Associate Specialist, BU Controls

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.

Responsibilities include :

• Support NTAM Control leadership in the implementation of the NT Operational Risk framework and ensure adherence with control processes and practices
• Support the implementation and monitoring of key Control programs such that include but are not limited to RCSA, Business Continuity, Operational Resilience , Fraud etc.
• Identify and ensure that key controls are adequately documented. Oversee the periodic testing of key controls to ensure Control adequacy and effectiveness
• Participate in the development of automated tools to support risk programs within 1LOD Control team's responsibility.
• Manage accurate, timely and comprehensive reporting of controls effectiveness and compliance, remediation efforts to Management, 2LOD and 3LOD, Board, Regulators, and impacted business units, as applicable.
• Participate in projects devoted to remediating issues identified within audits and RCSAs, including enhancing control design through technology, automation, machine learning to reduce manual controls and enable preventative risk mitigation.
• Enhance reporting through the adoption of technology and analytics tools.
• Review region specific regulatory issues and provide control related recommendations for implementation.
• Partner effectively with business, risk, audit, legal, compliance, regulators and technology control functions to drive consistent and rigorous operational risk practices and control programs.
• Ensure timely escalation and reporting of control deficiencies, incidents, breaches, and losses due to control failure.
• Champion and reinforce a culture of good risk and control awareness by encouraging a control mindset with the business.

KNOWLEDGE AND SKILLS

EXPERIENCE AND EDUCATION

Eligibility

Working with Us :

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office, space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.