REGULATORY RISK MANAGEMENT SPECIALIST

Posted Date 13 Nov 2024



Experience Icon Experience 2 Years Salary Salary 65500USD
Job Type Icon Job Type Full Time Company Company Northern Trust Corp.
Job Category Icon Job Category Management Qualification Icon Qualification BS Business Administration / Nonprofit Management
Gender IconGender Both Date Last Date 11 Feb
Vacancies IconVacancies 4 Remote IconRemote No
Location Location(s) Chicago , United States

Description Job Description



The Regulatory Risk Management team is responsible for overseeing frameworks to assess and manage regulatory obligations, mitigate risks, and ensure compliance with both existing and emerging regulations. This role will focus on regulatory change, risk management, and sustainability, collaborating with leaders across regions (EMEA, APAC, NA) to drive alignment and manage regulatory risks.

Key Responsibilities:

  • Support the implementation of the regulatory change framework and accountability models across the business.
  • Work with regulatory stakeholders and business units to ensure compliance with applicable regulations and manage regulatory risk.
  • Collaborate with operational leaders to create sustainable solutions for regulatory risk issues.
  • Contribute to the production of Regulatory Risk Management metrics, ensuring accuracy and relevance.
  • Identify and resolve regulatory risks identified in asset servicing areas, particularly post-regulatory changes.
  • Advise on opportunities to enhance the efficiency of the regulatory change framework.
  • Report on regulatory risk management readiness to senior leaders.

Skills/Experience Required:

  • Previous experience in a regulatory or compliance environment.
  • Strong analytical skills, with the ability to present and interpret data.
  • Ability to think strategically while managing detailed tasks.
  • Strong communication skills, including the ability to explain complex issues in simple terms.
  • Ability to manage change, influence others, and drive decision-making.
  • Experience managing regulatory risks in a diverse and matrixed environment.

What’s in it for You:

  • Opportunity to join a stable and highly respected financial institution.
  • Flexible and collaborative work culture.
  • Career growth opportunities within the organization.

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