Full Job Description
We are seeking Sr Consultant to join our newly established Centralized 1LoD Control Testing function (1LoD Testing). This 1LOD Testing team aims to standardize and enhance our control testing practices across all Business Units and Corporate Functions. As a key member of this team, you will play a pivotal role in supporting risk management activities across the organization. This includes the opportunity to be immersed across multiple operational and compliance areas, with opportunities to specialize in specific areas of interest.
This role will operate under general supervision; however, will primarily work independently to actively execute control test plans. Regular activities include a risk-based control review, effective test execution, and an in-depth analysis of control test results to identify key trends and solutions.
The key responsibilities of the role include:
- Leads and executes controls testing, walkthroughs, design, and operating effectiveness testing.
- Ensures all aspects of testing are properly documented in prescribed templates and First Line of Defense Control Testing Methodology and in line with testing quality expectations.
- Draft reporting and incorporate feedback resulting from Test Lead/Manager review.
- Responsible for identification and escalation of follow-ups and potential deficiencies.
- Work closely with stakeholders of varying levels to remediate risk areas while driving improved operations/compliance.
- Assist with control projects, operational and/or corporate risk initiatives, where directed.
The successful candidate will benefit from having:
- College or university degree is required
- 5+ years of risk and control testing experience
- Experience in financial services industry, including regulatory experience
- Understanding of control frameworks and testing methodologies
- Self-motivated with strong collaboration and communication skills, both verbal and written
- Excellent analytics skills and attention to detail
- Ability to juggle multiple tasks while effectively able to work towards deadlines
Salary Range:
$83,100 - 141,300 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.
