Senior Investment Compliance Leader

ACCA Careers; Chicago (IL); On-site; USD 115,000 - 195,000; Full time

Benefits offered by this job

401k and pension

Health & welfare benefits

Discretionary bonus program

Job summary

Northern Trust is seeking a senior compliance professional to oversee risk oversight, policy governance, and strategic execution across investment-related processes within Wealth Management. The role reports to the Head of Investment Compliance and partners with Corporate Compliance to manage training, risk, and governance across the unit.

The successful candidate will connect regulatory expectations with fiduciary obligations and provide guidance to stakeholders, including staff and business

Qualifications

• Knowledge of laws and regulations that govern financial services activities.
• Analytical and communication skills to review laws/regulations and assess impact of new regulations.
• Knowledge of investment terminology, markets, and taxation related to trust investments.

Responsibilities

• Oversees the performance management process and sets team standards.
• Ensures compliance with the code of ethics for wealth management and manages conflicts of interest in the investment process.
• Supports standing investment services committees and ad hoc unit committees as appropriate.
• Provides guidance to staff, fostering teamwork and effective communication.
• Advises business partners on applicable laws, rules and standards that may impact their businesses.
• Implements the Corporate Compliance Program within the business unit and serves as a contact point for inquiries from Corporate Compliance.
• Partners with Corporate Compliance to identify partners who require training to meet regulatory requirements.
• Develops written procedures to comply with applicable laws, regulations and standards.
• Identifies, documents and escalates compliance risks to Corporate Compliance and BU management.
• Oversees completion of compliance risk assessments and applies the compliance program guidelines to the unit.

Skills

Regulatory knowledge

Analytical skills

Communication

Job description

Northern Trust is seeking a senior compliance professional to oversee risk oversight, policy governance, and strategic execution across investment-related processes within Wealth Management. The role reports to the Head of Investment Compliance and partners with Corporate Compliance to manage training, risk, and governance across the unit.

The successful candidate will connect regulatory expectations with fiduciary obligations and provide guidance to stakeholders, including staff and business