Compliance, Sr Consultant
Northern Trust · Manila, Philippines · 2mo ago
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.
Major Duties:
Supports the administration and ongoing execution of the GCT-RCV program, including review planning, tracking, reporting, and coordination of program deliverables.
Maintains andmonitorsthe RCV review inventory, reviewschedule,and related program documentation.
Coordinates and communicates upcoming validation reviews to key stakeholders and supports distribution of validation results and reports.
Assistsmanagement with reporting metrics, dashboards, and program updates.
Reviews and interprets laws, regulations, regulatory change information, and internal policies/procedures for the purpose of developingappropriate validationapproaches and testing plans.
Develops testing scope and procedures tovalidatecompliance with new or changed regulatory requirements.
Executes regulatory change validation reviews to assess whether implementation activities meet applicable regulatory requirements and internal compliance expectations.
Identifies, documents, and escalates to GCT-RCVmanagementany regulatory compliance risk or potential issues associated with completed reviews.
Prepares clear and well-supported reports detailing the results of validation testing performed, including observations, conclusions, and recommendations when applicable.
Serves as a direct liaison with Business Unit Managers, Risk and Compliance Partners, and other stakeholders throughout the validation review lifecycle.
Supports quality, consistency, andtimelycompletion of RCV deliverables by coordinating review documentation, follow-ups, and stakeholder communications.
Delivers a work product that requires less revision anddemonstratessound judgment, attention to detail, and strong understanding of regulatory compliance expectations.
Participates in all applicable training andmaintainsknowledge of relevant regulatory requirements, compliance standards, and internal procedures.
Provides guidance, mentoring, and training to junior team members, asappropriate, to support knowledge sharing, consistency, and effective execution of RCV activities.
Knowledge/Skills:
Excellent oral and written communication skills arerequired.
Strong analytical and problem-solving skills arerequiredto analyze regulatory requirements, summarize information, and support well-reasoned conclusions.
Functional and industry knowledge isrequired, including knowledge of compliance testing, regulatory change management, and/or regulatoryimplementation ofvalidation activities.
Knowledge of applicable laws, regulations, and internal compliance policies/procedures is preferred.
Strong organizational skills are needed to manage multiple reviews, program administration activities, deadlines, and stakeholder communications.
Ability to work independently, exercise sound judgment, and manage competing priorities with minimal supervision.
Technical skills and systems knowledge are preferred, including Microsoft Office applications and reporting/dashboard tools such as Power BI.
Strong interpersonal skills arerequiredto partner effectively with Business Unit Managers, Risk and Compliance Partners, and other stakeholders.
Ability toidentifyrisks, escalate issues appropriately, and recommend practical process improvements.
Experience Required:
10+years of relevant compliance, risk, audit, regulatory change management, compliance testing, or related financial services experience.
Experience reviewing and interpreting laws, regulations, policies, procedures, and related compliance requirements.
Experience developing testing scopes, executing testing procedures, documenting results, and preparing written reports or summaries.
Experience supporting program administration, reporting metrics, tracking deliverables, or coordinating cross-functional activities is preferred.
Strong analytical, interpersonal, verbal, and written communication skills arerequiredto analyze and summarize information.
Ability to work independently, manage deadlines, and deliver high-quality workproducts.
College or University degree.
Shift:
4pm – 1am, Mon - Fri
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.