Consultant, Compliance (Global Compliance Testing) at Northern Trust

Manila, Metro Manila, Philippines

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Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

Proven experience related to compliance, compliance testing/monitoring, control testing or auditing
Knowledge of APAC regulations and key regulatory developments (advantage but not required)
Confident and assertive professional who can effectively manage challenging conversations, defend well-founded positions and navigate differing perspectives with tact and professionalism
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
May mentor junior level partners and review the work of others
At least 8-10 years of relevant professional experience, including a minimum of 3-5 years in areas such as Audit, Compliance or Control Testing, Risk

Responsibilities

Independently establish the appropriate scope and test steps for individual regulatory reviews
Conduct and document testing reviews to assess compliance with and adherence to regulations/legislation and internal policies
Engage with Compliance SME’s to understand any matters for concern related to applicable reviews
Follow established APAC 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 and/or enhancements to improve efficiencies in procedures
Tracking of 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 Head 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

Skills

Key technologies and capabilities for this role

Regulatory ComplianceCompliance TestingRoot Cause AnalysisRisk AssessmentAnalytical SkillsTesting DocumentationStakeholder EngagementAPAC Regulations

Questions & Answers

Common questions about this position

What experience is required for the Consultant, Compliance role?

Proven experience related to compliance, compliance testing/monitoring, control testing or auditing is required, along with knowledge of APAC regulations and key regulations.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does the team structure look like for this position?

The role is part of the Global Compliance Testing (GCT) functional team, reporting locally to the APAC Compliance Testing Regional Manager, and involves working with the APAC Head of Global Compliance Testing and APAC GCT partners.

What makes a strong candidate for this compliance consultant position?

A strong candidate will have proven experience in compliance testing or auditing, knowledge of APAC regulations, strong analytical skills for identifying issues and root causes, and the ability to work independently and in teams while building relationships across lines of defense.