Strategic Remediation Validation Testing - Operations & QA Specialist at Northern Trust in Chicago, Illinois

Job Description:

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.

We are seeking a Strategic Remediation Validation Testing Operations and Quality Assurance Specialist to join our newly established Strategic Remediation Validation Testing function within the Global Strategic Remediation Oversight and Governance (SROG) team of the Global Regulatory Affairs Office. The successful candidate will report to the Head of Strategic Remediation Validation Testing.

In this role, among other activities, you will collaborate closely with the Strategic Remediation Validation Testing management team and broader Global Regulatory Affairs Office to enhance and maintain procedures, templates, and supporting stakeholder materials; develop and maintain the testing schedule and staff allocations; contribute to the design, implementation, and maintenance of the QC testing tool; and design and execute a quality assurance approach to ensure consistent application of the Remediation QC Validation Testing methodology.

The key responsibilities of the role include:

• Contribute to the design and build of the strategic remediation quality control validation methodology and processes, including creation of process documentation, roll out to stakeholders and team.


• Establish and execute a quality assurance approach to ensure that all QC testing is conducted in accordance with these standards and that any deviations are promptly addressed.


• In collaboration with the Head of Strategic Remediation Validation Testing, help drive operating model changes which promote greater testing effectiveness, including determining ongoing control testing needs for all control testing requirements


• Develop and maintain an integrated testing calendar that outlines all planned testing activities


• Contribute to the development, implementation, and oversee the maintenance of our QC testing platform and tools. Ensure that all tools are functioning properly and that any issues are promptly addressed


• Working with the Strategic Remediation Validation Testing team, create a training plan to develop and deliver training programs to ensure that all team members are fully aware of new or updated standards and procedures.


• Prepare and distribute reports on test results, issues, and other relevant information. Ensure that all stakeholders are kept informed of our risk management activities and potential impacts to risk profile of the firm.


• Establish and develop strong working relationships with key stakeholders


• Demonstrate strong initiative, project management, people skills, sound decision-making, intuitive thinking, and sensitivity to cultural diversity

The successful candidate will benefit from having:

• A college or university degree


• 13+ yrs. experience in financial services, with several years of direct experience or knowledge of auditing in the financial services industry, with strong experience related to risk culture, risk management, and compliance, or similar consultancy experience in the financial services industry


• Superior analytical and organizational skills


• Ability to work under pressure


• Ability to multitask and prove flexibility to change plans at short notice


• Ability to communicate effectively in both oral and written forms, with all levels of staff and management

• Experience in designing and delivering high quality, high value internal testing programs for large businesses or regulated environments

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.