Assoc. Specialist - Intercompany Arrangement Office at Northern Trust

Pune, Maharashtra, India

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

8 Years of experience post-graduation; degree such as CA/MBA preferred
Strong understanding of and experience in risk management, governance, control, and compliance preferred
Working experience in Third Party Risk Management is an added advantage
Excellent analytical skills for reviewing questionnaires, assessments, and reports
Attention to detail for documentation and logging
Excellent communication skills, both verbal and written, and proven ability to effectively interact with stakeholders
Familiarity with systems and tools such as Coupa CRA and SharePoint
Ability to accurately identify, escalate, and drive actions to mitigate priority risks
Strong organization, attention to detail, time management, planning skills, and ability to handle multiple competing priorities
Ability to develop strong relationships and build stakeholder alignment on key initiatives

Planning & Documentation: Request and review business rationales, entity critical assessments, and exit strategies for new services. Ensure completeness and log deficiencies as needed
Risk Assessment & Due Diligence: Oversee completion and quality check of IRQs and DDQs. Select risk-based samples for review and ensure logical, consistent responses. Log deficiencies and escalate unresolved issues
Contracting & Inventory Management: Verify proper storage and recording of ICSAs; ensure service descriptions are complete and meet required standards
Monitoring & Reporting: Conduct lifecycle monitoring of ICAs, track KPIs/KRIs, log and report exceptions and breaches, escalate as required
Program Review & Data Reconciliation: Perform annual and semi-annual reviews of registers, lists, and inventories. Reconcile databases and ensure all documentation is up to date
Stakeholder Engagement: Liaise with Legal Entity Outsourcing Managers (LEOM), Relationship Managers, and other stakeholders for information and confirmations