Jobs › Northern Trust

Risk, Business Process Specialist

Northern Trust · Chicago, IL · $114,700–$194,900 a year · Full time

Posted Jul 30, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a project where you helped a business team understand a technical change.

What they are checking: Ability to support risk partners with technical understanding, which the role names directly.

Describe a time you reported project status that wasn't good news.

What they are checking: Honest, clear management reporting that surfaces problems early enough to act.

What would you do

UAT finds a serious defect a week before go-live. What do you do?

What they are checking: Judgment on escalation, impact assessment and go or no-go recommendations under pressure.

Business testers aren't finishing their test scripts on time. How do you handle it?

What they are checking: Ability to keep busy stakeholders engaged and testing on schedule without authority over them.

About the work

Walk me through how you'd plan and run user acceptance testing for a risk technology project.

What they are checking: Practical UAT skills covering test planning, execution, defect tracking and sign-off.

How do you write test cases that business users can execute and that truly prove requirements are met?

What they are checking: Ability to link test cases to requirements in a way non-technical testers can follow.

How do you keep project documents like scope and requirements current as a project evolves?

What they are checking: Discipline in maintaining deliverables to defined project standards throughout the lifecycle.

How would you prepare training for users of a new risk system?

What they are checking: Practical change management that helps users adopt new tools confidently.

How do you prioritize defects when there are more than the team can fix before release?

What they are checking: Risk-based thinking about which defects matter most to the business and controls.

Why does testing matter more for risk management systems than for many other applications?

What they are checking: Awareness that errors in risk systems can mislead decisions and create regulatory problems.

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The full job description

As published by Northern Trust.

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. As a part of Risk Management’s project management team, support key strategic technology and business initiatives. The key responsibilities of the role include: • Work with Risk and Technology partners to create and maintain key project deliverables (e.g. scope document, requirements, test cases) in accordance with Paragon standards • Support Risk partners with technical understanding during project lifecycle • Manage user acceptance testing efforts including planning, execution, communication, defect/issue documentation, and management reporting • Assist with documenting and conducting user training and change management transitions to the new systems • Assist in RFP vendor selection processes, as needed • Contribute to business unit control activities, including analytics, issue management and testing The successful candidate will benefit from having: • 10+ years business analysis experience supporting large scale technology and business process projects (waterfall and agile) • Excellent written and oral communication skills • Strong organizational skills with attention to detail • Knowledgeable in process redesign, control and change management best practices • Problem solving and analytical skills #LI-LK2, #LI-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. 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 MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.

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