Compliance Consultant - Saint Peter Port, United Kingdom - Northern Trust Corp.

Northern Trust Corp.

Verified Company

Saint Peter Port, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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.

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 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 SMEs to understand any matters for concern related to applicable reviews
Follow established EMEA and Global policies, procedures and standards for testing activities
Validate and summarizes 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 defense

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
Analytical ability to identify and understand problems as well as to provide effective solutions
Excellent written and oral communication skills
Attention to detail
Stakeholder management and ability to challenge senior management and the business
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.

Reasonable accommodation
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.

LI-Hybrid