1LOD -RCSA Consultant

Reposted Yesterday
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2 Locations
Hybrid
Junior
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The Role
Manage and govern the RCSA program for assigned business units, run stakeholder workshops, document risks and controls, escalate and resolve issues with 1LOD/2LOD partners, produce management reporting, and contribute to project timelines and process improvements.
Summary Generated by Built In

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.


Role/ Department:
Consultant, Risk Control Self-Assessment (RCSA) - 1LOD Risk and Resiliency
As part of the First Line of Defense, the RCSA Consultant provides support, governance and oversight for the Northern Trust Businesses in the execution of their RCSA’s. The role supports all Northern Trust business segments including Asset Servicing, Northern Trust Asset Management (NTAM), Chief Operating Officer and Corporate functions and will work with partners across all three Lines of Defense.
The candidate will have the opportunity to grow and develop their Risk and Control skills and Business Unit knowledge whilst also enhancing their internal network through the broad reach of stakeholder engagement at all seniority levels involved in the program.

The key responsibilities of the role include:
Manage the RCSA (Risk & Control Self-Assessment) program for specific business units, ensuring adherence to both the framework requirements and committed deadlines.
Coordinate with all the relevant stakeholders involved and ensure their participation in the workshops for an accurate risk and control assessment.
Extensive documentation of the risks and controls discussed in the workshops and in the system of record.
Escalate RCSA project related matter to the relevant manager.
Challenge the risk and control assessment to ensure the integrity of the assessment adheres to the program requirements.
Co-ordinate with partners in both First and Second Lines of Defense to manage issues that arise out of the RCSA or the testing to ensure timely resolution of issues.
Management reporting on all areas related to RCSA.
Proactively identify areas of improvement within the program and initiate discussion with the manager.
Project management – Contributing to the overall project by ensuring that the timelines are met.

Skills/ Qualifications:
The ideal candidate will have financial services experience.
Experience in Risk/Control/Audit.
Strong communicator who is comfortable interacting with Partners at all levels
Excellent writing skills
Ability to work on own initiative, as well as collaborate with others.
Strong organizational/planning skills
Experience of using Microsoft 365 Packages, (Outlook, Excel, PowerPoint, Visio, Power BI) and SharePoint

Experience

For internal applications - 24 months as Technical Coordinator/Associate Consultant


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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.


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.

Skills Required

  • Financial services experience
  • Experience in Risk, Control, or Audit
  • Strong verbal communication and stakeholder engagement skills
  • Excellent written communication skills
  • Ability to work on own initiative and collaborate effectively
  • Strong organizational and planning skills
  • Experience using Microsoft 365 (Outlook, Excel, PowerPoint, Visio, Power BI) and SharePoint
  • For internal applicants: 24 months as Technical Coordinator/Associate Consultant

Northern Trust Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.

  • Retirement Support A 401(k) with company match alongside an employer‑funded defined‑benefit pension is highlighted in employer‑verified materials and filings, setting the retirement package apart from many private employers.
  • Leave & Time Off Breadth PTO is portrayed as solid overall, and two paid volunteer days per year are clearly documented across corporate materials.
  • Parental & Family Support Company sources and postings reference paid parental and caregiver leave and recent enhancements to parental benefits, indicating meaningful family support within the package.

Northern Trust Insights

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The Company
HQ: Chicago, IL
24,000 Employees
Year Founded: 1889

What We Do

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.

Why Work With Us

At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.

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