Full-Time

Specialist

Business Unit Control, Wealth Management

Confirmed live in the last 24 hours

Northern Trust

Northern Trust

10,001+ employees

Compensation Overview

$114.7k - $194.9kAnnually

+ Bonus

Senior, Expert

Chicago, IL, USA

Category
Business Development
Business & Strategy
Required Skills
Risk Management
Requirements
  • Professional with extensive business risk and control experience
  • Knowledge of the firm and industry
  • Ability to explain difficult or sensitive information; works to build consensus
  • Experience with creating management dashboards and score cards
  • Strong communication skills, verbal and written
  • Attention to detail
  • College or University degree is preferred
  • 7+ years of Risk & Control experience required
  • Financial services experience
Responsibilities
  • Assist in implementing a robust risk appetite framework tailored to the WM business while adhering to the enterprise requirements
  • Identify, develop, monitor and analyze various risk metrics and key performance indicators to identify potential areas of concern
  • Support the development of dashboards to report risk metrics to WM leadership and to the enterprise consistent with the Enterprise Risk Management Policies
  • Support management in implementing and maintain other Enterprise Risk Management efforts including but not limited to: Policy and Document Governance, Committee Governance, Risk Profile Monitoring and Reporting, Issue Management Resolution and Reporting
  • Support WM Partners in the implementation and ongoing practice of all Enterprise Risk Management compliance by explaining various risk concepts, supporting training efforts
  • Support key Control programs such as Issues Management and Incident Management policies and standards
  • Foster and promote Northern Trust’s commitment to a strong risk management culture by developing a control mindset within the business

Company Size

10,001+

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for ESG solutions boosts Northern Trust's asset servicing business.
  • Rise of digital assets presents expansion opportunities for Northern Trust's custody services.
  • Outsourcing trend in finance increases demand for Northern Trust's third-party services.

What critics are saying

  • Competition in asset servicing may pressure Northern Trust's market share.
  • Rapid digital banking adoption by competitors could outpace Northern Trust's advancements.
  • Geopolitical tensions may disrupt Northern Trust's operations in Asia.

What makes Northern Trust unique

  • Northern Trust collaborates with TCS to enhance its securities services offering.
  • Northern Trust secures asset servicing mandates from Generation Life and Brickwood Asset Management.
  • Northern Trust partners with Foundation Source for modern private foundation management services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Hybrid Work Options

Flexible Work Hours

Mental Health Support

Wellness Program

Company News

ChannelDrive
Mar 8th, 2025
Northern Trust Picks TCS to Transform its Securities Services Offering

Tata consultancy services (TCS), a global enabler in IT services, consulting, and business solutions, has signed an expanded deal with Northern Trust, a global financial institution, to centralize and standardize its custody operations across 99 direct and global markets.

Funds Global Asia
Mar 4th, 2025
Northern Trust secures asset servicing mandate from Generation Life

Under the new mandate, Northern Trust will deliver global custody and valuation reporting services for AU$1.5 billion in Generation Life's portfolio assets, which include domestic and international equities, bonds, foreign exchanges, etc.

Defense World
Mar 4th, 2025
StockNews.com Begins Coverage on International Tower Hill Mines (NYSE:THM)

Northern Trust Corp purchased a new stake in shares of International Tower Hill Mines in the fourth quarter worth about $46,000.

Florida Trend
Mar 4th, 2025
Florida Trend Magazine

Lynch succeeds Paul Williams, who retired after 41 years with Northern Trust.

Asset Servicing Times
Mar 3rd, 2025
Brickwood Asset Management selects Northern Trust for asset servicing solutions

Northern Trust has been selected by UK asset management boutique Brickwood Asset Management to provide asset servicing solutions.