Northern Trust

Financial Services

AssociateSpecialist,AssetServicingControls

$96–162k Chicago, Illinois, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Associate Specialist, Asset Servicing Controls at Northern Trust. Skills: Asset Servicing, Controls, Risk management. Conduct risk reviews. Review processes”

Industry & Context.

Financial Services
Problems you'll solve

Problem-solving; Analytical; Prioritization

What They're Looking For.

Must Have

Experience in banking, Experience in regulated environment, Experience in risk, Experience in controls, Experience in audit, Experience in compliance, Experience in governance

Nice to Have

Bachelor's degree in business, Bachelor's degree in management, Bachelor's degree in related field, Experience with GRC tools

What You'll Do.

Support control initiatives

Support risk mitigation

Support regulatory alignment

Escalate risk matters

Escalate control matters

Identify corrective actions

Support RCSA activities

Support operational risk initiatives

Support corporate risk initiatives

Lead issue remediation

Lead loss event activities

How You'll Work.

Team & Collaboration

Partner with control managers; Partner with business stakeholders; Partner with cross-functional teams

Full 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. **_About the Opportunity_** As an Associate Specialist, Asset Servicing Controls, you will join the Asset Servicing Control team and help strengthen the control environment across operational processes, procedures, and client servicing deliverables. This role offers broad exposure to Asset Servicing and control teams across the organization, with opportunities to partner with control managers, business stakeholders, and cross-functional teams on key priorities, including: * Control oversight and risk mitigation * Process and control reviews * Policy review, governance, metrics, and reporting * Risk reviews, incident analysis, escalation, and RCSA ** _What You’ll Do_** * Conduct risk reviews across operational processes and client servicing deliverables. * Review and test processes and controls, and recommend actions to address gaps. * Support control initiatives that enhance efficiency and strengthen controls. * Support governance, metrics, and reporting for Asset Servicing controls. * Review policies and standards to support risk mitigation and regulatory alignment. * Escalate risk and control matters to key stakeholders. * Evaluate incidents and losses to identify trends, root causes, and corrective actions. * Support RCSA activities by assessing and challenging risks and controls. * Support operational and corporate risk initiatives, as needed. * Lead issue remediation activities in partner

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