Senior Consultant, 1LOD Control Tester at Northern Trust

Chicago, Illinois, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

College or university degree required
5+ years of risk and control experience; control testing or internal audit experience required
Experience in financial services industry, including regulatory experience
Understanding of control frameworks and testing methodologies
Self-motivated with strong collaboration and communication skills, both verbal and written
Excellent analytics skills and attention to detail
Ability to juggle multiple tasks while effectively able to work towards deadlines

Responsibilities

Executes controls testing execution including walkthroughs, design, and operating effectiveness testing
Ensures all aspects of testing are properly documented in prescribed templates and First Line of Defense Control Testing Methodology and in line with testing quality expectations
Draft reporting and incorporate feedback resulting from Test Lead/Manager review
Responsible for identification and escalation of follow-ups and potential deficiencies
Work closely with stakeholders of varying levels to remediate risk areas while driving improved operations/compliance
Assist with control projects, operational and/or corporate risk initiatives, where directed

Skills

Key technologies and capabilities for this role

Control TestingRisk ManagementTest ExecutionControl ReviewData AnalysisCompliance Testing1LoD TestingRisk Assessment

Questions & Answers

Common questions about this position

What experience is required for the Senior Consultant, 1LOD Control Tester role?

A college or university degree is required, along with 5+ years of risk and control experience, including control testing or internal audit experience, and experience in the financial services industry with regulatory knowledge.

What are the main responsibilities of this position?

Key responsibilities include executing control testing such as walkthroughs, design, and operating effectiveness testing; documenting testing in prescribed templates; drafting reporting; identifying and escalating deficiencies; and working with stakeholders to remediate risks.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this a remote position, or what is the work arrangement?

This information is not specified in the job description.

What does Northern Trust offer for career growth and company culture?

Northern Trust emphasizes empowering partners with resources for career development, encourages movement within the organization, provides accessible senior leaders, and focuses on continuous learning, growth, and community strengthening.