Sr. Consultant, Compliance

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.

Role/ Department:

The Global Framework Compliance function of Northern Trust is looking for a talented professional to join the team, to support the Global Compliance team in maintaining Rule Maps and delivering annual Compliance Risk Assessments and Compliance Monitoring Plans that are consistently executed and maintained in step with applicable regulatory changes. This role is a unique opportunity to join a growing Compliance function.

Global Framework Compliance is part of Northern Trust’s Corporate Compliance function, which is entrusted with providing regulatory advice and assurance to senior management, boards, relevant committees, regulators and clients and ensuring Northern Trust meets its regulatory obligations at all times.

As part of the Corporate Compliance function, this role is to act as the dedicated Global Framework Compliance coordinator for Compliance partners (and other subject matter experts) globally, supporting them in creating and maintaining Rule Maps, Compliance Risk Assessments and Compliance Monitoring Plans. This role is a critical role in the team as it helps ensure that Compliance officers timely deliver Rule Maps, Compliance Risk Assessments and Compliance Monitoring Plans that meet the expectations and requirements of our auditors and regulators. This role reports to the Head of Global Framework Compliance.

The key responsibilities of the role include:

• Act as the Global Framework Compliance Coordinator on Rule Maps, Compliance Risk Assessments (CRAs) and Compliance Monitoring Plans for Compliance (and relevant Risk) officers in the North America and EMEA regions. In this capacity oversee and manage the timely delivery of entity, global practice and other practice-related Rule Maps, CRAs and Compliance Monitoring Plans.
• Provide thought leadership to support the ongoing development of the Global Compliance Framework, focusing on creating efficiencies and opportunities to automate workstreams.
• Work with Regulatory Change Oversight teams, both in First and Second Line, to identify regulatory changes that impact existing Rule Maps and pro-actively work with Rule Map owners to ensure Rule Maps are kept in step with the latest regulatory developments.
• Provide training and guidance on the Global Compliance Framework.
• Organize and chair review and sign-off sessions for Rule Maps, CRAs and Compliance Monitoring Plans, as needed.
• Monitor the timely remediation of issues stemming from CRAs and Compliance Monitoring Plans; and
• Deliver reporting on the Global Compliance Framework and related workstreams to Senior Management, Boards, Committees and Compliance Management for consideration.

Skills/ Qualifications:

• Experience in the financial services industry or related experience.
• Experience in risk management, audit, or compliance at a financial services institution.
• Strong organizational skills and an ability to manage multiple demands and changing priorities.
• Detail oriented, self-starter with solid prioritization, planning, and time management skills
• Sound judgment and an ability to make decisions quickly.
• Strong analytical skills to conduct independent research, reach conclusions, and solve problems.
• Excellent relationship management, influencing, negotiating, and interpersonal skills. Ability to work effectively with all levels of the organization and balance the needs of multiple functions. Demonstrated success working across countries, and regions. Experience working with senior management.
• Strong oral and written communication skills with an ability to convey information in a clear and concise manner that is comprehensive, accurate, and tailored to the audience
• Strong Microsoft Office skills. Experience in working with BWise or similar workflow tool is preferred.

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.

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.

Talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.