Consultant, Regulatory Reporting
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 strive to have a globally diverse workforce where engagement and inclusion drive business excellence. We believe in the power of collaborative partnerships and are proud to work with a number of organisations across EMEA who provide us with ongoing knowledge, education and insights to support our efforts.
We monitor our progress by participating in market benchmarks which assess industry best practice and are delighted to have received a Silver Award from the Mind Workplace Wellbeing Index over two consecutive years, and a Gold Award from the UK Ministry of Defence Employer Recognition Scheme.
This role is based in our Limerick office and will be within our Fund Administration Division.
The role involves the consultation and production of daily, monthly and quarterly reporting solutions for submission to Regulators across Europe on a wide range of fund structures. Identifying and introducing enhancement to the solutions and systems used within the reporting process. The partner will also support Investor Tax Reporting for a wide range of European countries including Germany, Switzerland, Austria, UK, Italy and Belgium.
The key responsibilities of the role include:
- Lead planning and execution of the daily and periodic regulatory reporting solutions in cooperation with the other senior partners on the team.
- Engage with internal departments to evaluate and implement changes in proposed new regulations and to ensure that all current requirements are met.
- Engage with Regulators, Relationship Management and Northern Trust clients on any queries on our existing reporting solutions or on adhoc information requests.
- Analyse new reporting requirements and assist Business Analysts with the building of solutions to fulfil new reporting obligations.
- Respond to queries on Investor Tax and Regulatory Reporting requirements as part of the Regulatory Helpdesk operated by the team.
- Participate in the cross training of partners across EMEA and outsourced locations.
- Promote a proactive and constructive relationship with the team partners based in Manila which provides support on the regulatory solutions.
- Working with the leadership team to develop a strategic and scalable operating model for service offerings, thus ensuring we have a sustainable and profitable product offering for any future clients.
- Be pro-active in communication with clients, providing suggestions for operational efficiencies, process improvements, and improvements to customer experience or reductions in costs
RELATIONSHIPS AND STAKEHOLDERS
- Direct Manager – Regulatory and Investor Tax Manager
- Internal Stakeholders – Fund Administration Leaders, New Business Teams, Relationship Managers and Product Teams
- External Key Stakeholders – Clients, Investment Managers, Regulators including CBoI and FED
The successful candidate will benefit from having:
- Experience with Regulatory and/or Investor Tax Reporting is desirable but not essential.
- Experience in a Fund Administration role is desirable but not essential.
- Experience of working with teams in multiple locations as part of an outsourced arrangement is desirable but not essential.
- Ability to build strong consultative relationships with external clients.
- Self-motivated, innovative and analytical.
- Strong Time management and organisational skills.
- Excellent communication and interpersonal skills are essential.
- Strong ability to check and identify errors and consult with clients on regulatory guidance, documentation and reporting.
- Strong ability to identify process improvement opportunities and to deliver on these.
- Demonstrates commitment to producing professional and very high quality work in tight. Timelines.
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.
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.