Six Figure Work

Specialist, Business Unit Control - Investment Practice

Northern Trust

Company websitenortherntrust.com (Northern Trust, opens in new tab)

Base salary $114,700  to $194,900

Employer-published annual base salary, USD. Advertised base range in Chicago, IL

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  • LocationChicago, IL
  • WorkplaceWorkplace not stated
  • Status at last checkSource accepting applications when checked
  • Last checked (1 h ago) · observed since

About this job

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.



The key responsibilities of the role include:


  • Advise and assist control leadership on implementing the control framework and ensure adherence to maintaining the control processes in accordance with the highest standards and best practices.
  • Conduct process Risk Assessments for your practice area(s). Ensure proper preventative and detective controls are in place for the practice functions assessed and prepare recommendations to strengthen control weaknesses.
  • Support the risk-based control test plan to identify excessive risk and/or control issues at an early stage. Report process test findings to control management, (via the agreed Control Testing report template).
  • Support manager with planning and execution of the thematic reviews required to provide assurance to business leadership of control effectiveness surrounding internal processes, procedures, and client specific servicing deliverables.
  • Ensure that current policies and procedures are in place for relative practice area(s). Confirm that procedures are in compliance with organizational standards and regulatory requirements. Assists in the communication and implementation of corporate policies within the business unit. • Communicate findings and enhancement recommendations (verbally and in writing) with control management.
  • Support key Control programs such as the Audit Remediation, ASL, ATP Standards etc. Including the definition of the methodology, the execution of the programs, and to ensure the implementation and tracking of agreed actions.
  • Foster and promote Northern Trust’s commitment to a strong risk management culture by developing a control mindset within the business.

The successful candidate will benefit from having:


  • Professional with extensive business experience, multi-disciplinary functional experience with a focus on proactive activities within the Global Control group.
  • Knowledge of the firm and industry.
  • Ability to explain difficult or sensitive information; works to build consensus. • Strong communication skills, verbal and written.
  • Attention to detail. Experience :
  • College or University degree is preferred.
  • 7+ years of Risk & Control experience required.
  • Financial services experience.

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.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


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.


Source: Northern Trust on Workday · View original posting (opens in new tab)

Pay in context

This role's base floor ($114,700) is above 29% of the 218 Business Operations roles in Illinois listed on this site; 7 others list the same floor. Their median floor is $125,000; the middle half runs from $111,250 to $150,000.

Only jobs on this site count, and each one publishes a base salary of $100,000 or more, so this compares six-figure jobs with each other, not with the whole market. Computed Nov 8, 2026.

This range next to 6 other live Northern Trust roles with the nearest advertised base floor
Chart as a table
This range next to 6 other live Northern Trust roles with the nearest advertised base floor
RolePublished base
Specialist, Business Unit Control - Investment Practice (this listing)$114,700 - $194,900
Director of Advisor Education Program Marketing Strategy$114,700 - $194,900
Change Management, Specialist$114,700 - $194,900
Audit Specialist -Asset Servicing and Operations$114,700 - $194,900
Specialist, Business Strategy$114,700 - $194,900
Regulatory Change Assurance Specialist$114,700 - $194,900
Specialist, BU Control$114,700 - $194,900

Same $100K to $400K scale as every card. All Northern Trust roles · How to read the bar

Observed changes

  1. First observed on the employer's board
  2. Began meeting the published-salary criteria
Observed since
Employer-stated posting date
2026-11-04
Where this pay comes from

Location as the employer wrote it: Chicago, IL

$114,700 - 194,900 USD

Method
Employer text, read with fixed rules and re-verified
Checked
Rule set
us-base-v2

The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.

What we verified

  • The pay figures come from the employer's own listing, quoted exactly above.
  • The pay is an annual base salary in US dollars with a minimum of at least $100,000.
  • The role was publicly listed on the employer's job board when last checked.

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