Third Party Management Process Automation, Data & Reporting, Specialist

About Northern TrustAs 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 Global Procurement Specialist, Data Governance is responsible for supporting the governance, quality, integrity, and effective management of data across the Global Procurement organization. This role will help establish and maintain data governance standards, controls, ownership, and processes to ensure procurement data is accurate, consistent, complete, and fit for business, regulatory, and management reporting purposes.Working across Procurement, Technology, Risk, Finance, and other key stakeholders, the Specialist will help strengthen the procurement data governance framework, improve data quality, and support a more disciplined, data-driven Procurement operating model.Major Duties:Data Governance & ControlsSupport the development and execution of the Global Procurement Data Governance framework, including data standards, policies, controls, ownership, and accountability.Maintain clear definitions for critical procurement data elements, including data owners, data stewards, sources, and business rules.Help establish and maintain procurement data dictionaries, taxonomies, metadata, and classification standards.Monitor compliance with established data governance requirements and identify opportunities to strengthen controls.Support governance forums and routines focused on procurement data quality, ownership, remediation, and continuous improvement.Data Quality & IntegrityMonitor procurement data for accuracy, completeness, consistency, timeliness, and integrity across systems and processes.Identify data quality issues, perform root-cause analysis, and coordinate remediation with business and technology stakeholders.Develop and maintain data quality metrics, scorecards, exception reporting, and remediation tracking.Support reconciliation and validation activities across procurement systems, reporting platforms, and downstream data consumers.Identify recurring data issues and recommend sustainable process or control improvements.Stakeholder PartnershipCollaborate with Procurement category teams, Procurement Operations, Technology, Finance, Risk, Compliance, and other data stakeholders.Promote awareness and adoption of data governance standards and data ownership responsibilities.Translate technical data issues into clear business impacts, actions, and recommendations.Support training and communications to build greater data literacy and accountability across Procurement.QualificationsBachelor’s degree in Business, Finance, Supply Chain, Data Management, Information Systems, Analytics, or a related field.Experience in data governance, data management, procurement operations, business analytics, reporting, risk/control, or a related discipline.Strong analytical and problem-solving skills with demonstrated attention to data accuracy and detail.Experience working with large datasets and identifying, analyzing, and resolving data quality issues.Strong organizational skills with the ability to manage multiple priorities and stakeholders.Excellent written and verbal communication skills.Ability to translate data and technical concepts into practical business language.Familiarity with enterprise data governance frameworks and master/reference data management concepts.Core CompetenciesData Governance & Data QualityProcurement OperationsAnalytical Problem SolvingRisk & Control MindsetProcess ImprovementAttention to DetailStakeholder ManagementCross-Functional CollaborationBusiness & Data LiteracyChange AgilitySalary Range:$114,700 - 194,900 USDSalary 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 AuthorizationApplicants 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 UsAs 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 View email address on click.appcast.io, or alternatively you can discuss your individual requirements with the recruiter you are working with. SummaryLocation: Chicago, ILType: Full time