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Associate Specialist, Asset Servicing Controls

Work from home Full-time role Hiring

Northern Trust is a globally recognized financial institution that has been in operation since 1889. As an Associate Specialist in Asset Servicing Controls, you will strengthen the control environment across operational processes and procedures, conducting risk reviews and supporting governance and metrics for Asset Servicing controls.

Responsibilities

  • Conduct risk reviews across operational processes and client servicing deliverables
  • Review and test processes and controls, and recommend actions to address gaps
  • Support control initiatives that enhance efficiency and strengthen controls
  • Support governance, metrics, and reporting for Asset Servicing controls
  • Review policies and standards to support risk mitigation and regulatory alignment
  • Escalate risk and control matters to key stakeholders
  • Evaluate incidents and losses to identify trends, root causes, and corrective actions
  • Support RCSA activities by assessing and challenging risks and controls
  • Support operational and corporate risk initiatives, as needed
  • Lead issue remediation activities in partnership with business units
  • Lead operational loss event activities in partnership with business units

Skills

  • Bachelor's degree in business, management, or a related field preferred
  • Experience in banking or another regulated environment, ideally in risk, controls, audit, compliance, or governance
  • Strong analytical, problem-solving, and prioritization skills
  • Strong communication skills and the ability to influence diverse stakeholders
  • Ability to think strategically and execute in a fast-paced environment
  • Proficiency in Microsoft 365 applications, including Excel, PowerPoint, Outlook, Visio, Power BI, and SharePoint
  • Experience with Governance, Risk, and Compliance (GRC) tools preferred

Benefits

  • Retirement benefits (401k and pension)
  • Health and welfare benefits (medical, dental, vision, spending accounts and disability)
  • Paid time off
  • Parental and caregiver leave
  • Life & accident insurance
  • Other voluntary and well-being benefits
  • Discretionary bonus program that may include an equity component
  • Flexible and collaborative work culture
  • Reasonable accommodations to individuals with disabilities

Company Overview

  • Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking. It was founded in 1889, and is headquartered in Chicago, Illinois, USA, with a workforce of 10001+ employees. Its website is http://www.northerntrust.com.

    • Company H1B Sponsorship

  • Northern Trust has a track record of offering H1B sponsorships, with 22 in 2026, 180 in 2025, 203 in 2024, 102 in 2023, 74 in 2022, 298 in 2021, 83 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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