1LOD Control Testing Manager at Northern Trust

Chicago, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

College or university degree required
8+ years experience of risk and control experience inclusive of direct control testing experience
4+ years direct management experience
Deep understanding of other assurance-based activities including controls monitoring and compliance testing
Experience managing a testing function across multiple jurisdictions
Experience in financial services industry
Deep understanding of and experience contributing to design of control frameworks, risk management frameworks, and testing methodologies
Self-motivated with strong collaboration and communication skills, both verbal and written, with senior management and Regulatory Bodies
Strong interpersonal and leadership skills

Responsibilities

Responsible for managing team of Test Lead(s) and Tester(s)
Review resourcing for respective area, including ensuring Test Leads and Testers can meet testing demand and have appropriate experience and skill levels
Promote standardized testing execution activities by performing quality review over pertinent 1LOD testing outputs including planning and final reporting
Help facilitate efficient testing practices including utilization of automated tools as part of execution activities
Acts as point of escalation for matters related to significant deficiencies and risks to ongoing operations of the Function
Collaborate within the first line and within the other lines of defense to promote coordination of risk management-based activities
Responsible for communicating thematic observations and trends to Senior Leadership and Oversight Committees
Work with the Director of 1LOD Control Testing to communicate statuses and respond to inquiries from Audit regulatory bodies
Oversee a team of professionals to execute high quality 1LoD Control Testing in line with corporate policies and standards
Support ongoing improvement in approaches across the 1LoD Control Testing activities inclusive of methodology, tools and processes

Skills

Key technologies and capabilities for this role

Control TestingRisk ManagementComplianceTeam ManagementStakeholder CollaborationOperational RiskFinancial RegulationsPolicy Implementation1LoD TestingAudit Standards

Questions & Answers

Common questions about this position

What is the salary range for the 1LOD Control Testing Manager role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

What are the key responsibilities and skills needed for this role?

The role involves managing a team of Test Lead(s) and Tester(s), reviewing resourcing and skill levels, performing quality reviews on testing outputs, facilitating efficient testing practices with automated tools, acting as escalation point for deficiencies, and collaborating across lines of defense.

What is the company culture like at Northern Trust?

Northern Trust emphasizes empowering partners with resources for career development and growth, encourages movement within the organization, provides accessible senior leaders, and is committed to strengthening communities.

What makes a strong candidate for the Control Testing Manager position?

Strong candidates will have leadership experience in managing testing teams, skills in reviewing resourcing and quality of testing outputs, knowledge of automated testing tools, and ability to collaborate across global operations and lines of defense.