Capital Markets Regulatory Change Specialist

ACCA Careers; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a leading financial institution dedicated to providing innovative services. This role within the Regulatory Change team involves guiding compliance efforts and supporting risk management initiatives. Ideal candidates possess a strong regulatory background and a proactive approach to risk management within Capital Markets.

Qualifications

• Experience in a compliance role within a regulated firm.
• In-depth knowledge of EU and UK regulatory frameworks.
• Ability to assess regulatory risks and engage stakeholders effectively.

Responsibilities

• Review and interpret regulations to document policies and procedures.
• Assist Markets business in compliance with regulations.
• Provide risk avoidance advice to management.

Skills

Regulatory change

Compliance

Risk management

Strong communication

Analytical mindset

Education

Formal education in regulations or compliance

Job description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role/ Department:

The Capital Markets Chief Admin Offices comprises the Risk, Resiliency and Regulatory Change teams. This role sits within the Regulatory Change and oversight team and is responsible for regulatory identification, impact assessment and consultative support on the implementation of regulations which impact the products and services provided by the Capital Markets businesses to institutional clients.

The team has responsibility for providing centralized oversight of reporting, implementation and escalation for all regulations impacting Capital Markets.

As an individual contributor, the ideal candidate will provide guidance and delivery to the future of Regulatory requirements of the Capital Markets business at Northern Trust.

The key responsibilities of the role include:

• Reviews, disseminates, and interprets laws and regulations and works to proactively establish
  and document related policies, procedures and standards.
• Assist and support the Markets business in ensuring that the Firm's governance and internal control structures remain effective and compliant with all applicable regulations
• Verifies that activities meet federal, state and/or local legal and regulatory requirements
  and regulations and monitors outcomes/risk levels for the organization or assigned area.
• Communicates and provides risk avoidance advice and requirements to managers and appropriate personnel.
• Identifies situations which pose significant risk and guides management in developing policies
  and/or procedures that minimize risk.
• Serves on internal and external groups to provide and receive advice on industry trends.
• Is a technical expert with in-depth knowledge of risk avoidance and compliance.
• Strategic in developing, implementing and administering risk programs within functional areas.
• Act as a key advisor ensuring consistent and well-supported regulatory guidance.
• Support ad hoc markets projects and provide leadership coverage for the regulatory change team.
• Strengthen the Firm's risk management culture by actively engaging stakeholders and promoting best practices.

Skills/ Qualifications:

The successful candidate will benefit from having:

• Experience in a regulatory change or compliance role within a regulated financial services firm, or transferable experience in risk management, legal, audit, or governance.
• In depth knowledge of regulations, federal, state, and local laws and regulations acquired through formal education and work experience is required.
• Strong communication are necessary to consult with partners/clients, and analyze information and apply regulations with the ability to engage effectively with stakeholders at all levels.
• Familiarity with EU and UK regulatory landscape, including regulatory developments to FSMA, MIFID, EMIR, Conduct, governance structures, or prudential risk management.
• Analytical mindset with the ability to assess regulatory risks and contribute to compliance solutions.
• Experience with regulatory change monitoring horizon scanning, impact assessments, regulatory reporting, and/or governance frameworks.
• Remain informed regarding market conditions, regulatory developments, and industry best practices.
• Foster a culture of risk awareness and ensure adherence to firm-wide risk management policies and frameworks.
• Take ownership of identifying and escalating risk events while ensuring proper incident management procedures.
• Ability to work independently, collaboratively, and proactively within a high-performing team.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

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 sustainable companies! Build your career with us and apply today.

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail].

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.