1LoD Control Testing - Lead/Associate Specialist

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.

Continue to learn, grow and evolve 

No matter what greater means to you, we can help you find it. We believe in empowering our partners with the resources, support and opportunities to achieve greater and reach their full potential. A strong focus on individual career development and growth is just one way we help you reach your goals. 

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to strengthening the communities in which we live and work. 

We are seeking a Control Testing Manager to join our newly established Centralized 1LoD Control Testing function (1LoD Testing). This 1LOD Testing team aims to standardize and enhance our control testing practices across all Business Units and Corporate Functions. As a key leader of the team, you will play a pivotal role in supporting risk management activities across the organization. This includes the opportunity to be immersed across multiple operational and compliance areas, with opportunities to specialize in specific areas of interest. 

In this role, reporting into the Control Testing Director, you will collaborate closely with stakeholder partners across NTC’s global operations. Your responsibilities will include managing and overseeing a team of professionals to execute high quality 1LoD Control Testing in line with corporate policies and standards. In addition, you will work closely with members of the 1LoD Control Testing leadership team to support ongoing improvement in approaches across the 1LoD Control Testing activities inclusive of methodology, tools and processes.  

The key responsibilities of the role include: 

• Responsible for managing a team of Test Lead(s) and Tester(s), including providing hands on training which promotes effective and efficient testing across the 1LoD Testing team.  

• Performs quality review over testing workpapers (produced by other testers) to ensure execution and documentation meet First Line of Defense Control Testing Methodology and testing quality expectations.  

• Lead representative to ensure relevant stakeholders are appropriately engaged in all critical testing phases. 

• Provides support to Tester(s) to ensure testing is being performed effectively and efficiently.  

• Responsible for monitoring all testing phases including escalation of significant deficiencies and/or testing delays. 

• Compile, manage, submit and socialize required monthly, quarterly or annual reporting including test results, dashboards and/or testing issue remediation status. 

• Responsible for assisting in the escalation of follow-ups and potential deficiencies.  

• Work closely with the business partners to monitor  issue remediation action