1LOD -RCSA Consultant at Northern Trust in Bengaluru

1LOD -RCSA Consultant

Location: Bangalore, India

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.

Role/ Department:
Consultant, Risk Control Self-Assessment (RCSA) - 1LOD Risk and Resiliency
As part of the First Line of Defense, the RCSA Consultant provides support, governance and oversight for the Northern Trust Businesses in the execution of their RCSA’s. The role supports all Northern Trust business segments including Asset Servicing, Northern Trust Asset Management (NTAM), Chief Operating Officer and Corporate functions and will work with partners across all three Lines of Defense.
The candidate will have the opportunity to grow and develop their Risk and Control skills and Business Unit knowledge whilst also enhancing their internal network through the broad reach of stakeholder engagement at all seniority levels involved in the program.

The key responsibilities of the role include:
Manage the RCSA (Risk & Control Self-Assessment) program for specific business units, ensuring adherence to both the framework requirements and committed deadlines.
Coordinate with all the relevant stakeholders involved and ensure their participation in the workshops for an accurate risk and control assessment.
Extensive documentation of the risks and controls discussed in the workshops and in the system of record.
Escalate RCSA project related matter to the relevant manager.
Challenge the risk and control assessment to ensure the integrity of the assessment adheres to the program requirements.
Co-ordinate with partners in both First and Second Lines of Defense to manage issues that arise out of the RCSA or the testing to ensure timely resolution of issues.
Management reporting on all areas related to RCSA.
Proactively identify areas of improvement within the program and initiate discussion with the manager.
Project management – Contributing to the overall project by ensuring that the timelines are met.

Skills/ Qualifications:
The ideal candidate will have financial services experience.
Experience in Risk/Control/Audit.
Strong communicator who is comfortable interacting with Partners at all levels
Excellent writing skills
Ability to work on own initiative, as well as collaborate with others.
Strong organizational/planning skills
Experience of using Microsoft 365 Packages, (Outlook, Excel, PowerPoint, Visio, Power BI) and SharePoint

Experience

For internal applications - 24 months as Technical Coordinator/Associate Consultant

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.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.