Compliance Testing, Associate Consultant / Consultant

ACCA Careers; Metro Manila; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

Northern Trust Manila is seeking a seasoned compliance specialist to oversee the review, interpretation and dissemination of current laws and regulations, providing guidance to partners to avoid compliance risk. You will develop testing plans, set scope and steps, conduct reviews, document findings, and track issues to closure, while coordinating with Internal Audit and control owners.

Ideal candidates have 5–10 years in compliance or auditing, a graduate degree, and strong analytical, written

Qualifications

• 5–10 years of experience in compliance, testing, or auditing.
• Graduate degree or equivalent.
• Certifications or advanced degree a plus.
• Knowledge of regulations and regulatory developments.

Responsibilities

• Review and interpret laws and regulations to develop testing plans.
• Define scope and test steps for reviews.
• Document testing to assess compliance with regulations and policies.
• Engage with Compliance SMEs to understand concerns.
• Follow policies and standards for testing activities.
• Track identified issues to closure with action owners.
• Develop relationships with Internal Audit to coordinate testing.
• Mentor junior staff and review others' work.

Skills

Compliance

Auditing

Analytical thinking

Communication skills

Attention to detail

Decision making

Teamwork

Deadline management

Education

Graduate degree or equivalent

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 Summary

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

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.

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.