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Strategic Remediation Validation Consultant
2 months ago
About Northern Trust Corporation:
Northern Trust Corporation, a leading global financial institution, has been a trusted partner for over 130 years, providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.
We are proud to offer a collaborative and dynamic work environment, where our employees can grow and develop their careers in a company committed to excellence, integrity, and community involvement.
Job Summary:
We are seeking a highly skilled and experienced Strategic Remediation Validation Consultant to join our Global Significant Remediation Oversight and Governance team. As a key member of our team, you will be responsible for designing and executing remediation validation testing plans, ensuring alignment with regulatory expectations and translating multiple requirements into a balanced validation program.
Key Responsibilities:
- Leadership and Management:
- Demonstrate excellent communication and leadership skills to influence a wide range of stakeholders
- Demonstrate strong initiative, project management, people skills, sound decision-making, intuitive thinking, and sensitivity to cultural diversity
- Display strong presentation and influence skills
- Technical / Operational:
- Establish and develop strong working relationships with key stakeholders
- Accurately design and execute the validation approach and ensure that validation documentation is clear, concise, supports the reviews performed, and explains decisions made during the project
- Identify and analyze risks, plan and prioritize validation tasks for on-time delivery, conduct interviews, observe operations, document and analyze processes and controls
- Exercise responsibility over the execution of assigned regulatory validation projects and/or deliverables to ensure that work is performed promptly and accurately
- Develop and show an understanding of the business risks, controls, and processes, along with an understanding of relevant laws, regulatory rules, and knowledge of the impact of systems within areas reviewed
- Escalate and/or communicate with relevant stakeholders to discuss the issues raised during the validation activities and agree on a path forward for resolution
- Requirements:
- A college or university degree
- Prior experience in financial services, with proven experience in testing in a financial institution or similar consultancy experience in the financial services industry
- Superior analytical, and organizational skills
- Ability to work under pressure
- Ability to multitask and prove flexibility to change plans at short notice
- Ability to communicate effectively in both oral and written forms, with all levels of staff and management
- Preferred Skills / Experience:
- Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA or JD along with proven technical abilities in select areas (e.g., regulatory compliance, risk management, auditing)
- Experience in designing and delivering high-quality, high-value internal testing programs for large businesses or regulated environments
- Competencies:
- Ability to execute a formal validation/testing strategy that reflects the organization's risk profile, regulatory/legal requirements, and current risk trends
- Demonstrate strong initiative and people skills, sound decision-making, analytical and intuitive mind-sets, political awareness, and sensitivity to cultural diversity
- Ability to manage through critical issues and realign priorities and deliverables as needed
- Ability to manage and direct global teams across multiple, complex efforts
- Ability to form evaluative judgments based on analysis of information in complicated, unique, and dynamic situations
About Working with Us:
We are committed to creating a workplace where our employees can grow and develop their careers in a company that values excellence, integrity, and community involvement. We offer a collaborative and dynamic work environment, where our employees can make a meaningful contribution to our success.
We are an equal opportunities employer and welcome applications from diverse candidates. We are committed to providing reasonable accommodations to individuals with disabilities and encourage applicants to contact us if they require any accommodations during the application process.