Chicago, IL, USA
5 days ago
Sr. Consultant, Financial Risk Regulatory Oversight

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.

Senior Consultant, Financial Risk Regulatory Oversight

Summary:

Oversees the review, interpretation, and dissemination of current and proposed laws and regulations. Provides consultation and advice to partners regarding risk avoidance and compliance. Establishes business development strategies to minimize risk and assure compliance with relevant laws and legislation.

Major Duties:

Reviews, disseminates, and interprets laws and regulations and works to proactively establish and document related policies, procedures and standards.Verifies that activities meet federal, state and/or local legal and regulatory requirements and regulations and monitors outcomes/risk levels for the organization or assigned area.Consults with partners regarding daily decisions that could pose risk and conflict with existing policy, and assist with client negotiations of new and existing business on various
issues that may conflict with bank policies and procedures.Communicates and provides risk avoidance advice and requirements to managers and appropriate personnel.Identifies situations which pose significant risk and guides management in developing policies and/or procedures that minimize risk.Interacts with regulators, internal and external auditors on regulatory topics.Provides direction and training to more junior staff.Serves on internal and external groups to provide and receive advice on industry trends.Serves as go to person for the group and promotes sharing of expertise.Is a technical expert with in-depth knowledge of risk avoidance and compliance.Handles more extensive, high-profile workStrategic in developing, implementing and administering risk programs within functional areas.Project lead.

Knowledge/Experience:

7 or more years of risk management or compliance experienceKnowledge of risk management and strategic goals for the bank's business.In depth knowledge of regulations, federal, state, and local laws and regulations acquired through formal education and work experience is required.Communication and analytical skills are necessary to consult with partners/clients and analyze information and apply regulations.

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#Hybrid

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 MyHRHelp@ntrs.com.

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.

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