Third Party Management Process Automation, Data & Reporting, Specialist

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

Benefits offered by this job

401k and pension

Health and welfare benefits

Discretionary bonus with equity

Job summary

The Northern Trust Company in Chicago is seeking a Global Procurement Specialist, Data Governance to establish and maintain data governance standards across procurement. You will work with Procurement, Technology, Risk, and Finance to improve data quality and ensure reporting accuracy.

This role requires a Bachelor’s degree, strong analytical skills, and the ability to translate data concepts into business terms.

Qualifications

• Bachelor’s degree in Business, Finance, Supply Chain, Data Management, Information Systems, Analytics, or a related field.
• Experience in data governance, data management, procurement operations, business analytics, reporting, risk/control, or a related discipline.
• Strong analytical and problem-solving skills with demonstrated attention to data accuracy and detail.
• Experience working with large datasets and identifying, analyzing, and resolving data quality issues.
• Strong organizational skills with the ability to manage multiple priorities and stakeholders.
• Excellent written and verbal communication skills.
• Ability to translate data and technical concepts into practical business language.
• Familiarity with enterprise data governance frameworks and master/reference data management concepts.

Responsibilities

• Data Governance & Controls Support the development and execution of the Global Procurement Data Governance framework, including data standards, policies, controls, ownership, and accountability.
• Maintain clear definitions for critical procurement data elements, including data owners, data stewards, sources, and business rules.
• Help establish and maintain procurement data dictionaries, taxonomies, metadata, and classification standards.
• Monitor compliance with established data governance requirements and identify opportunities to strengthen controls.
• Support governance forums and routines focused on procurement data quality, ownership, remediation, and continuous improvement.
• Data Quality & Integrity Monitor procurement data for accuracy, completeness, consistency, timeliness, and integrity across systems and processes.
• Identify data quality issues, perform root-cause analysis, and coordinate remediation with business and technology stakeholders.
• Develop and maintain data quality metrics, scorecards, exception reporting, and remediation tracking.
• Support reconciliation and validation activities across procurement systems, reporting platforms, and downstream data consumers.
• Identify recurring data issues and recommend sustainable process or control improvements.
• Stakeholder Partnership Collaborate with Procurement category teams, Procurement Operations, Technology, Finance, Risk, Compliance, and other data stakeholders.
• Promote awareness and adoption of data governance standards and data ownership responsibilities.
• Translate technical data issues into clear business impacts, actions, and recommendations.
• Support training and communications to build greater data literacy and accountability across Procurement.

Skills

Data governance

Data quality

Analytical problem solving

Stakeholder management

Communication skills

Cross-functional collaboration

Education

Bachelor’s degree in Business, Finance, Supply Chain, Data Management, Information Systems, Analytics, or a related field

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 Global Procurement Specialist, Data Governance is responsible for supporting the governance, quality, integrity, and effective management of data across the Global Procurement organization. This role will help establish and maintain data governance standards, controls, ownership, and processes to ensure procurement data is accurate, consistent, complete, and fit for business, regulatory, and management reporting purposes. Working across Procurement, Technology, Risk, Finance, and other key stakeholders, the Specialist will help strengthen the procurement data governance framework, improve data quality, and support a more disciplined, data-driven Procurement operating model.

Major Duties

• Data Governance & Controls Support the development and execution of the Global Procurement Data Governance framework, including data standards, policies, controls, ownership, and accountability. Maintain clear definitions for critical procurement data elements, including data owners, data stewards, sources, and business rules. Help establish and maintain procurement data dictionaries, taxonomies, metadata, and classification standards. Monitor compliance with established data governance requirements and identify opportunities to strengthen controls. Support governance forums and routines focused on procurement data quality, ownership, remediation, and continuous improvement.
• Data Quality & Integrity Monitor procurement data for accuracy, completeness, consistency, timeliness, and integrity across systems and processes. Identify data quality issues, perform root-cause analysis, and coordinate remediation with business and technology stakeholders. Develop and maintain data quality metrics, scorecards, exception reporting, and remediation tracking. Support reconciliation and validation activities across procurement systems, reporting platforms, and downstream data consumers. Identify recurring data issues and recommend sustainable process or control improvements.
• Stakeholder Partnership Collaborate with Procurement category teams, Procurement Operations, Technology, Finance, Risk, Compliance, and other data stakeholders. Promote awareness and adoption of data governance standards and data ownership responsibilities. Translate technical data issues into clear business impacts, actions, and recommendations. Support training and communications to build greater data literacy and accountability across Procurement.

Qualifications

• Bachelor’s degree in Business, Finance, Supply Chain, Data Management, Information Systems, Analytics, or a related field.
• Experience in data governance, data management, procurement operations, business analytics, reporting, risk/control, or a related discipline.
• Strong analytical and problem-solving skills with demonstrated attention to data accuracy and detail.
• Experience working with large datasets and identifying, analyzing, and resolving data quality issues.
• Strong organizational skills with the ability to manage multiple priorities and stakeholders.
• Excellent written and verbal communication skills.
• Ability to translate data and technical concepts into practical business language.
• Familiarity with enterprise data governance frameworks and master/reference data management concepts.

Core Competencies

• Data Governance & Data Quality
• Procurement Operations
• Analytical Problem Solving
• Risk & Control Mindset
• Process Improvement
• Attention to Detail
• Stakeholder Management
• Cross-Functional Collaboration
• Business & Data Literacy
• Change Agility

Salary and Benefits

Salary Range: $114,700 - 194,900 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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working With Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.

Other Information

Looking for greater? You found it. 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.

Terms and Conditions

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Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America

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.

EEO 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.

Canada EEO STATEMENT 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. EEO Know Your Rights (U.S).

EEO Know Your Rights (U.S)