Regulatory Program Manager

Northern Trust; Chicago (IL); Hybrid; USD 114,700 - 194,900; Full time

Benefits offered by this job

401(k) and pension

Medical, dental, vision benefits

Paid time off and parental leave

Discretionary bonus program

Job summary

Northern Trust is seeking a Regulatory Change Program Manager to lead enterprise regulatory change initiatives and ensure regulatory requirements are embedded across a global organization.

The role focuses on governance, reporting, stakeholder engagement, and delivering complex regulatory or transformation programs within financial services.

Applicants should have strong governance knowledge, cross-functional collaboration, and experience with agile delivery and change management.

Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• At least 5 years of experience in regulatory compliance, risk management, and regulatory change management within financial services.
• Strong knowledge of regulatory frameworks, governance, and risk management practices.
• Experience leading complex, cross-functional initiatives and enterprise-wide regulatory or transformation programs.
• Ability to build trusted relationships and influence stakeholders across a global organization.
• Strong analytical, problem solving, communication, and organizational skills.
• Experience partnering with business, technology, and data teams to deliver strategic change initiatives.
• Knowledge of agile delivery methodologies and change management practices.
• Professional project management or change management certification is preferred.

Responsibilities

• Lead the delivery and execution of enterprise regulatory change programs and strategic initiatives.
• Partner with stakeholders across all lines of defense, business units, and operational teams to identify and implement solutions that address regulatory requirements and mitigate risk.
• Facilitate governance forums, working groups, and stakeholder meetings to support effective decision making and program execution.
• Manage program plans, timelines, risks, issues, dependencies, budgets, and deliverables across multiple initiatives.
• Develop and maintain reporting, metrics, and business intelligence solutions to provide transparency into program performance and progress.
• Translate regulatory and business requirements into actionable project plans and operational solutions.
• Partner with business, technology, data, and infrastructure teams to ensure successful delivery of regulatory initiatives.
• Drive adoption of program and change management best practices across supported initiatives.
• Proactively identify obstacles, manage escalations, and implement solutions to maintain delivery objectives.
• Communicate program status, risks, and key outcomes to senior leadership and stakeholders.

Skills

Regulatory compliance

Risk management

Cross-functional leadership

Agile delivery

Change management

Communication

Analytical

Education

Bachelor's degree

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.

Regulatory Change Program Manager

Summary

The Regulatory Change Program Manager will lead enterprise deliveries encompassing financial and non-financial risk regulations and provide continuity across various programs and projects necessary to manage effective regulatory change across a global organization and ensure that regulatory requirements are operationally embedded for continued compliance.

The successful candidate will have a proven track record leading complex change programs, particularly within compliance, risk, and regulatory environments. This individual will possess a strong understanding of regulatory frameworks and demonstrate the ability to work effectively across diverse, cross-functional teams while supporting governance, reporting, and stakeholder engagement activities across the organization.

Major Duties & Responsibilities

• Lead the delivery and execution of enterprise regulatory change programs and strategic initiatives.
• Partner with stakeholders across all lines of defense, business units, and operational teams to identify and implement solutions that address regulatory requirements and mitigate risk.
• Facilitate governance forums, working groups, and stakeholder meetings to support effective decision making and program execution.
• Manage program plans, timelines, risks, issues, dependencies, budgets, and deliverables across multiple initiatives.
• Develop and maintain reporting, metrics, and business intelligence solutions to provide transparency into program performance and progress.
• Translate regulatory and business requirements into actionable project plans and operational solutions.
• Partner with business, technology, data, and infrastructure teams to ensure successful delivery of regulatory initiatives.
• Drive adoption of program and change management best practices across supported initiatives.
• Proactively identify obstacles, manage escalations, and implement solutions to maintain delivery objectives.
• Communicate program status, risks, and key outcomes to senior leadership and stakeholders.

Qualifications & Experience

• Bachelor's degree or equivalent combination of education and relevant work experience.
• At least 5 years of experience in regulatory compliance, risk management, and regulatory change management within financial services.
• Strong knowledge of regulatory frameworks, governance, and risk management practices.
• Experience leading complex, cross-functional initiatives and enterprise-wide regulatory or transformation programs.
• Ability to build trusted relationships and influence stakeholders across a global organization.
• Strong analytical, problem solving, communication, and organizational skills.
• Experience partnering with business, technology, and data teams to deliver strategic change initiatives.
• Knowledge of agile delivery methodologies and change management practices.
• Professional project management or change management certification is preferred.

Hybrid

Salary Range

$114,700 - 194,900 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life and accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

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.