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.

Role/ Department:

Northern Trust Banking & Markets encompasses global banking, treasury management, lending and benefit payments, alongside the global trading desks for all equities bonds and FX trading, securities lending and financing and repo trading. The Practice Oversight role will be responsible for the setup and ongoing support of the oversight model across Banking & Markets. This role combines experience and operational knowledge across financial services and banking with that of audit, control and/or risk.

The key responsibilities of the role include:

• Partners across internal teams to provide oversight and guidance, ensuring alignment with risk, compliance, and strategic objectives

• Responsible for the setup, maintenance and enhancement of the oversight model on outsourced 1LoD banking and capital markets functions

• Performs an ongoing banking oversight review, reviews Key Performance indicators and performs risk assessment

• Able to perform periodic testing & on-site inspections of outsourced divisions & functions

• Has a sound knowledge of banking regulations and oversight functions

• Assists in the monitoring and oversight of regulatory reporting for Banking services and transmits to the regulator

Skills/Qualifications

• Proven experience with knowledge of Banking and/or Markets operations

• Operations/audit/control/risk partner with knowledge of the relevant business practice including its strategic goals, associated products and supporting operational functions

• Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment

• Knowledge of Cash & Payment regulations, regulatory transaction reporting and industry best practices

• Excellent communication and problem-solving skills

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. #Made For Greater

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.