Compliance Consultant

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.

The Global Regulatory Affairs Office (GRAO) is responsible for overseeing the enhancement of our risk management and controls, remediation of regulatory and audit findings and the administration of regulatory affairs, including establishing a centralized and sustainable connection point for global regulatory communications, ensuring preparedness for examinations.

This Compliance Risk Consultant role sits within the GRAO and will provide support for the delivery of critical enterprise compliance capabilities, and implementation of the Risk Assessments, Compliance Monitoring, Metrics and Reporting necessary to execute GRAO strategy. This role will report into the Compliance Risk Manager, who sits within the Compliance Program team.

The ideal candidate will have a track record of project management, and strong compliance risk and risk management experience and working with diverse, cross-functional teams and stakeholders across organisation.

Principal Responsibilities

• Responsible for supporting definition, execution and embeddedness of the Compliance Risk Assessment, Metric and Reporting workstreams.
• Responsible for supporting definition, and delivery of the necessary metrics and reports supporting operating models to enable the effective running and management of the future state.
• Working with data and technology partners to develop and implement capabilities to enable data collection, interpretation, trend and patterns identification and analysis, and effective reporting of the compliance and legal risk.
• Collaborating with stakeholders across all lines of defence, multiple business units, and senior management to create effective and sustainable technology and data led solutions for managing compliance and legal risk.
• Support preparation for the Working Groups in support of effective design, and implementation efforts. Promoting collaboration, consistency, forward-looking and continuous improvement approach.
• Development of materials and visual aids to help present complex ideas in the most effective way to drive design discussion, and then implementation.
• Manage deliverables with a forward-looking mindset, i.e., proactively anticipate any potential issues, prevent them and/or work with management to define pragmatic contingency plans.
• Timely escalate and relentlessly pursue resolution of any roadblocks with a clear, end-to-end ownership mindset.
• Effectively share information, ensuring collaboration and joint approach to help drive One Northern Strategy i.e. enhance risk management and controls, operational excellence and use of data and technology.
• Help shape best practices, standards and toolkit and strengthen our capabilities around compliance and legal risk.
  
  

Skills / Experience

• Understanding of regulatory, compliance and risk related matters.
• Demonstrated experience in developing or supporting development of risk metrics, reports and dashboards, including using a wide range of risk intel to provide holistic and complete risk position.
• Demonstrated experience in providing strategic business insight, using metrics and data to aid business decisions. This includes use of data and tools to identify trends and development of ad-hoc dashboards / reports to present this information.
• Knowledge of the financial services industry, especially asset servicing, wealth management and banking, and the regulatory environment in which they operate including regulatory themes emerging within industry.
• Forward looking and continuous improvement mindset.
• Strong problem-solving skills, organizational skills and time management skills.
• Great skills across communication (written and verbal), facilitation, interpersonal, conflict resolution, with the ability to establish credibility and foster excellent working relationships with internal stakeholders.
• Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams ).
• Comfortable taking the initiative but also capable of recognizing complex problems and comfortable bringing questions to management.
• Demonstrated ability to build effective and lasting partnerships across organisation, in support of better decision making and ensure we are constantly managing the risk.
• Drafting – strong PowerPoint and reports drafting skills, with demonstrated ability to present information and messaging with external audience in mind.
  
  

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 [email protected].

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.