Associate Consultant, Compliance TCOE
About Northern Trust
As 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.
Role Summary:
Responsible for overseeing the review, interpretation, and dissemination of current and proposed laws and regulations. Provides consultation and advice topartners regarding Compliance risk avoidance. Establishes business development strategies to minimize risk and assure compliance with applicable lawsand regulation.
Principal Responsibilities
Review and interpret laws and regulations for the purpose of developing appropriate testing plans
Independently establish the appropriate scope and test steps for individual reviews
Conduct and document testing reviews to assess compliance with and adherence to regulations/legislation and internal policies
Engage with Compliance SMEs to understand any matters for concern related to applicable reviews
Follow established policies, procedures and standards for testing activities
Apply analytical skills to review information and determine potential weaknesses or exceptions to policies / processes
Validate and summarize testing results in clear, concise language
Detect and advise Compliance and Business Unit management of potential compliance issues and identify changes and/or enhancements to improveefficiencies in procedures
Track identified issues to closure via periodic follow up with action owners
Validation testing to ensure actions have been adequately closed
Develop relationships with Internal Audit to coordinate testing efforts and share results.
Conduct meetings with business unit partners and management to discuss testing results and where applicable challenge management responses
Support the Regional Manager with ad hoc tasks
Work effectively as an individual contributor as well as in a team environment
Develop strong relationships with the first, second and third lines of defense
May mentor junior level employees and review the work of others
Skills/Experience
5-10 years related to compliance, compliance testing/monitoring or auditing
Educated to graduate (or equivalent)
Relevant certifications or advanced degree a plus
Knowledge of regulations and key regulatory developments would be an advantage
Highly motivated individual who has a proven record of using initiative to resolve problems
Analytical ability to identify and understand problems as well as to provide effective solutions
Excellent written and oral communication skills
Attention to detail
Confidence and expertise to advise and challenge senior management and the business
Ability to make decisions on their own and also to be a team player and effective communicator to ensure that issues are appropriately resolved
Ability to deal effectively with multiple competing deadlines
Working with Us
As 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 MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Our Manila Office
The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 - driving meaningful impact and sustainable growth. Learn more.