Northern Trust

3 weeks ago

AI Risk & Controls Lead

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 9 hours agoStatus: Live

Job Summary

Establish and operationalize first-line-of-defense (1LOD) controls for AI across the enterprise. Define AI control frameworks, embed controls throughout the AI lifecycle, and partner with Risk, Compliance, and Audit to ensure regulatory, risk, and audit readiness. Oversee AI model inventory and governance, maintain audit-ready evidence, and deliver risk metrics, dashboards, and reporting while advising AI delivery teams on control requirements and responsible AI practices.

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Legal, Risk & Compliance

Seniority: Manager level

Key Responsibilities

•Define and implement AI control frameworks aligned to enterprise risk standards.
•Embed 1LOD controls across the AI lifecycle and ensure alignment with enterprise policies by partnering with Risk, Compliance, and Audit.
•Oversee AI model inventory, classification, and lifecycle management, including enforcing model governance standards and traceability requirements.
•Own AI documentation standards and maintain audit-ready evidence repositories to support internal audit, regulatory inspection, and model validation.
•Define and track AI control metrics and compliance indicators, and provide risk dashboards and reporting to leadership while supporting audits and remediation.

Pay and Benefits

Salary: USD 137,400 - 233,600

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisability

Key Requirements

•Deep experience in AI governance, AI audit, and model risk management within a 1LOD controls approach.
•Ability to design and operationalize AI controls across the AI lifecycle (design, build, deploy, monitor).
•Strong experience with AI model lifecycle management and documentation practices, including traceability of models, datasets, and decision logic.
•Experience using model inventories, usage tracking, and AI control frameworks, along with audit readiness and regulatory expectations.
•Experience partnering with Risk, Compliance, and Audit to ensure alignment with enterprise policies and practical control execution.

Experience:Financial servicesRegulated environment

Skills:PartnershipAdvisoryGovernanceRisk managementDocumentation readiness

Tech Stack:AIAI/MLAI governanceAI model inventoryCoPilotDigital Co-WorkerACEEU AI ActSR 11-7

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

3 weeks ago

AI Risk & Controls Lead

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 9 hours agoStatus: Live

Job Summary

Location: Chicago

Workplace: Onsite

Employment Type: Full time

Job Function: Legal, Risk & Compliance

Seniority: Manager level

Key Responsibilities

•Define and implement AI control frameworks aligned to enterprise risk standards.
•Embed 1LOD controls across the AI lifecycle and ensure alignment with enterprise policies by partnering with Risk, Compliance, and Audit.
•Oversee AI model inventory, classification, and lifecycle management, including enforcing model governance standards and traceability requirements.
•Own AI documentation standards and maintain audit-ready evidence repositories to support internal audit, regulatory inspection, and model validation.
•Define and track AI control metrics and compliance indicators, and provide risk dashboards and reporting to leadership while supporting audits and remediation.

Pay and Benefits

Salary: USD 137,400 - 233,600

Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisability

Key Requirements

•Deep experience in AI governance, AI audit, and model risk management within a 1LOD controls approach.
•Ability to design and operationalize AI controls across the AI lifecycle (design, build, deploy, monitor).
•Strong experience with AI model lifecycle management and documentation practices, including traceability of models, datasets, and decision logic.
•Experience using model inventories, usage tracking, and AI control frameworks, along with audit readiness and regulatory expectations.
•Experience partnering with Risk, Compliance, and Audit to ensure alignment with enterprise policies and practical control execution.

Experience:Financial servicesRegulated environment

Skills:PartnershipAdvisoryGovernanceRisk managementDocumentation readiness

Tech Stack:AIAI/MLAI governanceAI model inventoryCoPilotDigital Co-WorkerACEEU AI ActSR 11-7

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn