Global Head of Asset Servicing Control at Northern Trust

London, England, United Kingdom

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Global leadership experience in executing Non-Financial Risk (Control) Frameworks for Asset Servicing
Ability to direct and lead strategies and initiatives, including developing a strong risk and control culture
Expertise in managing stakeholders in non-financial risk and control matters, including communication and engagement
Skills in leading and managing control activities/initiatives and collaborating with risk and control partners
Capability to direct global managers in implementing control frameworks and programs as outlined by 1LOD Hubs
Knowledge of providing oversight to ensure adherence to risk and control corporate policies and best practices across regions
Proficiency in problem assessment, resolution, and collaborative problem-solving in a matrix organizational setting
Experience acting as a 'Trusted Advisor' on operational risk and control issues

Responsibilities

Communicate and execute the global strategy of the 1LOD Non-Financial Risk (Control) Programs within Asset Servicing
Manage the day-to-day focus of the team using risk identification, assessment, and tools to identify control weaknesses/gaps and drive continual process and control improvements
Provide leadership and senior management level coordination in dealing with control issues/incidents
Create a structure that provides guidance and consultation on operational risk and control issues for 1LOD business functions
Lead the SME challenge component of the Global Risk & Control Self-Assessment (RCSAs) for Asset Servicing, highlighting high-likelihood risks and ensuring transparency to Senior Management
Lead reviews and challenge of operational changes from new business/products, processes, systems, and market activities, with recommendations for best practices and enhancements
Ensure Risk Treatment is understood, acceptance is documented and communicated, and metrics are established for monitoring adherence to recommended controls
Oversee key Control programs such as Audit Remediation, ASL, Fraud etc. for Asset Servicing, including methodology definition, execution, implementation, reporting, and tracking
Lead training and communications with partners to promote control culture and reinforce risk and control principles
Provide oversight, reporting, and monitoring for the controls outlined for Asset Servicing, including risk management metrics, progress on issues, and program performance
Coordinate and serve as the key escalation point to Business Unit Risk and Corporate Risk for related issues
Provide leadership representation

Skills

Key technologies and capabilities for this role

Risk ManagementControl FrameworkStakeholder ManagementRisk IdentificationRisk AssessmentProcess ImprovementLeadershipGlobal Strategy

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What are the key skills required for the Global Head of Asset Servicing Control role?

The role requires leadership in non-financial risk frameworks, stakeholder management, problem-solving in matrix settings, and expertise in risk identification, assessment, and control self-assessments.

What is the company culture like at Northern Trust?

Northern Trust emphasizes enduring principles of service, expertise, and integrity, with a focus on innovative financial services, leading technology, and exceptional service for sophisticated clients.

What makes a strong candidate for this position?

A strong candidate will have global leadership experience in non-financial risk and control frameworks, proven ability to manage stakeholders and teams across regions, and skills in risk assessment, problem resolution, and driving control improvements.