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Embedded Practice Control Officer, Global Family Office, Northern Trust, Chicago

Full-timeChicago, Illinois, USPosted 3 days ago

Northern Trust

Northern Trust's Global Family Office (GFO) is hiring an Embedded Practice Control Officer to own the operational control environment for the practice: implementing control frameworks, running risk assessments and risk-based testing, supporting thematic reviews and audit remediation, and driving a strong risk-management culture. Requires 7+ years of risk & control experience in financial services.

About the Company: Northern Trust is a global wealth-management and asset-servicing leader operating since 1889, serving sophisticated clients through innovative financial solutions and guided by Service, Expertise and Integrity across a 24,000+ employee base.

Role Summary: The Control Specialist provides oversight and support for the operational control environment within the Global Family Office practice, identifying risks and proposing solutions to strengthen processes.

Key Responsibilities: Implement control frameworks and maintain adherence to best practices; conduct risk assessments and evaluate preventative/detective controls; support risk-based testing to identify issues early; assist with thematic reviews ensuring control effectiveness; verify policies and procedures comply with standards and regulations; communicate findings and enhancement recommendations to management; support control programs including Audit Remediation and ATP Standards; and foster a strong risk-management culture.

Requirements: College/University degree preferred; 7+ years of Risk & Control experience required; financial-services background; strong verbal and written communication; attention to detail and ability to build consensus.

$114,700 – $194,900

Legal & ComplianceUnited States