specialist collaborates with Risk, Legal, Compliance, Audit, and other partners to improve efficiency and risk management across the organization. Key duties include advising on the control framework, conducting risk assessments,

Qualifications

• 7+ years of Risk & Control experience in financial services.
• Strong verbal and written communication skills.
• Ability to explain difficult information and build consensus.

Responsibilities

• Advise control leadership on implementing the control framework.
• Conduct process Risk Assessments for designated practice areas.
• Ensure proper preventative and detective controls are in place.
• Support risk-based control testing and report findings.
• Assist in thematic reviews to provide assurance on control effectiveness.
• Ensure current policies and procedures meet organizational standards.
• Communicate findings and enhancement recommendations to control management.
• Support key Control programs (Audit Remediation, ASL, ATP Standards).
• Foster a strong risk management culture within the business.

Skills

Risk & Control

Communication

Attention to detail

Analytical thinking

Education

College or University degree

Job description

Northern Trust is seeking an Embedded Practice Control Officer to provide oversight of the control environment for designated practice areas. The role requires identifying risk, articulating it clearly, and proposing solutions to the control leadership team.

The specialist collaborates with Risk, Legal, Compliance, Audit, and other partners to improve efficiency and risk management across the organization. Key duties include advising on the control framework, conducting risk assessments,