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/ Department:
The Regulatory Risk Management team is responsible for the governing frameworks and accountability models that are in place to assess and understand current regulatory obligations, mitigate regulatory risk, and enable compliance with new and existing regulations. The team focuses on the development, adoption and oversight of activities, framework and accountability models related to the management of regulatory risk across the business and supports this mandate across four key pillars:
Regulatory Framework & Governance, Regulatory Change Oversight, Regulatory Risk Management Regulatory Strategy & Sustainability
The role supports the North America Regulatory Risk Management Lead to identify and oversee areas of regulatory change and remediation, working alongside other Regulatory Risk Management Specialists and the 2LOD to ensure alignment on implementation and regulatory sustainability in BAU. This role will also support the reporting of regulatory risk management readiness and areas of potential risk to senior business leaders.
The key responsibilities of the role include:
- Actively support the embeddedness of the regulatory change framework and relevant regulatory accountability models across the business.
- Partner with relevant regulatory stakeholders within the business and across all Lines of Defense to understand the applicability of the regulatory landscape, understand how regulatory risk is managed and support requirements to adhere to applicable regulations.
- Collaborate with operational leaders to quickly identify and create effective and sustainable solutions for resolving regulatory risk issues.
- Contribute to the production and review of appropriate Regulatory Risk Management metrics, ensuring their accuracy and relevance in supporting the Regulatory Risk Management strategy.
- Identify, validate and oversee remediation of “hotspot” areas of regulatory risk impacting Asset Servicing because of assurance findings and issues consequent to regulatory change implementations.
- Contribute to the wider Regulatory Risk Management team and communication to business stakeholders.
- Advise on opportunities identified to enhance the effectiveness and efficiencies in processes underlying the RCF
- Assists management in achieving Company’s strategic goals.
Skills / Experience:
- Previous experience in a regulatory, compliance or risk and control environment
- Strong analytical skills, able to present and interpret data to ‘tell the story’
- Ability to connect the dots across functional lines and think out of the box
- Ability to identify problems, develop and communicate solutions
- Able to manage the detail and drive execution while maintaining a strategic view
- Deliver results to tight deadlines
- Excellent communication skills (both written and oral) to interact and manage expectations with senior level audiences, stakeholders and management
- A strong and proven ability to analyse, synthesize complex issues into non-technical language
- Highly flexible and adaptable to change, with a positive attitude and vision to continually enhance / strengthen current status quo
- Demonstrable ability to influence and persuade others (e.g. peers, partners, senior management and external parties) to implement change, strategy and decision making in a diverse and matrix environment
Please note that this role may require the successful candidate to travel to other NT locations as required.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
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 Tempe Office
The Northern Trust Tempe office opened in 2015 with 75 employees and now serves over 75 different business functions with more than 700 employees. The team is recognized as a Global Capability Center that delivers exceptional value, quality, expertise and innovation through our diverse talent. Learn more.
Skills Required
- Previous experience in a regulatory, compliance or risk and control environment
- Strong analytical skills and ability to present and interpret data
- Ability to connect cross-functional teams and think creatively
- Problem identification, development and communication of solutions
- Ability to manage detail, drive execution and maintain strategic view
- Ability to deliver results to tight deadlines
- Excellent written and oral communication skills for senior audiences
- Ability to analyse and synthesize complex issues into non-technical language
- Highly flexible and adaptable to change with a continuous improvement mindset
- Demonstrable ability to influence and persuade stakeholders in a matrix environment
- Authorized to work in the U.S. without the need for employment-based visa sponsorship
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.
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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.
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Leave & Time Off Breadth — PTO is portrayed as solid overall, and two paid volunteer days per year are clearly documented across corporate materials.
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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
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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