Operational Risk Specialist
4 days ago
Northern Trust is a Fortune 500 company and a globally recognized financial institution. The company has been in continuous operation since 1889, providing innovative financial services to individuals, families, and institutions worldwide.
The Role
Our team is seeking an experienced Risk & Control Self-Assessment specialist to join our First Line of Defense Shared Service team. In this role, you will play a key part in executing the RCSA program, ensuring compliance with program framework and guidance. As a subject matter expert, you will advise and guide the business to identify risks and controls effectively and document them properly.
Key Responsibilities:
- Facilitate the RCSA program by creating a value-added RCSA product that captures the risk and control environment of the business.
- Manage RCSA program deliverables, including action plans, post-effectiveness testing, and control evaluation.
- Review workflows to identify and drive management of risks associated with the program and improve the overall control environment.
- Contribute to the development, maintenance, and ongoing enhancement of RCSA program Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs).
- Implement controls to mitigate process risks.
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