Specialist, Chief Control Office

Posted 9 Days Ago
Be an Early Applicant
Chicago, IL, USA
Hybrid
115K-195K Annually
Expert/Leader
Artificial Intelligence • Cloud • Fintech • Information Technology • Analytics • Financial Services • Cybersecurity
Dynamic careers. Brighter futures. Achieve greater.
The Role
Lead analysis and design of risk and control operating models, identify control gaps, develop reporting/data maps, partner with IT to build BI solutions, present recommendations to senior stakeholders, and drive risk culture transformation across lines of defense.
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.


Summary

Responsible for analyzing and translating strategic plans/needs and industry trends to map out how a business should function and determine capability gaps. Develop and expand capability strategy by internal development of the existing platform or by supporting the sales process with clients in developing/designing operating models and functional/client architecture and through new clients. Provide guidance around business analysis to support the business strategy using modeling methods. Partner with IT in developing an IT framework/product.

Provide vision to project teams, resolving cross domain functional issues and aligning project work to the vision/functional designs provided. This role is client-facing (works with external asset management companies) and internally focused (works with technology partners and operational areas), with the objective of engaging with clients to accurately articulate business requirements and understand and solve business problems in order to provide robust and integrated solutions.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Major Duties :

1. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise
2. Focus of role is on execution of strategic direction of business function activities
3. Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
4. Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity

5. Define standard set of tactical and strategic CCO reports needed and align stakeholders on data sources and data maps to be used for board, scorecard, and other metrics within the 1LOD and 2LOD.  This includes creation and maintenance of the data map, establishing data dictionary, and aligning standards across 1LOD and 2LOD

6. Understand the overall health of the internal risk and control environment, identify trends, weaknesses, and determination of required mitigation actions.

7. Experience in reviewing and interpreting CCO deliverables in scope of overall company objectives and priorities, providing recommendations, and taking initiative on projects or team tasks, while managing multiple priorities effectively and driving outcomes independently

8. Advancing proactive risk management culture transformation within the organization

9. Demonstrated ability to present to senior audience

Knowledge :

  • In-depth understanding of Risk and Control framework, Business and Data modeling, and Business analysis

  • Experience with reporting solutions for the Risk and Control management similar to Qlik Sense, IBM Open Pages, Service Now, Tableau

  • Experience designing solutions in PowerBI, proficient in Excel

  • Excellent oral and written communication skills are required

  • In-depth Functional / Industry Knowledge is required

  • Highly flexible and adaptable to change

  • Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.

  • #LI-GG1

  • #LI-Hybrid

Experience :

  • Seasoned expert with extensive technical and business knowledge and functional expertise that has been developed over 15+ years and/or equivalent experience.

  • Consulting background is a plus

Salary Range:

$114,700 - 194,900 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.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


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.


Skills Required

  • 15+ years of technical and business experience
  • In-depth understanding of Risk and Control framework, business and data modeling, and business analysis
  • Experience with reporting solutions for risk and control management (Qlik Sense, IBM Open Pages, ServiceNow, Tableau)
  • Experience designing solutions in Power BI and proficiency in Excel
  • Demonstrated ability to present to senior audiences
  • Excellent oral and written communication skills
  • Leadership and organizational skills to set goals and develop staff
  • Client-facing experience working with external asset management companies and internal technology partners
  • Consulting background
  • Authorized to work in the U.S. without the need for employer visa sponsorship

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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