1LOD Control Testing Manager

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 team of Test Lead(s) and Tester(s)

• Review resourcing for respective area, including ensuring Test Leads and Testers can meet testing demand and have appropriate experience and skill levels

• Promote standardized testing execution activities by performing quality review over pertinent 1LOD testing outputs including planning and final reporting

• Help facilitate efficient testing practices including utilization of automated tools as part of execution activities.

• Acts as point of escalation for matters related to significant deficiencies and risks to ongoing operations of the Function.

• Collaborate within the first line and within the other lines of defense to promote coordination of risk management-based activities.  

• Responsible for communicating thematic observations and trends to Senior Leadership and Oversight Committees.

• Work with the Director of 1LOD Control Testing to communicate statuses and respond to inquiries from Audit regulatory bodies.

The successful candidate will benefit from having:

• College or university degree required

• 8+ years experience of risk and control experience inclusive of direct control testing experience

• 4+ years direct management experience

• Deep understanding of other assurance-based activities including controls monitoring and compliance testing

• Experience managing a testing function across multiple jurisdictions

• Experience in financial services industry

• Deep understanding of and experience contributing to design of control frameworks, risk management frameworks, and testing methodologies

• Self-motivated with strong collaboration and communicati