CAREERS

Senior Compliance Officer, Investment Advisor

📁
Risk Management/Compliance
📅
78064 Requisition #

Reporting to the Head of NTAM Compliance, this person will work closely with Northern Trust partners in the business unit and risk management, as well as internal and external counsel, to proactively administer and maintain a comprehensive compliance program.


Responsibilities:
• Provide a center of expertise in relation to all aspects of US regulation which impact the advisory business. Advise and assist senior leadership in carrying out their governance and oversight responsibilities in compliance with prevailing regulation, applicable laws, policy and best practice. Keep the business up to date on developments or changes that may affect their area, and work with them to implement effective, innovative solutions.
• Interface with internal business units, risk management, and legal functions, as well as enterprise-level constituents. Assist the Adviser CCO in administering and maintaining a world class, comprehensive compliance program.
• Serve as a member of various oversight committees.
• Manage a team of experienced compliance professionals, including support staff based in India, responsible for:
 Portfolio Compliance (Investment Guideline and Best Execution Monitoring)
 Regulatory Oversight (Regulatory Liaison and Developments, Testing, Risk
 Assessments, Policies, Filings)
 Fiduciary & Code of Ethics
 3rd Party Manager Due Diligence
 Common and Collective Trust Fund Compliance Program
 SMAs

• Maintain an open and cooperative relationship with regulators, including ensuring the timely and accurate filing of regulatory documents.
• Promote a positive compliance culture through communication and oversight of regulatory responsibilities at all levels and developing strong working relationships with the business.
• Serve as a member of various oversight committees.
• Participate in and contribute to the decision making process on selected commercial projects as the need and opportunity arises.


Job Requirements:
• Extensive knowledge of the Investment Advisers Act of 1940, ERISA, FINRA, and the Securities Act of 1933.

• Ability to communicate persuasively and with confidence, professionalism and authority at all
• levels of the business. Further ability to effectively present to a board of directors and executive
• officers within asset management.
• Experience working in a bank owned asset manager with both internal and direct distribution
• channels.
• Sound judgment, with a well-developed sense for risk identification, assessment and management.
• Broad investment product experience including multi-asset and multi-manager solutions.
• Analytical and communication skills required to review laws/regulations, assess their impact, and
• work with the business unit to implement any necessary policies, procedures, processes, and
• controls.
• A flexible, tolerant and collaborative approach towards the business and a desire to work in a
• diverse, yet conservative culture.
• Outstanding written and verbal communication skills, with demonstrated ability to effectively
• manage the relationships at the executive level. Proven experience of advising, negotiating,
• influencing and collaborating with others in the decision making process across all levels of the
• organization.
• Experienced in managing and building high-performing teams.
• Proven experience of establishing effective, robust and integrated compliance programs.
• Track record of collaborating with executive management and staff to establish and improve
• operational structures that support business growth while complying with firm policies and
• regulations.
• Work with legal counsel to provide for consistency with applicable regulations.
• Significant experience interacting with regulators and auditors.
• Must be a self-starter, able to work both independently and as part of a team.
• Highest level of integrity.

Qualifications:
• Bachelor’s degree required; advanced degree or JD preferred.
• Regulatory experience a plus.
• 10+ years as a compliance professional, including at least 5 years supporting a compliance
• program that includes the Investment Advisers Act of 1940 requirements. 

 

 

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.

Working with Us:

As a Northern Trust 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!               
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.
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. Build your career with us and apply today.

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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