Compliance Consultant - Governance & Policy

About Northern Trust: 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. The Global Regulatory Affairs Office (GRAO) is responsible for overseeing the enhancement of our risk management and controls, remediation of regulatory and audit findings and the administration of regulatory affairs. This Compliance Governance & Policy Consultant role sits within the GRAO with primary responsibility for providing project management and subject matter expertise across a multi-year regulatory and risk program. This role will report into the Compliance Governance and Policy Manager. The Compliance Governance & Policy Consultant role will provide support for the delivery of critical strategic enterprise capabilities for compliance and legal risk governance, policies, and standards, which connect into Northern Trusts rule and obligation applicability, Rule Inventory and Risk Inventory. The ideal candidate will have a track record of project management, with compliance and risk knowledge and working with diverse, cross-functional teams and stakeholders across the organization. The key responsibilities of the role include: Responsible for supporting the definition and supporting the execution for the Governance and Policy workstreams for compliance and legal risk. Support Second Line of Defense (2LOD) compliance and legal risk management to develop and maintain governance oversight of issues of non-compliance, including escalation to the Global Enterprise Risk Committee. This will include working closely with Risk, Compliance, Legal and the First Line of Defense (1LOD) subject matter experts and delegated / connected governance fora. Work with Risk, Compliance and Legal subject matter experts to develop and maintain policies, standards, guidelines etc., that can then be operationalized by 1LOD to develop controls to efficiently achieve risk management goals and policy objectives. Lead Working Group meetings to support transformation of and maintains efficient and appropriate governance to enable successful outcomes. Assist in developing, design, implementation, and support compliance and legal risk management framework, including but not limited to: Risk governance and controls, organization structure, policies, and procedures, three lines of defense, risk measures and metrics (risk appetite and limits, monitoring and escalation). Manage deliverables with a forward-looking mindset, i.e., proactively anticipate any potential issues, prevent them and/or work with management to define pragmatic contingency plans. Proactively manage dependencies, ‘reusable assets’ (components of the solution that have been already built elsewhere), roadblocks and learning points (i.e., milestones defined to resolve any uncertainty that the team might be dealing with). Timely escalate and relentlessly pursue resolution of any roadblocks with a clear, end-to-end ownership mindset. Help shape best practices, standards and toolkit and strengthen our capabilities around compliance and legal risk. Required Skills/Experience Understanding of regulatory, compliance and risk related matters. Demonstrated experience in governance and policy execution or remediation strategy. Great skills across communication (written and verbal), facilitation, interpersonal, conflict resolution, with the ability to establish credibility and foster excellent working relationships with internal stakeholders. Comfortable taking the initiative but also capable of recognizing complex problems and comfortable bringing questions to management Strong problem-solving skills, organizational skills and time management skills. Proficiency in Microsoft Word, Excel, and PowerPoint and Governance, Risk & Compliance solutions such as Service Now 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 ✉ Sign in to view email. 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. About Our Manila Office The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 — driving meaningful impact and sustainable growth. Learn more. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)