Consultant, Compliance at Northern Trust

Limerick, County Limerick, Ireland

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Proven experience related to compliance, compliance testing/monitoring or auditing
Knowledge of EU regulations and key regulatory developments (advantageous)
Highly motivated with 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 independently and be a team player and effective communicator
Ability to deal effectively with multiple competing deadlines

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 EMEA and Global policies, procedures and standards for testing activities
Apply analytical skills to review information and determine potential weaknesses or exceptions to policies/processes
Validate and summarise testing results in clear, concise language
Detect and advise Compliance and Business Unit management of potential compliance issues and identify changes/enhancements to improve efficiencies in procedures
Track identified issues to closure via periodic follow up with action owners
Perform 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 challenge management responses where applicable
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 defence