at Northern Trust Company in Chicago, Illinois, United States
Job Description
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.
This is a newly created individual contributor position within the recently established Global Significant Remediation Oversight and Governance team as part of the Global Regulatory Affairs Office. The successful candidate will report to the Head of Strategic Remediation Validation. The successful candidate will bring proven expertise in financial services assurance and validation testing activities and will contribute to the design and execution of the significant remediation validation testing plan. Significant remediation activities will include those of regulators and internal audit.
The candidate will interact and build relationships with senior management across Northern Trust. Additionally, the candidate will use their technical ability in the execution of the remediation validation plan.
This individual will play a key role in managing and executing Northern Trust's remediation validation program, ensuring alignment with regulatory expectations and translating multiple requirements into a balanced validation program. The seasoned professional supplies subject matter expertise, and execution rigor to enable management and coordination of issue validation and related testing activities.
The key responsibilities of the role include:
Leadership and Management
- Demonstrate excellent communication and leadership to influence a wide range of stakeholders
- Demonstrate strong initiative, project management, people skills, sound decision-making, intuitive thinking, and sensitivity to cultural diversity
- Display strong presentation and influence skills
Technical / Operational
- Establish and develop strong working relationships with key stakeholders
- Accurately design and execute the validation approach and ensure that validation documentation is clear, concise, supports the reviews performed, and explains decisions made during the project
- Identify and analyze risks, plan and prioritize validation tasks for on-time delivery, conduct interviews, observe operations, document and analyze processes and controls
- Exercise responsibility over the execution of assigned regulatory validation projects and/or deliverables to ensure that work is performed prompt and accurately
- Develop and show an understanding of the business risks, controls, and processes, along with an understanding of relevant laws, regulatory rules and knowledge of the impact of systems within areas reviewed
- Escalate and/or communicate with relevant stakeholders to discuss the issues raised during the validation activities and agree path forward for resolution
The successful candidate will benefit from having:
Required Skills
- A college or university degree
- 10+ yrs. experience in financial services, with 5+ years of testing experience in a financial institution, or similar consultancy experience in the financial services industry
- Superior analytical, and organizational skills
- Ability to work under pressure
- Ability to multitask...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
