Northern Trust

Consultant, Operational Control Testing - Asset Management

London, UK/Hybrid
29 Feb 2024
29 Mar 2024
Contract type
Full time
Experience level
Qualified accountant

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 Asset Management (NTAM) is an over a trillion-dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.

This role within the NTAM EMEA Controls team, is responsible for supporting the control testing program to validate that appropriate Asset Management controls are in place and are effectively designed and operating to ensure the continual delivery of services. This role also has a line into the NTAM Global Control Testing team.

Duties and Responsibilities include:

  • Supports control testing leadership in all phases of testing and provides assessment of the adequacy of required controls.
  • Assists in the development and execution of appropriate test plans using a risk-based approach.
  • Undertakes testing of controls identified through the Risk and Control Self-Assessment (RCSA) process to provide assurance over their design and operating effectiveness.
  • Oversees testing against a range of scenarios including those relating to Business Continuity and Operational Resilience to identify control gaps and vulnerabilities.
  • Undertakes focused deep dives into new and developing areas such as Environmental, Social & Governance (ESG)
  • Assists in the identification of vulnerabilities, suggests remediation activities, and works with the business to address gaps and enhancements to plans/strategies/processes/playbooks.
  • Supports reporting on the results oftesting and associated improvement plans/strategies.
  • Identifies and solves complex, operational problems leveraging the appropriate resources within or outside the department.
  • Supports the implementation of testing and reporting to confirm execution in alignment with the control testing framework.

Skills / Qualifications:

  • Bachelor’s degree or equivalent experience
  • 8+ years in financial services, consulting, operational risk management, or audit with a demonstrated track record of operational risk management, of which at least 3-5 years of related experience in roles working in Control Testing
  • Solid understanding of regulatory, compliance, and legal environment within the Asset Management industry
  • Experience working in an Asset Management or Asset Servicing organization.
  • Ability to drive to execution through strong project management and prioritization skills.
  • Adept at and with a proven track record of working across multiple areas of businesses and functions.
  • Strong influencing, facilitation, and consensus-building skills across all organizational levels.
  • Ability to assess risk, identify and communicate solutions, and drive change.
  • Dynamic relationship-building and partnership skills; a strong collaborator across multiple groups and stakeholders.
  • Outstanding communication and influencing skills, both written and verbal, with demonstrated ability to develop materials and effectively present to and persuade Executive, Risk, and Audit audiences as well as regulators.
  • Demonstrated track record of operating independently on multiple priorities with minimal oversight.
  • Flexibility and ability to rapidly adapt to change and shifting business priorities.
  • Global outlook with sensitivity and awareness of social and cultural differences.
  • Strong situational awareness and decision-making capabilities.
  • Strong understanding of risk management and asset management practices.

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.

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

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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