Data Risk/Metric Analyst

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:

• Evaluate existing data governance standards to identify opportunities for new or enhanced controls.
• Define controls aligned with enterprise policies, regulatory expectations, and internal audit requirements.
• Assess end-to-end business and data processes to identify data risks and recommend appropriate control mechanisms.
• Ensure controls are documented in accordance with enterprise corporate control standards, including the rationale, objectives, frequency, ownership, and testing criteria.
• Review and incorporate updates from regulatory bodies, internal audit, and compliance functions into control requirements. Ensure all controls are aligned with enterprise standards for regulatory compliance and risk mitigation.
• Support the execution and testing of controls across data processes and platforms.
• Create and maintain detailed documentation of control procedures, testing evidence, results, and remediation actions.
• Define risk and control metrics, including thresholds, tolerances, and key performance indicators (KPIs). Establish appropriate frequency and timing for control monitoring and data quality checks.
• Gather and integrate data from governance tools such as Collibra to generate reports and dashboards.
• Develop ad hoc and recurring reports for the Data Governance Committee and senior leadership, highlighting key risks, control performance, and improvement opportunities.
• Participates in periodic reviews to ensure continued compliance with the data governance policies (includes compliance assessments, monitoring and control testing).
• Drive efficiency and risk mitigation through balancing business value and cost working with data owners, and consumers to deliver an efficient operating model and data architecture.

Knowledge :

• 2–3 years of experience in data risk, data governance, internal controls, or compliance analytics
• Knowledge of control design, risk identification, and regulatory compliance frameworks
• Experience with data governance tools, especially Collibra, for metadata and control reporting
• Familiarity with reporting tools such as Power BI, Tableau, Excel, or similar platforms
• Familiarity with control testing methodologies, audit processes, and risk documentation standards
• Excellent analytical, communication, and cross-functional collaboration skills
• Strong understanding and capable of effectively communicating the role of Data Governance to both business and technical communities within the sphere of data domain; possess broad knowledge of the domain data
• Understand key business drivers of those functions which enter, modify, manage, and consume the data within domain
• Understand all aspects of defining and implementing data quality management

Experience :

• Experience working in regulated industries (e.g., financial services)
• Working knowledge of frameworks such as BCBS 239, GDPR/CCPA, or SOX
• Exposure to enterprise risk management, issue remediation, or audit lifecycle
• Strong understanding and capable of effectively communicating the role of Data Governance to both business and technical communities within the sphere of data domain; possess broad knowledge of the domain data
• Understand key business drivers of those functions which enter, modify, manage, and consume the data within domain
• Understand all aspects of defining and implementing data quality management
• Possess excellent verbal and written communication skills
• Possess proven facilitation and conflict resolution skills
• Possess exceptional analytical, conceptual and problem-solving abilities

Salary Range:

$95,600 - 162,400 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