Associate Consultant, Compliance TCOE

Northern Trust; Manila; On-site; PHP 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Inclusive workplace

Job summary

Northern Trust Manila seeks a seasoned Compliance Review professional to interpret current laws and regulations and provide guidance to partners on compliance risk avoidance. You will establish testing plans, define scope, and ensure adherence to applicable regulations and internal policies.

Responsibilities include conducting testing, documenting results, coordinating with Compliance SMEs, and mentoring junior staff.

Qualifications

• Graduate-level knowledge in law, finance, or compliance and related fields.
• Experience in compliance testing, monitoring, or auditing is required.
• Certifications or advanced degree are a plus.

Responsibilities

• Review and interpret laws and regulations for testing plans and scope.
• Conduct testing reviews and document results to ensure policy adherence.
• Engage with Compliance SMEs to address concerns and advise management.
• Follow policies and standards; track issues to closure with action owners.
• Develop relationships across first, second, and third lines of defense.
• May mentor junior staff and coordinate testing with Internal Audit.

Skills

Compliance testing

Regulatory knowledge

Analytical thinking

Communication skills

Attention to detail

Decision making

Education

Graduate degree or equivalent

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.

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.

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 Summary

Responsible for overseeing the review, interpretation, and dissemination of current and proposed laws and regulations. Provides consultation and advice topartners regarding Compliance risk avoidance. Establishes business development strategies to minimize risk and assure compliance with applicable lawsand regulation.

Principal Responsibilities

• Review and interpret laws and regulations for the purpose of developing appropriate testing plans
• 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 policies, procedures and standards for testing activities
• Apply analytical skills to review information and determine potential weaknesses or exceptions to policies / processes
• Validate and summarize 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 improveefficiencies in procedures
• Track 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 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 defense
• May mentor junior level employees and review the work of others

Skills/Experience

• 5-10 years related to compliance, compliance testing/monitoring or auditing
• Educated to graduate (or equivalent)
• Relevant certifications or advanced degree a plus
• Knowledge of regulations and key regulatory developments would be an advantage
• 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

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.