Hybrid Senior Consultant, First Line of Defense – RCSA Program bei Northern Trust

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.

Summary

Northern Trust is seeking a Senior Consultant to join our First Line of Defense team, where you will lead the execution of the Risk and Control Self-Assessment (RCSA) Program. This role is critical to strengthening our operational risk management framework and ensuring compliance with internal policies and regulatory expectations.

As a subject matter expert, you will guide business units in identifying, evaluating, and documenting risks and controls, while facilitating workshops and collaborating with senior stakeholders to drive strategic outcomes.

Key Responsibilities

• Lead RCSA Execution: Deliver a comprehensive and value-driven RCSA product that accurately reflects the business’s risk and control environment, ensuring alignment with enterprise risk framework, policy, and guidebook standards.

• Program Oversight: Manage key RCSA deliverables including action plans, post-effectiveness testing, and control evaluations to support timely and effective risk mitigation.

• Process Optimization: Conduct workflow analysis to identify risk exposures and drive improvements to the control environment.

• Performance Metrics: Develop and enhance Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to monitor program health and inform strategic decisions.

• Stakeholder Engagement: Build strong relationships across business units and risk partners to identify control gaps, resolve issues, and ensure timely execution of remediation plans.

• Strategic Collaboration: Partner with senior leadership, risk governance teams, and cross-functional stakeholders to align operational risk activities with broader business objectives.

• Project Leadership: Lead initiatives focused on continuous improvement, change management, and audit readiness.

Qualifications & Skills

• 5+ years of experience in financial services, with a focus on operational risk, controls, or resiliency planning.

• Hands-on experience executing and managing RCSA programs, including risk identification, control documentation, and workshop facilitation.

• Strong understanding of risk management principles, regulatory compliance, and internal controls.

• Proven ability to manage multiple priorities, make independent decisions, and deliver results with minimal supervision.

• Excellent communication skills—verbal and written—with the ability to influence and engage stakeholders at all levels.

• Analytical mindset with a proactive approach to trend identification, root cause analysis, and process improvement.

• Experience with governance frameworks, risk assessment tools, and first line of defense operations.

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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.