Job Description

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.

REGULATORY RISK MANAGEMENT SPECIALIST

Role:

The role supports the EMEA/APAC/NA senior leaders to identify and oversee areas of regulatory change and remediation, working alongside other Regulatory Risk Management Specialists to ensure alignment on implementation and regulatory sustainability in BAU. This role will also support the reporting of regulatory risk management readiness and areas of potential risk to senior business leaders.

Department:

The Regulatory Risk Management team is responsible for the governing frameworks and accountability models that are in place to assess and understand current regulatory obligations, mitigate regulatory risk, and enable compliance with new and existing regulations. The team focuses on the development, adoption and oversight of activities, framework and accountability models related to the management of regulatory risk across the business and supports this mandate across four key pillars:

• Regulatory Framework & Governance
• Regulatory Change Oversight
• Regulatory Risk Management
• Regulatory Strategy & Sustainability

The key responsibilities of the role include:

Actively support the embeddedness of the regulatory change framework and relevant regulatory accountability models across the business.
Partner with relevant regulatory stakeholders within the business and across all Lines of Defense to understand the applicability of the regulatory landscape, understand how regulatory risk is managed and support requirements to adhere to applicable regulations.
Collaborate with operational leaders to quickly identify and create effective and sustainable solutions for resolving regulatory risk issues.
Contribute to the production and review of appropriate Regulatory Risk Management metrics, ensuring their accuracy and relevance in supporting the Regulatory Risk Management strategy.
Identify, validate and oversee remediation of "hotspot" areas of regulatory risk impacting Asset Servicing as a result of assurance findings and issues consequent to regulatory change implementations.
Contribute to the wider Regulatory Risk Management team and communication to business stakeholders.
Advise on opportunities identified to enhance the effectiveness and efficiencies in processes underlying the RCF
Assists management in achieving Company's strategic goals.

Skills / Experience:

Previous experience in a regulatory or compliance environment
Strong analytical skills, able to present and interpret data to 'tell the story'
Ability to connect the dots across functional lines and think out of the box
Ability to identify problems, develop and communicate solutions
Able to manage the detail and drive execution while maintaining a strategic view
Deliver results to tight deadlines
Excellent communication skills (both written and oral) to interact and manage expectations with senior level audiences, stakeholders and management
A strong and proven ability to analyze, break down and explain complex issues in non-technical language
Highly flexible and adaptable to change, with a positive attitude and vision to continually enhance / strengthen current status quo
Demonstrable ability to influence and persuade others (e.g. peers, partners, senior management and external parties) to implement change, strategy and decision making in a diverse and matrix environment

#LI-MG1

#Hybrid

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 MyHRH[redacted].

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 Northern Trust

Learn More About Northern Trust

Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, and fiduciary and banking solutions to corporations, institutions, and affluent individuals. They have evolved with the changing needs of their clients and their world.

Northern Trust Careers

Joining Northern Trust means becoming part of a global financial services institution that is dedicated to providing expert guidance and innovative solutions to its clients. At Northern Trust, we pride ourselves on fostering a culture of leadership, diversity, and innovation, which makes us a premier destination for career growth in the financial industry.

Work You’ll Do

At Northern Trust, you will collaborate with some of the most talented professionals in the financial sector. Our team is committed to excellence and equipped with a diverse range of skills that contribute to our dynamic environment. Here, you will have the opportunity to lead projects that transform our services and drive significant value for our clients across the globe.

Explore Job Opportunities and Internships

Whether you are starting your career or looking to make a significant impact in the financial industry, Northern Trust offers a variety of job opportunities and internships that will help you achieve your professional goals. From entry-level positions to leadership roles, our company is actively hiring individuals who are passionate, curious, and driven to excel.

Innovative Work

Northern Trust is at the forefront of financial innovation. Our employees are encouraged to think creatively and leverage cutting-edge technologies to solve complex problems. By joining our team, you will work on pioneering solutions that redefine the standards of financial services.

Be Part of a Great Team

Our team at Northern Trust is more than just a group of employees – we are a community. We value collaboration, and our culture is built on mutual respect and a commitment to diversity and inclusion. Working with us, you will experience a supportive network that is passionate about sharing knowledge and ideas.

Future-Proof Your Career

Northern Trust is dedicated to your professional development. We offer comprehensive benefits, diversity training, and numerous resources to help you grow your career. With our support, you can expand your skills, gain valuable experience, and achieve professional certifications that will enhance your career trajectory.

Stay Connected

Join Our Team

Discover the perfect role for you at Northern Trust by exploring our current job openings that match your skills and interests. We are looking for professionals who are solution-driven and eager to contribute to our legacy of financial excellence.

Keep Up to Date

Stay informed with the latest career tips, industry insights, and professional growth opportunities—all available through our careers blog. At Northern Trust, we ensure that our team members are always ahead in the industry.

Job Alert Emails

Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. At Northern Trust, exciting and rewarding opportunities are always on the horizon, and we are eager to see where your talents can take us.

Join Northern Trust today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Here, every position is a chance to contribute to something bigger and to turn your job into a meaningful career.

Total value of jobs:

$262,192,092

Total Jobs:

491

Average Pay:

$139,020

% Masters:

44%

* Ladders Estimates