Job Description
Support the Global Compliance Ireland team in ensuring regulatory compliance with the firm's obligations.
Develop and maintain a Compliance Risk Assessment framework, coordinate reporting, and participate in projects to meet Irish business and regulatory needs.
About Northern Trust
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.
Job Description
The role is in the second line of defence and will have primary responsibility for supporting Compliance Risk Assessment and Compliance Monitoring activities, as well as other activities of the team.
The role will report to the Sr Compliance Consultant, Vice President, in Dublin and will work closely with all members of the Ireland Compliance team and Ireland Senior Management, as well as regional/global compliance team members.
Key Responsibilities
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Compliance Risk Assessment:
- 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 appropriate reporting at various governance committees, including the firm's Board and Risk Committee.
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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 to address NT's compliance with its regulatory obligations.
- Produce timely, accurate, concise, and high-quality reports.
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Other:
- Develop a strong understanding of the fund administration and depositary entities' operations, products/services, systems, and associated risks/controls.
- Take responsibility to complete/perform other tasks contained within the overall Compliance Programme, as required.
Requirements
- Highly motivated individual, self-starter, and team player.
- Compliance monitoring, Audit, Risk, or Control experience and/or experience of providing advisory support to business areas; OR related skills, such as operations, process improvement, risk management, and control, with a desire to formally progress a compliance career.
- Ability to convey complex concepts or large amounts of data, in a clear and concise manner to diverse and senior audiences (verbal and written).
- Proven and strong learning agility with a keen desire to support the learning of others.
- Can operate within strict reporting deadlines while balancing multiple, competing priorities.
- Influencing and conflict resolution skills.
- Capable of making decisions, applies sound judgement, and knows how/when to escalate.