Consultant, EMEA Compliance Testing

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 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 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 reviews.

The successful candidate will be responsible for execution of the testing program. The candidate will be  responsible for independently planning and executing specific reviews, identifying issues and underlying root-cause analysis, agreeing solutions and communicating findings effectively, both orally and in writing.

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:
The successful candidate will benefit from having:

• Proven experience related to compliance, compliance testing/monitoring  or auditing

• Knowledge of 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

• Attention to detail

• 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

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment.

Please note that Northern Trust is unable to provide employment permit sponsorship for this role. This includes Critical Skills Employment Permits, General Employment Permits, Intra-Company Transfer Employment Permits, Stamp 1G permissions, and other employment permits under Irish immigration frameworks.

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.