Associate Consultant, BU Control & Compliance

Posted 5 Days Ago
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Manila, Metro Manila, National Capital Region, PHL
Hybrid
Mid level
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The Role
Supports Global Banking control and compliance activities through monitoring, risk and control assessments, documentation, reporting, audit coordination, remediation tracking, and quality assurance reviews. The role identifies control deficiencies, recommends process improvements, follows up on outstanding actions, and collaborates with Risk, Compliance, Operations, Legal, Audit, and business teams. It also assists with automation, reporting tools, and data analytics to improve control monitoring and operational efficiency.
Summary Generated by Built In

About Northern Trust


As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.


Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.


With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.


Role

The Associate Consultant will support the control function of the business unit by working closely with existing Compliance and Control partners to ensure banking operations are aligned with the regulatory and corporate compliance policies and procedures. Under general supervision, will research and identify issues, and perform other duties as assigned. Detect and advise BU management of potential Business Unit Compliance and control issues and recommends procedural changes.


Key Responsibilities


  • Support the execution and maintenance of the Global Banking control framework through ongoing monitoring, documentation, and reporting activities.
  • Work closely with Control Specialist in conducting risk and control assessments by gathering data, reviewing processes, performing analysis, and documenting results.
  • Support the identification, tracking, and remediation of control deficiencies, ensuring action plans are documented and progressed to completion.
  • Support internal and external audit engagements by coordinating responses, gathering evidence, tracking requests, and monitoring remediation activities.
  • Monitor completion of control activities across Global Banking teams and follow up on overdue actions and outstanding issues.
  • Conduct quality assurance reviews of control documentation, evidence, and records to ensure completeness and adherence to established standards.
  • Partner with business teams to identify opportunities to enhance controls, improve operational processes, and reduce manual risk.
  • Assist in leveraging automation, reporting tools, and data analytics to streamline control monitoring and improve operational efficiency.
  • Build effective working relationships with partners across Global Banking, Risk, Controls, Compliance, Operations, and Audit functions.
  • Work on DACAs and liaise with Legal as well as RMs

Knowledge & Experience
  • Bachelor's degree or equivalent experience.
  • 2-4 years of experience in financial services, operations, risk, audit, compliance, controls, or a related function.
  • Understanding of operational risk management and internal control concepts.
  • Experience working with policies, procedures, documentation, reporting, or quality assurance processes.
  • Strong analytical and problem-solving skills with attention to detail.
  • Proficiency in Microsoft Excel, including data analysis, reporting, and reconciliation activities.
  • Experience with reporting tools, automation solutions, Power BI, Power Automate, VBA, or similar technologies preferred.
  • Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
  • Excellent written and verbal communication skills.
  • Ability to work independently while collaborating effectively across global teams.

Working with Us


As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.


Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.


Reasonable Accommodation


Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.


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.

Skills Required

  • Bachelor's degree or equivalent experience
  • 2-4 years of experience in financial services, operations, risk, audit, compliance, controls, or a related function
  • Understanding of operational risk management and internal control concepts
  • Experience with policies, procedures, documentation, reporting, or quality assurance processes
  • Strong analytical and problem-solving skills with attention to detail
  • Proficiency in Microsoft Excel, including data analysis, reporting, and reconciliation activities
  • Experience with reporting tools, automation solutions, Power BI, Power Automate, VBA, or similar technologies
  • Strong organizational skills and ability to manage multiple priorities in a fast-paced environment
  • Excellent written and verbal communication skills
  • Ability to work independently while collaborating effectively across global teams

Northern Trust Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.

  • Retirement Support — A 401(k) with company match alongside an employer‑funded defined‑benefit pension is highlighted in employer‑verified materials and filings, setting the retirement package apart from many private employers.
  • Leave & Time Off Breadth — PTO is portrayed as solid overall, and two paid volunteer days per year are clearly documented across corporate materials.
  • Parental & Family Support — Company sources and postings reference paid parental and caregiver leave and recent enhancements to parental benefits, indicating meaningful family support within the package.

Northern Trust Insights

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The Company
HQ: Chicago, IL
24,000 Employees
Year Founded: 1889

What We Do

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.

Why Work With Us

At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.

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