Senior Consultant - Controls Lead, Chief Control Office

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.

About the Role:

The Senior Consultant - Controls Lead, Chief Control Office role is a key role within the 1LOD that will be responsible for supporting the team that designs and implements Northern Trust’s internal control architecture, taxonomy, inventory and establishment of quality standards. 

The ideal candidate will have experience working in a fast paced programme delivery environment, coupled with Subject Matter Expert (SME) knowledge of Internal Controls and Operational Risk, both from a theoretical perspective and as a practitioner, respectively.  The ability to understand risk and control frameworks integration, structure and alignment will be key.  The candidate will also need programme/project delivery experience, supporting large, high profile pieces of work. The role will be part of a centralized team which needs to drive consistency and effectiveness around Northern Trust’s control taxonomy, inventory, quality adherence and the utilization of internal controls to mitigate risk.

Verbal and written communication skills will be critical as the role will support liaising with key stakeholders and collaborating with senior business leaders on key initiatives.  This is a newly created function, which will require self-starting abilities and a proven track record of delivery and execution in a fast paced global environment.

Major Duties

The role holder will undertake a key role within the Chief Control Office in supporting the design and implementation of:

• Group wide control architecture including taxonomy and inventory – defining the minimum controls for all non-financial risks
• Control inventory including quality measures for each control
• Ongoing oversight and management of the control inventory, adopted by Control Owners , including relevant governance and reporting
• Work with Control Owners across the group to harmonize and align control and other relevant internal standards
• Seek out and implement opportunities for increased usage of automated controls and/or machine learning
• Work closely with 1st and 2nd line of defence risk and control partners to develop and enhance risk and control management best practices

Knowledge, Skills & Experience Required:

• Relevant experience/expertise in banking organizations, specializing in risk/control management and programme delivery
• Experience with Governance, Risk and Compliance (GRC) tools desirable
• Practical experience supporting the development and/or implementation of risk and control frameworks
• Delivery focused mindset gained through project and/or program management experience e.g. planning, issue management/escalation and running workshops/forums
• Critical thinker with strong problem solving abilities who is able to organize and manage people and resources to effectively prioritize issues and respond to senior management, Boards and key stakeholders
• Strong communication written/oral skills, ability to communicate complex topics in a simple and concise manner
• Ability to engage a diverse set of stakeholders, build long-term relationships, and create a collaborative and approachable environment
• Ability to think strategically, execute with precision and prioritize in a fast-paced environment
• Bachelor’s degree in business administration, management, or a related field is preferable.

This job description provides a general guide to the duties and responsibilities of the role and is not an exhaustive list of all duties and responsibilities.

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

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 MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.