Regulatory Risk Specialist

Regulatory Risk Management Role

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

The role supports the North American Head of Regulatory Risk Management in the identification and oversight of areas of regulatory change and remediation, working alongside other 1st and 2nd LoD, Business, Legal and Compliance teams to ensure alignment on implementation and regulatory sustainability in BAU. This role will also support the reporting of regulatory risk management readiness to senior business leaders.

The key responsibilities of the role include :

• Actively lead and support the embeddedness of the regulatory change and relevant regulatory accountability across the business.
• Partner with relevant regulatory stakeholders within the business and across all Lines of Defense to understand the applicability of the regulatory landscape, understand how regulatory risk is managed and ensure adherence to all applicable regulations.
• Collaborate with Business and operational leaders to quickly identify and create effective and sustainable solutions for resolving regulatory risk issues.
• Contribute to the production and review of appropriate Regulatory Risk Management metrics, ensuring their accuracy and relevance in supporting the Regulatory Risk Management strategy.
• Identify, validate and oversee remediation of "hotspot" areas of regulatory risk impacting Asset Servicing as a result of assurance findings and issues consequent to regulatory change implementations.
• Contribute to the wider Regulatory Risk Management team and communication to business stakeholders.
• Enable the Businesses with production of Regulatory horizon scanning and future planning, including engagement with industry working groups where applicable.
• Assists management to work towards the Company's strategic goals.

Skills / Experience :

Salary Range : $114,700 - 194,900 USD

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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.

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 MyHRHelp@ntrs.com.