Associate Specialist Control Testing at Northern Trust

Boston, Massachusetts, United States

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

College or university degree is preferred
10+ years of risk and control experience
Experience in financial services industry
Deep understanding of control frameworks and testing methodologies
Self-motivated with strong collaboration and communication skills, both verbal and written, with varying organizational levels including senior management
Excellent analytics skills and attention to detail
Strong interpersonal and leadership skills, including experience mentoring
Ability to juggle multiple tasks while effectively able to work towards deadlines

Responsibilities

Leads controls testing execution including walkthroughs, design, and operating effectiveness testing
Performs quality review over testing workpapers (produced by other testers) to ensure execution and documentation meet First Line of Defense Control Testing Methodology and testing quality expectations
Lead representative to ensure relevant stakeholders are appropriately engaged in all critical testing phases
Provides support to Tester(s) to ensure testing is being performed effectively and efficiently
Responsible for monitoring all testing phases including escalation of significant deficiencies and/or testing delays
Compile, manage, submit and socialize required monthly, quarterly or annual reporting including test results, dashboards and/or testing issue remediation status
Responsible for assisting in the identification and escalation of follow-ups and potential deficiencies
Work closely with the business partners to obtain issue remediation action plans, track and report status of remediation actions, including maintaining dialogue with the business to ensure timely remediation of issues
Assist with control projects, operational and/or corporate risk initiatives, where directed

Skills

Key technologies and capabilities for this role

Control TestingRisk ManagementCompliance TestingFinancial ControlsTest ExecutionRisk-Based Review

Questions & Answers

Common questions about this position

What is the salary for the Associate Specialist Control Testing role?

This information is not specified in the job description.

Is this a remote position or what is the location requirement?

This information is not specified in the job description.

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

Key responsibilities include leading controls testing execution with walkthroughs, design, and operating effectiveness testing, performing quality reviews of testing workpapers, engaging stakeholders, supporting testers, monitoring testing phases, and handling reporting on test results and issues.

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 this Associate Specialist role?

Strong candidates should have experience in control testing, risk management, and the ability to work independently under general supervision while leading testing execution, quality reviews, stakeholder engagement, and reporting across operational and compliance areas.