Global Services Regulatory Specialist

Location
Limerick, Munster, Ireland
Salary
Unspecified
Posted
18 Jan 2022
Closes
18 Feb 2022
Ref
92829
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families, and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (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 that is committed to strengthening the communities we serve.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We recognize the value of inclusion and diversity in culture, in thought, and inexperience, which is why Forbes ranked us the top employer for Diversity in 2018. 

Role/ Department:

This role is part of a newly-created Regulatory Oversight team supporting Global Services functions in their ability to comply with impacting regulations.  The Global Services Regulatory Specialist will contribute to the ongoing assessment of the end-to-end Global Services regulatory environment, oversight of key regulatory initiatives and projects, and liaising with the relevant lines of defense to ensure adherence to the global regulatory change framework.

The Global Services Regulatory Specialist is likely to have proven risk, regulatory, technical, business, and/or industry knowledge.

The key responsibilities of the role include:

  1. Proactive oversight and maintenance of the Global Services regulatory change model, and monitoring of Global Services’ adherence to the corporate regulatory change framework
  2. Liaison with Global Services functions through regulatory considerations and developments, and ownership of relationships with Compliance, Risk, and Legal during the regulatory change process
  3. Oversight of the regulatory portfolio with a focus on operational readiness and traceability to minimize regulatory risk and enable effective handover to Global Services functional owners
  4. Representation of Global Services at relevant internal regulatory forums and leading Global Services-specific forums to discuss and review impacts of regulations on functional areas
  5. Production of relevant metrics and reporting on the effectiveness of the regulatory environment in Global Services, i.e. related to regulatory change and regulatory oversight activities
  6. Lead training and communications with partners to promote a robust risk and regulatory culture and reinforce risk and regulatory principles
  7. Identification and/or creation of enterprise-level Business Unit Standards for Global Services as a result of policy change or regulatory requirement
  8. Guided by functional policies and regulation

Skills/ Qualifications:
The successful candidate will benefit from having demonstrated: 
  • Sound knowledge of the Securities Services and Treasury / Cash business
  • Strong understanding of regulatory change process in Financial Services organizations and the impact of regulation on operational matters
  • Flexibility and adaptability to change, with the appetite to continually enhance/strengthen status quo
  • 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
  • Ability to connect the dots across functional lines and think creatively
  • Excellent analytical skills, with the ability to identify problems, develop and communicate strategic solutions. 
  • Track record of delivering 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 analyze, break down and explain complex issues in non-technical language.

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

  • Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review
  • Work-Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days
  • Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program
  • Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options), and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally 

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.

For further information, and to apply, please visit our website via the “Apply” button below.

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