Northern Trust

Specialist, Chief Control Office

Northern Trust$114K — $194K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years of extensive technical and business knowledge in risk and control frameworks.
  • Strong functional expertise in business analysis and data modeling.
  • Experience with reporting solutions such as Qlik Sense and Tableau.
  • Proficiency in PowerBI and advanced Excel skills.
  • Excellent presentation and communication abilities to engage senior stakeholders.

Responsibilities

  • Analyze strategic plans and industry trends to identify capability gaps.
  • Develop and support capability strategy for internal platforms and client solutions.
  • Collaborate with IT to create frameworks and products that align with business needs.
  • Guide project teams in resolving cross-functional issues and aligning work to vision.
  • Define and maintain CCO reports, data maps, and align stakeholders on standards.
  • Assess internal risk environments, identifying trends and necessary mitigation strategies.
  • Drive a proactive risk management culture and gather insights for improvements.

Benefits

  • Comprehensive retirement benefits including 401k and pension plans.
  • Medical, dental, and vision coverage along with spending accounts.
  • Paid time off including parental and caregiver leave.
  • Life and accident insurance as well as disability coverage.
  • Access to a discretionary bonus program with potential equity components.
Full Job Description

Summary

Responsible for analyzing and translating strategic plans/needs and industry trends to map out how a business should function and determine capability gaps. Develop and expand capability strategy by internal development of the existing platform or by supporting the sales process with clients in developing/designing operating models and functional/client architecture and through new clients. Provide guidance around business analysis to support the business strategy using modeling methods. Partner with IT in developing an IT framework/product.

Provide vision to project teams, resolving cross domain functional issues and aligning project work to the vision/functional designs provided. This role is client-facing (works with external asset management companies) and internally focused (works with technology partners and operational areas), with the objective of engaging with clients to accurately articulate business requirements and understand and solve business problems in order to provide robust and integrated solutions.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Major Duties :

1. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise
2. Focus of role is on execution of strategic direction of business function activities
3. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
4. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity

5. Define standard set of tactical and strategic CCO reports needed and align stakeholders on data sources and data maps to be used for board, scorecard, and other metrics within the 1LOD and 2LOD.  This includes creation and maintenance of the data map, establishing data dictionary, and aligning standards across 1LOD and 2LOD

6. Understand the overall health of the internal risk and control environment, identify trends, weaknesses, and determination of required mitigation actions.

7. Experience in reviewing and interpreting CCO deliverables in scope of overall company objectives and priorities, providing recommendations, and taking initiative on projects or team tasks, while managing multiple priorities effectively and driving outcomes independently

8. Advancing proactive risk management culture transformation within the organization

9. Demonstrated ability to present to senior audience

Knowledge :

  • In-depth understanding of Risk and Control framework, Business and Data modeling, and Business analysis
  • Experience with reporting solutions for the Risk and Control management similar to Qlik Sense, IBM Open Pages, Service Now, Tableau
  • Experience designing solutions in PowerBI, proficient in Excel
  • Excellent oral and written communication skills are required
  • In-depth Functional / Industry Knowledge is required
  • Highly flexible and adaptable to change
  • Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.

Experience :

  • Seasoned expert with extensive technical and business knowledge and functional expertise that has been developed over 15+ years and/or equivalent experience.
  • Consulting background is a plus

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.

About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us. Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.
Learn more about Northern Trust
Size
21,100 employees
Market Cap
$18.1 billion
Industry
Net Income
$1.2 billion
Founded
1889
5 Year Trend
+4.9%
Revenue
$6.1 billion
NASDAQ

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