10 Sep
|
Northern Trust
|
Pune
10 Sep
Northern Trust
Pune
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 cutting-edge 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.
Job Summary:
The Intercompany Arrangements (ICA) Associate Specialist is a key position within Northern Trust’s Service Level Governance and Reporting function. As an ICA Associate Specialist you need to ensure effective oversight, governance, and risk management in accordance with Northern Trust’s standards and regulatory requirements.
Major Duties
Risk Assessment & Quality Checks: Oversee timely completion of risk assessments such as IRQ,
DDQ and perform end to end quality check of the relationship across its lifecycle including IRQs and DDQs. Select risk-based samples for review and ensure logical, consistent responses. Log deficiencies, engage with the stakeholders for remediation and escalate unresolved issues.
Contracting & Inventory Management:Verify proper storage and recording of ICSAs; ensure Service Descriptions are complete and meet required standards.
Monitoring & Reporting:Conduct lifecycle monitoring of ICAs through KPIs/KRIs, Incident trigger events, Open Issues from 2LoD/3LoD or regulators. Also, ensure to log and report exceptions and breaches appropriately, and engage with stakeholders for taking necessary actions on the exceptions, escalate as required.
Program Review & Data Reconciliation: Perform annual and semi-annual reviews of registers, lists, and inventories. Reconcile databases and ensure all documentation is up to date.
Lead Projects:Identityand Lead projec
📌 Assoc Specialists/intercompany Arrangements Office Pune
🏢 Northern Trust
📍 Pune