Job Description
Compliance Risk Assessment and Monitoring Specialist
Northern Trust is a globally recognized financial institution with over 130 years of experience, serving the world's most sophisticated clients using leading technology and exceptional service.
The company has an established Global Compliance Ireland team, with partners based in Dublin and Limerick offices, operating with clear goals, open communication, and a collaborative working environment.
This role is part of the second line of defense, supporting Compliance Risk Assessment and Monitoring programs, and will report to the Sr Compliance Consultant, Vice President, in Dublin.
Compliance experience is not a pre-requisite, and applications are welcome from highly motivated individuals with related skills, such as operations, process improvement, risk management, and control.
Key Responsibilities:
- Develop and maintain a Compliance Risk Assessment framework in line with NT policies/standards and regulator expectations.
- Work with regional and global compliance colleagues to enable the development of global standards, knowledge transfer, and best practice.
- Coordinate reporting at various governance committees, including the firm's Board and Risk Committee.
- Develop a clear understanding of the Integrated Compliance Solution System.
Compliance Monitoring:
- Undertake assigned monitoring reviews in line with the Compliance Assurance Programme.
- Monitor and assess the adequacy and effectiveness of measures, controls, and procedures put in place by business units.
- Produce timely, accurate, concise, and high-quality reports.
Other Responsibilities:
- Develop a strong understanding of the fund administration and depositary entities' operations, products/services, systems, and associated risks/controls.
- Take responsibility for completing/performing other tasks contained within the overall Compliance Programme.
Requirements:
- Highly motivated individual, self-starter, and team player.
- Compliance monitoring, Audit, Risk, or Control experience, or related skills, such as operations, process improvement, risk management, and control.
- Ability to convey complex concepts or large amounts of data in a clear and concise manner to diverse and senior audiences.
- Proven and strong learning agility with a keen desire to support the learning of others.
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.