Director, IAM Governance

Posted 8 Days Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
137K-240K Annually
Senior level
Artificial Intelligence • Cloud • Fintech • Information Technology • Analytics • Financial Services • Cybersecurity
Dynamic careers. Brighter futures. Achieve greater.
The Role
Lead the IAM governance and Technology Risk unit, develop and approve security architecture, policies, and controls; direct risk assessments, compliance audits, incident investigations, staffing, budgeting, and training; advise management and implement risk management and compliance programs.
Summary Generated by Built In

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.

Major Duties :

1. Manages the Technology Risk unit or function. Establishes
performance standards for the unit. Conducts the performance
management process, identifies training and career development
needs.
2. Approves IS security architecture/designs, plans, controls, processes,
standards, policies and procedures to ensure alignment with IS
standards and overall IS security strategy.
3. Responsible for directing the development of techniques and
procedures for conducting IS security risk assessments and
compliance audits, the evaluation and testing of hardware, firmware
and software for possible impact on system security, and the
investigation and resolution of security incidents.
4. Advises management on security effectiveness and recommends
enhancements. Develops, implements, and communicates an
overall strategy to meet both the business unit¿s and the corporation¿s
strategic plan. Directs the activities of the area towards accomplishing
those objectives.
5. Determines staffing needs, makes hiring and firing decisions, handles
salary administration, and ensures resources are available to
accomplish priorities. Develops and manages diversity programs and
programs for the unit.
6. Participates in developing the business unit strategic plan and
sets goals and priorities based on the direction set for the unit.
Follows through to ensure that objectives are met.
7. Develops unit(s) budget and manages the expenses for the unit.
8. Develops risk management and compliance programs and activities
for the unit.
Knowledge :Requires excellent communication skills, analytical ability, strong judgment and management skills, and the ability to work effectively with client, IT management and staff, vendors and consultants.
Experience :Bachelor degree in Computer Science or a related discipline and at least six, typically eight or more years experience in security aspects of multiple platforms, operating systems, software, communications and network protocols or an equivalent combination of education and work experience.

Salary Range:

$137,400 - 240,400 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.

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 [email protected].

 
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.

Skills Required

  • Bachelor's degree in Computer Science or a related discipline (or equivalent combination of education and experience)
  • At least six years (typically eight or more) of experience in security across multiple platforms, operating systems, software, communications and network protocols
  • Proven experience managing a Technology Risk or security unit, including performance management and career development
  • Experience approving and designing information security architecture, controls, standards, policies and procedures
  • Experience directing security risk assessments, compliance audits, testing of hardware/firmware/software, and security incident investigation and resolution
  • Strong communication, analytical ability, judgment, and management skills to work with clients, IT management, vendors, and consultants
  • Experience with staffing decisions, salary administration, hiring/firing, and developing/managing unit budgets
  • Experience developing and implementing risk management and compliance programs

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 Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
  • Leave & Time Off Breadth Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
  • Healthcare Strength Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.

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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