IT Business Analyst

Description Northern Trust’s Global Brokerage is looking for a Password Management Business Analyst to join its team. MAJOR DUTIES • Password Policy Development and Enforcement: Develop and maintain password policies, standards, and procedures to ensure alignment with industry best practices and regulatory requirements. • Critical Account Remediation: Lead efforts to identify, analyze, and remediate critical account password issues, including password reuse, weak credentials, and leaked credentials. • Password Management Solution Design and Implementation: Design, implement, and maintain password management solutions, including password vaulting, synchronization, and rotation. • Password Sync Process Management: Develop and maintain password synchronization processes to ensure seamless integration with various systems and applications. • Password Security Monitoring and Incident Response: Monitor password-related security incidents and develop incident response plans to mitigate potential security risks. • Collaboration and Stakeholder Management: Collaborate with cross-functional teams, including IT, security, and compliance, to ensure password management solutions meet business requirements and regulatory standards. • Technical Leadership: Provide technical leadership and guidance on password management best practices, emerging trends, and new technologies. • Compliance: Monitor and assess compliance with relevant regulations, standards, and policies related to Password Management including but not limited to SOX, SOC1, SOC2, GDPR, NIST and industry-specific regulation • Audit: Coordinate and participate in regular audits and assessment of Password Management controls. Generate report and documentation to demonstrate compliance status • Metrics: Define and create key performance indicators (KPIs) and metrics to measure the effectiveness of Password Management and compliance QUALIFICATIONS • Broad understanding of identity and access management, with expert knowledge in identity governance and administration • Understanding of identity related regulatory requirements for all global regions • Experience with IAM/password management tools: SailPoint, OKTA, Ping, Hitachi Bravura • Strong aptitude to develop and maintain internal and external business relationships and to leverage those relationships in pursuit of day-to-day goals and responsibilities • Excellent consultative skills • Excellent oral and written communication skills are required • In-depth Functional / Industry Knowledge is required • Knowledge of information security, network management, operating systems, software development, database systems and information technology concepts needed to effectively manage the group • Analytical and problem solving skills are required • Leadership and organizational skills are required to develop periodic goals and to manage and motivate team members towards the goals set • A College or University degree and/or relevant proven work experience is required • Industry certification such as CISSP, CISM, CISA, SANS, etc. is desired Job Type: Contract Pay: $73.00 - $85.00 per hour Benefits: • 401(k) • Health insurance Experience: • Business analysis: 8 years (Required) • Information security: 7 years (Required) • Identity & access management: 5 years (Required) • SSO: 3 years (Preferred) • account remediation: 3 years (Preferred) Work Location: In person