Audit Specialist - Data, Digital, and Enterprise

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.

A career in our Data, Digital, and Enterprise Change (DDEC) Audit team will provide you with the opportunity to work on some of the largest and most complex global transformation initiatives at Northern Trust Corporation. You will work with a team whose focus is on evaluating complex subject matter across data governance and management, digital technologies such as Artificial Intelligence, Blockchain, and large and complex programs.

Our business units and corporate functions look to us to leverage our prior experience and skillset to bring insight, best practices and help them successfully navigate their complex transformation journeys.

Our team is growing and comprises a truly international team, with a wealth of experience in data governance and management, new and emerging technology risk management, and program and project delivery and risk management. Based on our success in the organization, we are looking to expand our team's footprint and support Audit Services’ rapidly growing demand for business units and corporate functions initiatives.

As an individual contributor reporting to the Director of the DDEC Audit Team, the Data, Digital, and Enterprise Change Specialist will work as part of a team of problem solvers and intellectual thinkers helping to evaluate complex business challenges. Responsibilities include but are not limited to:

• Evaluate implementation of leading data governance and management frameworks and regulations such as Data Management Capability Assessment (DCAM), Data Management Body of Knowledge (DAMA- DMBOK), BCBS 239, and EU Data Governance Act
• Evaluate implementation of next generation data architecture pattern (Data Mesh) and data management tools such as Collibra
• Evaluate risks associated with AI use cases implementation including Copilot suite of products and in-house developed Retrieval
  - Augmented Generation pipelines and systems
• Evaluate risks associated with blockchain architecture and business use cases around carbon and other digital assets
• Assessing complex transformation programs as an independent auditor or leading a team with various expertise to deliver key risk related messages to senior program leaders

• At least 10 years of experience in defining and evaluating IT risk and controls
• Strong understanding of leading standards and regulations such as NIST AI RMF, ISO 42001, DCAM, DAMA- DMBOK, PMBOK, COBIT, TOGAF, DORA, EU AI Act, and FFIEC IT examination guidelines
• Extensive experience in program management and/or assurance of large transformation programs and projects. Highly competent in implementing and/or performing project assessments, program gateway reviews, and risk-based quality assurance reviews
• Deep understanding of core project management process areas (including IT governance, quality assurance, and SDLC), project management software/tools, and ERP and/or financial services specific applications. Experience with Agile, Scaled Agile, and Dev Ops practices is required
• Strong understanding of data governance and management concepts, and leading practices. Experience in evaluating data governance and management models at financial services is preferred
• Ability to quickly understand new and emerging technology, related use cases, and articulate risks associated with these technologies is a must
• Exceptional commitment to providing excellent service, by building and maintaining productive relationships with Audit Services teams, Business Units and Corporate Functions
• Advanced analytical, problem solving and multitasking, and project management skills Ability to…