Associate Consultant, BU Control & Compliance

ntrs; Manila; On-site; PHP 450,000 - 650,000; Full time

Job summary

Northern Trust in Manila is seeking an Associate Consultant to support the Global Banking control function, aligning operations with regulatory policies. You will research issues, assist in risk assessments, and help implement control improvements across multiple teams.

You will collaborate with Compliance, Risk, and Audit partners, contribute to data analytics initiatives, and support automation efforts to enhance efficiency.

Qualifications

• Bachelor's degree or equivalent experience.
• 2-4 years of experience in financial services, operations, risk, audit, compliance, controls, or a related function.
• Understanding of operational risk management and internal control concepts.
• Experience with reporting tools, automation solutions, Power BI, Power Automate, VBA, or similar technologies preferred.
• Strong analytical and problem-solving skills with attention to detail.

Responsibilities

• Support the execution and maintenance of the Global Banking control framework through ongoing monitoring, documentation, and reporting activities.
• Work closely with Control Specialist in conducting risk and control assessments by gathering data, reviewing processes, performing analysis, and documenting results.
• Support the identification, tracking, and remediation of control deficiencies, ensuring action plans are documented and progressed to completion.
• Support internal and external audit engagements by coordinating responses, gathering evidence, tracking requests, and monitoring remediation activities.
• Monitor completion of control activities across Global Banking teams and follow up on overdue actions and outstanding issues.
• Conduct quality assurance reviews of control documentation, evidence, and records to ensure completeness and adherence to established standards.
• Partner with business teams to identify opportunities to enhance controls, improve operational processes, and reduce manual risk.
• Assist in leveraging automation, reporting tools, and data analytics to streamline control monitoring and improve operational efficiency.

Skills

Analytical thinking

Communication skills

Independent working

Education

Bachelor's degree or equivalent experience

Tools

Power BI

Power Automate

VBA

Excel

Job description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role

The Associate Consultant will support the control function of the business unit by working closely with existing Compliance and Control partners to ensure banking operations are aligned with the regulatory and corporate compliance policies and procedures. Under general supervision, will research and identify issues, and perform other duties as assigned. Detect and advise BU management of potential Business Unit Compliance and control issues and recommends procedural changes.

Key Responsibilities

• Support the execution and maintenance of the Global Banking control framework through ongoing monitoring, documentation, and reporting activities.
• Work closely with Control Specialist in conducting risk and control assessments by gathering data, reviewing processes, performing analysis, and documenting results.
• Support the identification, tracking, and remediation of control deficiencies, ensuring action plans are documented and progressed to completion.
• Support internal and external audit engagements by coordinating responses, gathering evidence, tracking requests, and monitoring remediation activities.
• Monitor completion of control activities across Global Banking teams and follow up on overdue actions and outstanding issues.
• Conduct quality assurance reviews of control documentation, evidence, and records to ensure completeness and adherence to established standards.
• Partner with business teams to identify opportunities to enhance controls, improve operational processes, and reduce manual risk.
• Assist in leveraging automation, reporting tools, and data analytics to streamline control monitoring and improve operational efficiency.
• Build effective working relationships with partners across Global Banking, Risk, Controls, Compliance, Operations, and Audit functions.
• Work on DACAs and liaise with Legal as well as RMs

Knowledge & Experience

• Bachelor's degree or equivalent experience.
• 2-4 years of experience in financial services, operations, risk, audit, compliance, controls, or a related function.
• Understanding of operational risk management and internal control concepts.
• Experience working with policies, procedures, documentation, reporting, or quality assurance processes.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Microsoft Excel, including data analysis, reporting, and reconciliation activities.
• Experience with reporting tools, automation solutions, Power BI, Power Automate, VBA, or similar technologies preferred.
• Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.
• Excellent written and verbal communication skills.
• Ability to work independently while collaborating effectively across global teams.

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail] , or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 - driving meaningful impact and sustainable growth. Learn more.