About the role
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role/ Department:
Northern Trust Banking & Markets encompasses global banking, treasury management, lending and benefit payments, alongside the global trading desks for all equities bonds and FX trading, securities lending and financing and repo trading. The Practice Oversight role will be responsible for the setup and ongoing support of the oversight model across Banking & Markets. This role combines experience and operational knowledge across financial services and banking with that of audit, control and/or risk.
The key responsibilities of the role include:
Partners across internal teams to provide oversight and guidance, ensuring alignment with risk, compliance, and strategic objectives
Responsible for the setup, maintenance and enhancement of the oversight model on outsourced 1LoD banking and capital markets functions
Performs an ongoing banking oversight review, reviews Key Performance indicators and performs risk assessment
Able to perform periodic testing & on-site inspections of outsourced divisions & functions
Has a sound knowledge of banking regulations and oversight functions
Assists in the monitoring and oversight of regulatory reporting for Banking services and transmits to the regulator
Skills/Qualifications
Proven experience with knowledge of Banking and/or Markets operations
Operations/audit/control/risk partner with knowledge of the relevant business practice including its strategic goals, associated products and supporting operational functions
Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment
Knowledge of Cash & Payment regulations, regulatory transaction reporting and industry best practices
Excellent communication and problem-solving skills
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Aplyr's read
Northern Trust stands out in financial services with a focus on institutional clients and affluent individuals, attracting professionals in investment management and asset servicing.
What's promising
- •Strong reputation for stability and trust in the financial services industry.
- •Diverse career opportunities across investment management, asset servicing, and banking.
- •Commitment to innovation with roles in digital product management and cybersecurity.
What to watch
- •Highly competitive industry with pressure to maintain cutting-edge technology.
- •Potential for limited upward mobility in certain specialized roles.
- •Complex regulatory environment may impact operational flexibility.
Why Northern Trust
- •Focus on serving corporations and affluent individuals sets it apart from retail banks.
- •Extensive global network supports international career opportunities.
- •Emphasis on client relationships and personalized service differentiates it from larger financial institutions.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Northern Trust
Northern Trust is a financial services company that provides investment management, asset servicing, and banking solutions to corporations, institutions, and affluent individuals.
