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.

The Consultant, Business Unit Controls is responsible for strengthening the operational risk and control environment across the Integrated Portfolio Services (IPS) business. The role partners with Operations, Risk, Compliance, Technology, Audit, and business leadership teams to identify, assess, monitor, and mitigate operational risks while promoting strong governance, control effectiveness, and continuous improvement across global teams.

Responsibilities

Risk & Control Management

• Lead execution of the IPS Business Unit Control Framework.
• Identify, assess, monitor, and report operational risks across business processes.
• Drive control improvements through risk assessments, gap analysis, root cause analysis, and corrective and preventive actions.
• Support the development and maintenance of a strong risk and control culture.

Risk & Control Self-Assessment (RCSA)

• Facilitate RCSA workshops and partner with stakeholders to assess operational, regulatory, financial, and reputational risks.
• Ensure risks and controls are appropriately documented, challenged, reviewed, and escalated where required.
• Present key risk themes, trends, and emerging issues to senior management.

Control Testing & Monitoring

• Design and execute risk-based control testing programs.
• Monitor control effectiveness and track remediation activities.
• Leverage data analytics and automation opportunities to enhance testing efficiency.
• Develop and maintain KRIs, KCIs, dashboards, and reporting metrics.

Governance, Audit & Regulatory Support

• Support Internal Audit, External Audit, regulatory reviews, and enterprise risk assessments.
• Coordinate audit remediation activities and drive timely closure of action plans.
• Maintain governance documentation and support programs related to operational resiliency, business continuity planning (BCP), data governance, technology standards, and risk management frameworks.
• Represent IPS Business Unit Controls in governance forums, working groups, and regional committees.

Incident & Issue Management

• Lead incident reviews and issue management activities.
• Conduct investigations, root cause analysis, lessons learned reviews, and corrective action planning.
• Document and monitor risk acceptance decisions and remediation commitments.

Reporting & Analytics

• Produce executive dashboards and management reporting for risk, control testing, incidents, audits, and remediation activities.
• Deliver weekly and monthly reporting on key risk and control metrics.
• Utilize Power BI and other visualization tools to improve reporting quality and efficiency.

Stakeholder Management

• Build strong partnerships with Operations, Enterprise Risk, Compliance, Technology, Information Security, Legal, and Internal Audit teams.
• Influence stakeholders across regions to strengthen governance and control practices.
• Communicate complex risk and control matters effectively to senior leadership.

Skills and Experience

• Bachelor's Degree and professional certifications such as CRISC, CISA, CIA, PMP, Lean Six Sigma, or Operational Risk certifications are advantageous.
• Significant experience in Operational Risk, Business Controls, Risk Management, Internal Audit, Compliance, or Financial Services Operations.
• Experience within Investment Operations, Asset Servicing, Custody, Fund Administration, or Capital Markets is strongly preferred.
• 5+ years' experience in Operational Risk, Controls, Internal Audit, Compliance, or Financial Services Operations.
• Demonstrated experience leading risk, governance, or control programs.
• Track record of driving process improvements, remediation programs, and control enhancements.
• Experience working across multiple stakeholder groups and geographic regions
• Strong understanding of Operational Risk Management frameworks and control environments.
• Demonstrated experience facilitating Risk & Control Self-Assessments (RCSA).
• Knowledge of operational resiliency, business continuity, governance, and incident management frameworks.
• Experience supporting Internal Audit, External Audit, and regulatory examinations.
• Strong understanding of control testing methodologies, issue management, and remediation tracking.
• Experience developing management information (MI), executive dashboards, and reporting.
• Advanced proficiency in Microsoft Excel, PowerPoint, and Power BI.
• Familiarity with SharePoint, Power Platform, ServiceNow, Archer, or similar GRC platforms.
• Excellent analytical, organizational, and problem-solving capabilities.
• Strong written and verbal communication skills with the ability to influence senior stakeholders.
• Proven ability to manage competing priorities and deliver high-quality outcomes independently.
• Ability to operate effectively within a fast-paced, global environment.

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

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 MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.