NT
Consultant - 1LoD Finance Control Testing - Pune/Bangalore
full-time•pune
About this 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.
We are seeking a Consultant to join our newly established Centralized 1LoD Control Testing function (1LoD Testing). This 1LOD Testing team aims to standardize and enhance our control testing practices across all Business Units and Corporate Functions. As a key member of this team, you will play a pivotal role in supporting risk management activities across the organization. This includes the opportunity to be immersed across multiple operational and compliance areas, with opportunities to specialize in specific areas of interest.
This role will operate under general supervision; however, will primarily work independently to actively execute control test plans. Regular activities include a risk-based control review, effective test execution, and an in-depth analysis of control test results to identify key trends and solutions.
Major Duties:
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 & Experience:
Graduation or above
6+ years of risk and control experience, control testing.
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
Shift Timings: EMEA - 3:30PM to 12:30AM IST
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 [email protected].
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.
About Our Pune Office
The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.
Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.
What you'll do
- The Consultant will actively execute control test plans, including risk-based control reviews, effective test execution, and in-depth analysis of results to identify trends and solutions. Major duties involve executing controls testing, ensuring proper documentation according to methodology, drafting reports, and escalating potential deficiencies.
About Northern Trust
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives.
Entrusted with $1.2 trillion in assets under management as of March 31, 2024, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management in an effort to craft innovative and efficient solutions that seek to deliver targeted investment outcomes.
As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.
Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
© 2024 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A.
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Frequently Asked Questions
What does a Consultant - 1LoD Finance Control Testing - Pune/Bangalore do at Northern Trust?
As a Consultant - 1LoD Finance Control Testing - Pune/Bangalore at Northern Trust, you will: the Consultant will actively execute control test plans, including risk-based control reviews, effective test execution, and in-depth analysis of results to identify trends and solutions. Major duties involve executing controls testing, ensuring proper documentation according to methodology, drafting reports, and escalating potential deficiencies..
Is the Consultant - 1LoD Finance Control Testing - Pune/Bangalore position at Northern Trust remote?
The Consultant - 1LoD Finance Control Testing - Pune/Bangalore position at Northern Trust is based in pune, Maharashtra, India. Contact the company through Clera for specific work arrangement details.
How do I apply for the Consultant - 1LoD Finance Control Testing - Pune/Bangalore position at Northern Trust?
You can apply for the Consultant - 1LoD Finance Control Testing - Pune/Bangalore position at Northern Trustdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.