Manager, Global Financial Controls

Founded in Chicago in 1889, Northern Trust is one of the world's leading financial institutions. We specialise in providing asset servicing solutions and asset management to both institutional and personal clients. The delivery of products and services to this client base is supported through a network of offices around the globe.

We believe our most valuable asset is our engaged, empowered & diverse workforce. As a global institution, Northern Trust is committed to building upon this diverse talent through encouraging innovative thinking and personal courage in an inclusive environment. Northern Trust's commitment to diversity & inclusion is evident in our internal initiatives for which we have won several globally recognised awards.

Role

This position leads the SOC Governance team, responsible for the System and Organization Controls Reports (ex. SOC1, SOC2) prepared and distributed to our clients, which is part of the Global Financial Control teams within the Corporate Controller's Group. This role is responsible for maintaining and enhancing the SOC Governance internal control framework for the corporation as well as developing new reports for new service offerings. This involves working with business partners across at all levels of the organization to define the scope of the SOC reports, perform risk assessment and validation of objectives, identify and document key processes and controls, analyse test exceptions and report to management.

This position provides highly visible exposure into the entire organization, interacting frequently with control owners at all management levels globally, as well as internal and external auditors.

Primary Responsibilities

Leadership and Management

• Develop strong working relationships and open communication with key business stakeholders and external audit
• Lead and mentor a small but highly efficient and high performing team
• Set clear and measurable goals and objectives for the team and individuals, ensuring performance assessments are completed in line with corporate requirements
• Share knowledge through training, mentoring or coaching others

Operational

• Assess, implement and present any required changes as a result of Statements on Standards for Attestation Engagements 18 or regulation changes to stakeholders
• Review the risks, control objectives and controls in scope for each SOC Report
• Create/update narrative and risk-control matrix documentation for significant processes including appropriate consideration of key reports and control evidence with information provided by process and control owners
• Partner and communicate with teams across business to move key SOC initiatives forward
• Identify synergies that can be leveraged for SOC Reports and SOX program
• Maintain relationships with control owners to provide guidance and training regarding SOC program and requirements
• Escalate to and work with business areas to validate and remediate identified exceptions

Qualifications

• Qualified Accountant, ideally with a big 4 accounting firm experience
• At least 7+ years of relevant SOC reporting experience is required
• Experience in financial services preferred
• Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, etc.) are preferred

Required Competencies

• Strong technical knowledge of Statements on Standards for Attestation Engagements No.18 requirements;
• Self-starter and critical thinker with attention to details that desires a high-profile position
• Strong analytical, organizational and problem-solving skills
• Ability to motivate, influence, adapt and react positively in a changing and dynamic work environment
• Ability to develop relationships with diverse groups and different levels of financial and operating personnel
• Flexibility, multi-tasking, creative thinking, and good business judgment skills are required to meet strict deadlines and manage other projects
• Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication
• Experience with information produced by entity, General Information Technology Controls (GITCs), system interface, and automated / IT dependent controls a plus
• Experience with business processes such as Custody, Hedge Fund Services, Transfer Agency, Fund Accounting, Asset Management, Risk Management Hedging, Derivatives Trading, Securities, Taxes, Compensation, and Benefits a plus.

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.

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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.

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