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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:
EMEA Compliance Testing (ECT) is a functional team within Northern Trust’s Global Compliance Assurance Framework. The team reports locally to the EMEA Compliance Testing Regional Manager.
ECT testing consists of risk-based, point-in-time assessment or validation to determine regulatory compliance, and ranges from focused reviews of specific regulatory requirements for a segment of a business to enterprise-wide reviews. This role involves working with the EMEA Compliance Testing Regional Manager and EMEA Compliance Testing partners to complete and report on specific Guernsey related ECT reviews.
The successful candidate will be responsible for execution of the testing program. The candidate will be responsible for independently planning and executing of specific reviews, identifying issues and underlying root-cause analysis, agreeing solutions and communicating findings effectively, both orally and in writing. There will be a requirement to travel on a as needs basis.
The key responsibilities of the role include:
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 SME’s to understand any matters for concern related to applicable reviews
Follow established EMEA and Global policies, procedures and standards for testing activities
Apply analytical skills to review information and determine potential weaknesses or exceptions to policies / processes
Validate and summarise 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 improve efficiencies in procedures
Tracking of 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 defence
Skills/ Qualifications:
Proven experience related to compliance, compliance testing/monitoring or auditing
Knowledge of Guernsey and/or EU 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
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, 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.
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