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Chicago, Illinois, United States
Hybrid
Not Available
About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Sr. Lead, IT Risk and Controls – KRI Development, Metrics & Automation
Continue to learn, grow and evolve
No matter what greater means to you, we can help you find it. We believe in empowering our partners with the resources, support and opportunities to achieve greater and reach their full potential. A strong focus on individual career development and growth is just one way we help you reach your goals.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to strengthening the communities in which we live and work.
Major Duties:
1. KRI strategy and development: Lead the design, refinement, and implementation of Key Risk Indicators (KRIs) that provide meaningful insight into technology risk, control health, emerging trends, and management action priorities. Partner with risk, control, technology, and business stakeholders to define KRI methodology, thresholds, escalation criteria, and reporting standards.
2. Metrics, analytics, and executive reporting: Develop and maintain risk metrics, dashboards, and recurring reporting that enable senior management to monitor risk exposure, control performance, issue trends, and remediation effectiveness. Translate complex data into clear insights, themes, and actionable recommendations.
3. Automation and process improvement: Identify opportunities to automate manual reporting, data aggregation, KRI refreshes, workflow handoffs, and control-monitoring activities using tools such as Power BI, Power Automate, SQL, Python, SharePoint, or similar platforms. Build or guide sustainable automation solutions that improve accuracy, timeliness, scalability, and repeatability.
4. Data governance and quality: Establish and maintain data definitions, lineage, documentation, and quality checks supporting KRIs and risk reporting. Work with data owners and stakeholders to improve completeness, accuracy, consistency, and usability of risk and control data.
5. Stakeholder engagement and leadership: Serve as a senior subject matter resource for KRI development, risk analytics, and automation-enabled reporting. Facilitate discussions with cross-functional teams, influence alignment on metrics and thresholds, and provide guidance to less experienced team members.
6. Industry awareness and innovation: Stay current with technology risk management practices, control frameworks, analytics techniques, and automation capabilities. Recommend enhancements that strengthen risk monitoring, improve decision-making, and reduce manual effort across the function.
Requirements:
Salary Range:
$95,600 - 162,400 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including 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, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.