Chicago, IL, USA
1 day ago
1LOD - Quality Assurance Specialist

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.  

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary

The First line of Defense, Quality Assurance Partner will support the Operational Assurance Program and is responsible for ensuring Northern Trust’s services, processes, and systems meet predefined quality standards and regulatory requirements.

The Quality Assurance Partner will play a critical Risk Management role by preventing/minimizing impact of errors, mitigating risks, and ensuring quality service delivery.

The key responsibilities of the role include:

Lead the development and execution of action plans aimed at reinforcing business processes and workflows, while also defining clear roles and responsibilities for creation, validation, tracking and closure of plans

Perform risk-based testing to assess business processes are meeting defined objectives

Monitor business risks associated with the first line of defense through metrics, reporting, data correlation, and control testing

Collaborate with risk management and business continuity / resiliency teams to align quality assurance initiatives with resilience strategies

Analyze issue and incident management reports to identify patterns and areas for improvement

Ensure risks and issues are documented, tracked, and reported in a timely manner

Lead projects with manageable risks and resource requirements

Acts as a support for colleagues with less experience

Monitor and analyze impact of new Products and Organizational change

Skills/Experience:

Several years of related experience in Quality Assurance

Expert knowledge of quality management principles and frameworks

Strong understanding of risk management industry regulations and standards that impact quality assurance practices

Strong understanding of data analytics and related quality assurance tools, software and technology to monitor and improve quality

Ability to analyze data, processes, and systems to identify areas for improvement to solve complex quality related issues

Applies knowledge of key business drivers and the factors that maximize department performance

Thorough understanding and knowledge of resiliency regulations, jurisdictional requirements and guidelines for financial services organizations

Strong collaboration and communication skills

Experience of working in rapidly changing and ambiguous work environment

Demonstrated ability to collaborate cross-functionally to achieve measurable results  

Manages related teams, sets team priorities, and allocates resources to align with business objectives  

#LI-MG1

#Hybrid

Salary Range:

$114,700 - 194,900 USD

Salary 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.

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.

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 MyHRHelp@ntrs.com.

 
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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