Northern Trust

Technical Regulatory Specialist

Melbourne, Australia
11 Apr 2024
10 May 2024
Contract type
Full time
Experience level
Qualified accountant

About Northern Trust:

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.

Role Summary

This role is the part of a newly-created Regulatory Oversight team supporting Global Services functions in their ability to comply with impacting regulations. The Technical 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.

This role will report to the APAC Regulatory Risk & Oversight Manager.

What you will do

  • Proactive oversight and maintenance of the Global Services regulatory change model, and monitoring of Global Services’ adherence to the corporate regulatory change framework
  • Liaison with Global Services functions through regulatory considerations and developments, and ownership of relationships with Compliance, Risk, and Legal during the regulatory change process
  • 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
  • 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
  • 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
  • Lead training and communications with partners to promote a robust risk and regulatory culture and reinforce risk and regulatory principles
  • Identification and/or creation of enterprise-level Business Unit Standards for Global Services as a result of policy change or regulatory requirement
  • Guided by functional policies and regulation

About You

  • Proven risk, regulatory, technical, business, and/or industry knowledge.
  • Strong understanding of regulatory change process in Financial Services organizations and the impact of regulation on operational matters (ASIC)
  • May lead functional teams or projects with moderate resource requirements, risk, and/or complexity
  • Sound knowledge of the Securities Services and Treasury / Cash business
  • 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.
  • Interprets internal/external business challenges and recommends best practices to improve products, processes, or services
  • Communicates difficult concepts and negotiates with others to adopt a different point of view

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

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 sustainable companies! Build your career with us and apply today.

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at

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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