Senior Control & Risk Specialist

Northern Trust Corp; Chicago (IL); On-site; USD 115,000 - 195,000; Full time

Benefits offered by this job

Retirement benefits (401k and pension)

Health and welfare benefits (medical,

Paid time off

Parental and caregiver leave

Life & accident insurance

Discretionary bonus program

Job summary

Northern Trust is seeking a seasoned Risk & Control professional in Chicago, to lead control framework implementation and risk assessments across multiple functions. You will ensure rigorous preventative and detective controls, and report findings to control management.

The role requires 7+ years in risk & control within financial services, with strong communication skills and ability to drive consensus. Employment is on-site, with a focus on governance and regulatory adherence.

Qualifications

• Proven ability to explain difficult or sensitive information; works to build consensus.
• Strong communication; verbal and written.
• Attention to detail in risk & control processes.

Responsibilities

• Advise and assist control leadership on implementing the control framework and ensure adherence to the highest standards.
• Conduct process Risk Assessments for your practice area(s).
• Ensure proper preventative and detective controls are in place and strengthen weaknesses.
• Support the risk-based control test plan to identify excessive risk early.
• Report process test findings to control management.
• Support thematic reviews to assure control effectiveness across processes.
• Ensure procedures are compliant with policies and regulatory requirements.
• Communicate findings and recommendations to management.
• Support Control programs including remediation and standards; define methodology and track actions.
• Promote a strong risk management culture within the business.

Skills

Strong communication

Attention to detail

Explain difficult information

Collaborative

Education

College/University degree

7+ years Risk & Control experience

Job description

Northern Trust is seeking a seasoned Risk & Control professional in Chicago, to lead control framework implementation and risk assessments across multiple functions. You will ensure rigorous preventative and detective controls, and report findings to control management.

The role requires 7+ years in risk & control within financial services, with strong communication skills and ability to drive consensus. Employment is on-site, with a focus on governance and regulatory adherence.