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. Role/ Department Northern Trust has an established Compliance team in Ireland, with partners based in our Limerick and Dublin offices. The Ireland team is part of the International Compliance team of the Northern Trust Group and works closely with regional and global compliance partners. Clear goals, open communication, promoting collaborative working, empowering team members and an enjoyable working environment are features of how we strive to operate. The role is the Head of Compliance (PCF-12) for our third party management company service, Northern Trust Fund Services (Ireland) Limited ("NTFSIL"):. The successful candidate will work with the Ireland Compliance team and other compliance partners based in locations across the globe. This role reports to the International Chief Compliance Officer in the UK, the NTFSIL Board of Directors and is subject to the approval of the Central Bank of Ireland ("CBI"). Key Responsibilities Execute the day-to-day PCF-12 (Head of Compliance) responsibilities for the regulated third party management company services business, NTFSIL: Work alongside, and in partnership with, the Designated Person for Regulatory Compliance Support the relationship with the CBI and serve as the primary point of contact for corporate compliance matters Maintain and embed a comprehensive compliance framework for NTFSIL, leveraging (where practical) the Northern Trust Group compliance framework. This includes the areas of Compliance Risk Assessment, Monitoring and Testing, Regulatory Change, Compliance Policies and Management Reporting. Deliver the annual Compliance Programme of work for the legal entity with the Designated Person for Regulatory Compliance Have a full understanding of the NTFSIL strategy, business operations, regulatory landscape relating to regulated financial services entities and industry trends. Act as subject matter expert on the regulations impacting Northern Trust as a regulated financial services entity in Ireland. Work closely with the NTFSIL Board of Directors and Senior Management team, including attendance at quarterly board meetings Act as trusted advisor, providing constructive engagement and challenge on core activities and advising on group-wide compliance initiatives impacting the legal entity. Assisting the Ireland Compliance team with other aspects of the Northern Trust compliance framework Skills and Experience Extensive compliance, regulatory or risk experience, with the ideal candidate having worked within an international financial services firm and having a strong knowledge of how fund service providers operate. Experience in managing the relationship with the Central Bank of Ireland or other regulator. Successful track record in delivering a compliance program for a regulated entity. Strong emotional intelligence, collaboration skills and ability to influence senior stakeholders with impact. Able to think strategically, navigate and communicate effectively across a complex organisation. Highly motivated and resilient. Excellent verbal and written communications skills, with strong attention to detail. Confident in making decisions and addressing conflict. Able to operate with a limited level of direct supervision. Commitment to developing team members and continuously looking to improving how we work. 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 . 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.