Senior Consultant, Compliance

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:

Northern Trust has an established Global Compliance Ireland team, with partners based in both Dublin and Limerick offices. The team plays a central role in supporting the Ireland, EMEA & Global Compliance function. Clear goals, open communication, promoting collaborative working, empowering team members and an enjoyable working environment are features of how we try to operate as a team.

The Senior Consultant, Compliance will play a key role in supporting the senior Compliance leadership across our Ireland and UK Legal Entities in the delivery and ongoing enhancement of the Compliance Programme. The role will provide senior-level support across Compliance Risk Assessment, Compliance Monitoring, regulatory change, compliance policies, management reporting, governance committee reporting, and regulatory engagement.

This role will report to the Ireland Depositary head of Compliance and will be expected to act as a trusted senior compliance partner, providing constructive challenge, clear advice, and practical support to the business, Senior Management, and the wider compliance team in both the UK & Ireland. The role will also support the preparation for and attending key governance forums and may deputise for, or represent, the Heads of Compliance at such forums where required.

This is a second line of defence role requiring strong judgement, senior stakeholder management, regulatory knowledge, and the ability to operate independently while escalating appropriately.

The key responsibilities of the role include:

Senior support to the Heads of Compliance

• Support the Heads of Compliance in maintaining and embedding a comprehensive compliance framework for the relevant Ireland & UK legal entities, leveraging the wider Northern Trust Group compliance framework where appropriate.
• Deputise for, represent, or support the Heads of Compliance at governance forums, senior management meetings, risk committees, board-related forums, and other compliance meetings where required.
• Provide senior compliance advice, constructive challenge, and practical guidance to business stakeholders on regulatory obligations, compliance risks, and control effectiveness.
• Contribute to the preparation of clear, concise and high-quality management information for Executive, Risk Committee, Board, and other governance reporting.

Compliance Risk Assessment

• Drive the Legal Entity specific Compliance Risk Assessment framework in line with Northern Trust policies/ standards and regulator expectations.
• Work with regional and global compliance colleagues in other geographical locations to enable the development of global standards, knowledge transfer and best practice.
• Coordinate appropriate reporting at various governance committees, including Board and Risk Committee forums.
• Ensure the rules inventory underpinning the Compliance Risk Assessment are maintained and updated as required. 

Compliance Monitoring and assurance

• Support the preparation and delivery of the Annual Compliance Assurance Programme / Compliance Monitoring Programme for relevant legal entities.
• Perform compliance monitoring reviews to a high standard, ensuring timely, accurate, concise, and well-evidenced reporting.

Regulatory engagement and governance

• Support the Heads of Compliance in managing regulatory engagement, including preparation for regulatory meetings, information requests, examinations, reviews, and other interactions with the Central Bank of Ireland, Financial Conduct Authority & Prudential Regulatory Authority.
• Assist in preparing Board, Risk Committee, and Senior Management materials relating to compliance risks, regulatory developments, Compliance Programme delivery, and key issues requiring attention.
• Support appropriate escalation to the Heads of Compliance and senior stakeholders where compliance risks, control weaknesses, delays, or regulatory issues arise

Other

• Build and maintain constructive relationships with key internal stakeholders, including Senior Management, business leaders, Compliance Testing, Audit Services, Legal, Risk, and Finance
• Maintain a strong understanding of the relevant legal entity operations, products/services, systems and associated risks/controls.
• Develop a good understanding of the regulatory change framework and the new regulations impacting the relevant legal entities
• Work effectively as an individual contributor as well as in a team environment 

Skills/ Qualifications

• Compliance monitoring, Audit, Risk or Control experience and/or experience of providing advisory support to business areas would be an advantage.
• Knowledge of Ireland/EU/UK regulations and key regulatory developments relating to fund service providers (eg fund administration company, depositary company, fund management company) would be an advantage.
• Knowledge of EMEA & UK funds industry eg fund types, differentials in Irish & UK fund industry, future trends such as tokenisation to enable the candidate to provide advisory support and challenge to the business would be key.
• Capable of making decisions, applies sound judgement and knows how/when to escalate.
• Can operate within strict reporting deadlines whilst balancing multiple, competing priorities.
• Influencing and conflict resolution skills.
• Proven and strong learning agility with a keen desire to support the development of others.
• Highly motivated individual, self-starter and team player.
• Effective oral and written communication skills.

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.