Principal Technology Risk and Control Specialist - AI & Cloud Risk

Principal – Technology Risk and Control- Artificial Intelligence & Cloud Risk

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.

Enterprise Framework & Governance

Evolve the enterprise AI and Cloud Risk & Control Framework, partnering with AI Architecture, Model Risk, Cyber, Data, Privacy, Resilience, and Third‑Party Risk teams to ensure consistency and regulatory defensibility.

Define enterprise‑wide risk taxonomy and tiering, aligned to use‑case criticality, autonomy, data sensitivity, customer impact, and systemic exposure.

Establish clear risk‑to‑control linkages to support consistent decisions and audit‑ready governance.

Define minimum control expectations for AI and Cloud services and act as the authoritative interpreter of AI and Cloud risk standards.

AI & Cloud Risk Assessment

Collaborate on the enterprise AI and Cloud risk assessment methodology, ensuring it is risk‑based, proportionate, repeatable, and auditable.

Partner with AI Architecture and Model Risk to assess inherent and residual risks, including model behavior, bias, explainability, data risk, security, resilience, and autonomy.

Embed risk assessment across the AI lifecycle and cloud onboarding and architecture decisions, ensuring outcomes inform risk acceptance and executive reporting.

Control Design & Effectiveness

Set expectations for AI and Cloud control design, ensuring controls are embedded by design and aligned to preventive, detective, and corrective principles.

Define standards for human oversight, monitoring, logging, explainability, and evidence.

Partner with Risk and Assurance teams to assess control effectiveness and drive remediation of systemic gaps.

Regulatory Alignment & Advisory

Ensure alignment with internal standards, model risk governance, and emerging AI regulatory expectations.

Translate regulatory requirements into practical, implementable controls for first‑line teams.

Act as a trusted risk advisor and challenger to senior Technology, Cloud, Architecture, and AI leaders, owning final risk recommendations for high‑impact initiatives.

Enablement & Maturity

Develop playbooks and guidance to scale consistent AI and Cloud risk practices.

Coach risk and technology partners to improve enterprise risk fluency.

Advance AI governance maturity, including automation and integration with modern engineering practices.

Experience & Background

15+ years of experience in Technology Risk, Cyber Risk, Model Risk, Cloud Risk, or related disciplines, with demonstrable enterprise‑level accountability.

Proven track record of designing and owning enterprise‑wide risk and control frameworks.

Deep exposure to AI systems, cloud platforms, and complex digital architectures within regulated environments.

Professional certifications such as CISSP, CCSK, CRISC, or equivalent (preferred, not mandatory).

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Our Pune Office

The Northern Trust Pune office, established in 2016, is now home to over 3,000 employees. The office handles various functions, including Operations for Asset Servicing and Wealth Management, as well as delivering critical technology solutions that support business operations across the globe.

Our Pune team takes our commitment to service to heart. In 2024, they volunteered more than 10,000+ hours into the communities where they live and work. Learn more.

Experience Level

Senior Level