Senior Consultant

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.

Senior Consultant, BU control, Integrated Portfolio Services (IPS)

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.

Location: India (Bangalore)

Role Summary

The Senior Consultant – Business Unit Controls will strengthen the operational risk and control environment across the Integrated Portfolio Services (IPS) business by partnering with Operations, Risk, Compliance, Technology, Audit, and business leaders to identify, assess, monitor, and mitigate risk. The role leads RCSA, control testing, incident and issue management, audit remediation, resiliency, and reporting while promoting strong governance and continuous improvement across global teams.

Key Responsibilities:

Risk & Control Management

* Lead execution of the IPS Business Unit Control framework.
* Identify, assess, monitor, and report operational risks.
* Drive control enhancements through gap analysis, root cause analysis, and corrective and preventive actions.

Risk & Control Self-Assessment (RCSA)

* Facilitate RCSA workshops and partner with stakeholders to identify and assess operational, regulatory, financial, and reputational risks.
* Ensure risks are documented, challenged, reviewed, and escalated as needed.
* Present key themes and emerging issues to senior leadership.

Control Testing & Monitoring

* Design and execute risk-based control testing.
* Use data analytics and reporting tools to improve testing automation.
* Track control effectiveness, remediation, and KRIs/KCIs through dashboards.

Governance, Audit & Regulatory Support

* Support Internal Audit, External Audit, regulatory reviews, and risk assessments.
* Coordinate audit remediation and closure of action plans.
* Maintain governance documentation and support control programs including ASL, architecture and technology standards, data governance, operational resiliency, and BCP.

Incident & Issue Management

* Lead incident reviews and issue management, including investigations, root cause analysis, corrective actions, and lessons learned.
* Document, approve, and monitor risk acceptance decisions.

Reporting & Analytics

* Prepare executive dashboards and governance reports.
* Produce weekly and monthly reporting on risk metrics, control testing, audit status, incident trends, action plans, and emerging risks.
* Use Power BI and data visualization tools to improve reporting efficiency.

Stakeholder Management

* Partner with Operations, Compliance, Enterprise Risk, Technology, Information Security, Legal, and Internal Audit.
* Represent IPS Business Unit Controls in governance forums, working groups, and regional committees.
* Influence stakeholders across regions to strengthen the control environment.

Required Qualifications

* Bachelor’s Degree required.
* Professional certifications such as CRISC, CISA, CIA, PMP, Lean Six Sigma, or Operational Risk certifications will be added advantage .
* 10+ years of experience in Operational Risk, Business Controls, Risk Management, Internal Audit, Compliance, or Financial Services Operations.
* Experience working within Investment Operations, Asset Servicing, Custody, Fund Administration, or Capital Markets is highly preferred.

Knowledge :

* Strong understanding of Operational Risk Management frameworks.
* Experience facilitating Risk & Control Self-Assessments (RCSA).
* Knowledge of operational resiliency, business continuity, incident management, and governance frameworks.
* Experience supporting Internal Audit, External Audit, and regulatory examinations.
* Strong understanding of control testing methodologies and issue remediation.
* Experience developing management information (MI), dashboards, and executive reporting.
* Advanced Microsoft Excel, PowerPoint, and Power BI skills.
* Familiarity with SharePoint, Power Platform, ServiceNow, Archer, or GRC platforms is preferred.
* Excellent analytical, organizational, and problem-solving skills.
* Strong verbal and written communication with the ability to influence senior stakeholders.
* Ability to manage multiple priorities in a fast-paced global environment.


Experience :

• 10+ years of experience in Operational Risk, Controls, Audit, or Financial Services operations.

• Demonstrated experience leading control programs

• Proven ability to manage competing priorities while delivering high-quality outcomes independently.

Eligibility - Internal Partners

• 24 months as a Consultant to move as a Senior 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 [email protected], 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.