Northern Trust

Compliance Testing, Associate Consultant / Consultant

Northern Trust

full-time

Posted on:

Location Type: Hybrid

Location: Manila • Philippines

Visit company website

Explore more

✨ AI Apply
Apply

About the role

  • Responsible for overseeing the review, interpretation, and dissemination of current and proposed laws and regulations
  • Provides consultation and advice to partners regarding Compliance risk avoidance
  • Establishes business development strategies to minimize risk and assure compliance with applicable laws and regulation
  • Review and interpret laws and regulations for the purpose of developing appropriate testing plans
  • Independently establish the appropriate scope and test steps for individual reviews
  • Conduct and document testing reviews to assess compliance with and adherence to regulations/legislation and internal policies
  • Engage with Compliance SMEs to understand any matters for concern related to applicable reviews
  • Follow established policies, procedures and standards for testing activities
  • Apply analytical skills to review information and determine potential weaknesses or exceptions to policies / processes
  • Validate and summarize testing results in clear, concise language
  • Detect and advise Compliance and Business Unit management of potential compliance issues and identify changes and/or enhancements to improve efficiencies in procedures
  • Track identified issues to closure via periodic follow up with action owners
  • Validation testing to ensure actions have been adequately closed
  • Develop relationships with Internal Audit to coordinate testing efforts and share results
  • Conduct meetings with business unit partners and management to discuss testing results and where applicable challenge management responses
  • Support the Regional Manager with ad hoc tasks
  • Work effectively as an individual contributor as well as in a team environment
  • Develop strong relationships with the first, second and third lines of defense
  • May mentor junior level employees and review the work of others

Requirements

  • 5-10 years related to compliance, compliance testing/monitoring or auditing
  • Educated to graduate (or equivalent)
  • Relevant certifications or advanced degree a plus
  • Knowledge of regulations and key regulatory developments would be an advantage
  • Highly motivated individual who has a proven record of using initiative to resolve problems
  • Analytical ability to identify and understand problems as well as to provide effective solutions
  • Excellent written and oral communication skills
  • Attention to detail
  • Confidence and expertise to advise and challenge senior management and the business
  • Ability to make decisions on their own and also to be a team player and effective communicator to ensure that issues are appropriately resolved
  • Ability to deal effectively with multiple competing deadlines
Benefits
  • Flexible and collaborative work culture
  • Opportunities for reasonable accommodations for individuals with disabilities
  • Commitment to assisting communities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compliance testingcompliance monitoringauditinganalytical skillstesting plansregulatory knowledgerisk assessmentpolicy interpretationissue trackingvalidation testing
Soft Skills
problem-solvingcommunication skillsattention to detailinitiativedecision-makingteam playerrelationship buildingmentoringindependencecollaboration
Certifications
compliance certificationsadvanced degree