Consultant, Compliance-Sanctions

About the position 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. Working Model: Hybrid We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. Responsibilities • Advises business partners, including senior management, on Compliance programs and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area. • Compliance-related laws, rules and standards, including keeping them informed of developments or changes that may affect their area. • Participates in developing Compliance programs and acts as a contact point within the company for Compliance inquiries from partners. • Participates in establishing written guidance on the appropriate implementation of Compliance programs and laws, regulations, rules and standards, through policies and procedures and other documents, such as Compliance manuals, internal codes of conduct and practice guidelines. • Assists senior management in developing Compliance programs and identifying partners who are required to take certain classes. • Identifies, measures, and documents Compliance risk to enhance Compliance risk assessments and assess the appropriateness of the company's Compliance procedures and guidelines. • Identifies situations which may pose significant Compliance risk and guides management in developing policies and/or procedures that minimize risk. • Interacts with business partners, regulators, and internal and external auditors on regulatory topics. • Operates independently; has in-depth knowledge of Compliance risk avoidance. • Serves as a subject matter expert or other resource within a group for regulatory Compliance matters. • May mentor junior level employees and review the work of others. Requirements • Knowledge of risk management and the Company's strategic goals. • In-depth knowledge of applicable laws and regulations, acquired through formal education and work experience, is required. • Analytical and communication skills are necessary to consult with and communicate information to partners/clients; to analyze and summarize information; and to apply laws and regulations to the Company's business. • 5-7 or more years experience, preferably in Compliance or risk management; or equivalent related experience. Benefits • Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. • Northern Trust also provides a discretionary bonus program that may include an equity component. Apply tot his job Apply To this Job