Senior Regulatory Reporting Consultant | Data & Compliance

ntrs; Chicago (IL); On-site; USD 110,000 - 140,000; Full time

Job summary

Northern Trust is seeking a Senior Consultant in Chicago to own complex, multi‑jurisdictional regulatory filing programs and to drive scalable control frameworks, data processes, and client advisory practices for regulatory reporting. You will liaise with technology, compliance, fund accounting, and senior client stakeholders.

The role requires deep knowledge of Form PF, AIFMD, CPO‑PQR, SEC Form ADV, TIC and advanced Excel with scripting capabilities.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics, or a related quantitative discipline; advanced degree (MBA, MS) preferred.
• 4-7 years of progressive experience in regulatory reporting, fund administration, investment operations, or a closely related financial services function.
• Deep expertise in at least two regulatory frameworks relevant to alternative investments (e.g., Form PF, AIFMD, CPO-PQR, SEC Form ADV, TIC), with working knowledge of a broader regulatory landscape.
• Advanced proficiency in Microsoft Excel and at least one analytical or scripting environment (Python, SQL, or equivalent).
• Proven ability to independently manage complex, deadline‑sensitive work

Responsibilities

• Serve as the accountable subject‑matter authority for a defined portfolio of regulatory filing programs spanning Form PF, AIFMD Annex IV, CPO‑PQR, SEC Form ADV, and TIC reporting, ensuring end‑to‑end quality, timeliness, and compliance
• Proactively monitor regulatory guidance issued by the SEC, CFTC, FCA, ESMA, and other authorities; perform impact assessments and translate regulatory change into actionable operational updates ahead of effective dates
• Act as the internal escalation authority for complex data exceptions, regulatory interpretation questions, and edge‑case filing scenarios, partnering closely with clients and external teams as needed
• Lead post‑submission quality reviews and root‑cause analyses, producing structured findings and remediation plans that measurably reduce risk recurrence
• Operate as a primary senior point of contact for a portfolio of institutional hedge fund clients, providing proactive, solutions‑oriented guidance on regulatory obligations, data requirements, and emerging regulatory developments
• Develop and deliver client‑facing materials including regulatory briefings, filing summaries, exception analyses, and forward‑looking impact assessments
• Partner with Relationship Management and senior leadership on client onboarding, expanded mandate scoping, regulatory feasibility analysis, and responses to investor and regulatory inquiries

Skills

Regulatory reporting

Financial operations

Attention to deadlines

Education

Bachelor's degree in Finance/Economics/Accounting/Math/Statistics

MBA or MS preferred

Tools

Excel

Python

SQL

Job description

Northern Trust is seeking a Senior Consultant in Chicago to own complex, multi‑jurisdictional regulatory filing programs and to drive scalable control frameworks, data processes, and client advisory practices for regulatory reporting. You will liaise with technology, compliance, fund accounting, and senior client stakeholders.

The role requires deep knowledge of Form PF, AIFMD, CPO‑PQR, SEC Form ADV, TIC and advanced Excel with scripting capabilities.