Regulatory Change Oversight Emea, Asset Management - London, United Kingdom - Northern Trust Corp.

Northern Trust Corp.

Verified Company

London, 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

Northern Trust Asset Management (NTAM) is a trillion dollar investment management firm entrusted by investors around the globe to help them navigate changing market environments, so they can confidently realize their long-term objectives.

Based in London, this regulatory change specialist will support Senior Management in the day to day efforts related to the 1LoD regulatory compliance with regulatory rules and policies, liaising as and when required with Control, Compliance, Risk and Audit teams.

The role requires strong communication and problem solving skills with the ability to implement regulations whilst also ensuring adherence to the Corporate regulatory change framework.

Key responsibilities include

Facilitation and oversight of the regulatory change implementation across the NTAM EMEA business with a focus on operational readiness and traceability to minimize regulatory risk and enable effective handover to the BAU teams
Manage regulatory change implementation through project management techniques
Coordinate with BAU/functional teams (Investments, Product, Operations etc.) within the 1LoD on regulatory considerations and developments, with 1LoD ownership of relationships with Compliance, Risk and Legal during the Regulatory change process
Proactive oversight and maintenance of the NTAM regulatory change model, and monitoring the adherence to the corporate regulatory change framework ( this will include as needed impacts to local legal entities as and where required)
Communicates with internal and external parties as needed and makes recommendations on required changes by the business on more complex regulatory oversight management matters
Representation of the NTAM EMEA and legal entities at relevant internal regulatory forums/councils/committees etc. to discuss and review impacts of regulations on the business
Production of relevant metrics and reporting on the effectiveness of the regulatory environment in Asset Management, associated Boards, legal entities etc. i.e. related to regulatory change and regulatory oversight activities
Anticipate project risks and escalate in a timely manner to drive decisions by project groups
Lead training and communications with partners to promote a robust risk and regulatory aware culture
Promote corporate values including integrity.

Knowledge / Skills

A College/ University degree or relevant professional qualification
At least 5 years of work experience in the investment management industry, with a demonstrated track record within regulatory change in midtolarge investment management firm
Proficiency with investment products, change management methods and report writing
Thorough understanding of the Investment Management industry and financial services
Ideally come from an Asset Management background, with demonstrable experience/understanding of regulatory change process in Financial Services organizations and the impact of regulation on operational matters
Project management techniques and process understanding
Excellent analytical skills, with the ability to identify problems, develop and communicate strategic solutions
Compelling communicator with the ability to adjust communication style to audience need e.g. from BAU teams to Senior Management and C-Suite when explaining complex regulatory issues/change
Proven influencing and persuasion skills to successfully implement change, and influence decision making with key stakeholders in a diverse and matrix operating environment
Global outlook with sensitivity and awareness of social and cultural differences
Strong situational awareness, communication skills and decision making capabilities
Strong consultative skills ranging from gathering market and competitor insights, strategy development, influencing, facilitation and consensus building.

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