Capital Markets, Regulatory Risk and Oversight Manager

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 Reporting to the Capital Markets CAO, the Capital Markets Regulatory Risk and Oversight Manager will lead a global team responsible for understanding the landscape of regulatory regimes that may impact Northern Trust’s Capital Market business. The Regulatory Risk and Oversight Manager will work with business unit stakeholders to mitigate regulatory risk by supporting the actions required to achieve compliance, traceability, and operational readiness. This role will include engagement with senior leaders within the business and supporting areas, collaboration with first and second line regulatory change and compliance functions, and communication with regulators. Therefore, excellent communication skills and knowledge of the Capital Markets business are essential. Key Responsibilities
Complete the organizational design of the Capital Markets Regulatory Change Team Provide leadership and guidance to the team Represent and advocate for Capital Markets at industry and internal regulatory forums Enhance the regulatory change control environment through the adoption of procedures for identifying, assessing, and implementing regulatory change Support the ongoing development of frameworks, enhanced standards, and related procedural documentation Stays abreast of regulatory changes that may impact Capital Markets globally Consult on new product, process, and client opportunities providing guidance on the regulatory impacts and respective risk profile changes Liaises with senior risk, compliance, legal, and regulatory change partners
Knowledge/Skills
Expert knowledge ofregulations, regulatory change, and regulatory oversight including the specific regulatory regimes governing Capital markets Ability to identify problems, develop, communicate, and implement solutions as needed Capable of analyzing, simplifying, and explaining complex issues in non-technical language. Excellent verbal and written communication skills necessary to interact and manage expectations with senior-level audiences, stakeholders, and management Strong organization, attention to detail, time management, planning skills, and the ability to handle multiple competing priorities Excellent interpersonal skills displaying the ability to engage diverse set of stakeholders, understand their viewpoints, build long-term relationships, create a collaborative and inspirational environment within the team Ability to influence and persuade others, implement change, and drive decision-making across a complex organizational structure
Experience Preferred
Extensive years of related experience in financial services, with a solid understanding of Capital Markets and its global regulatory obligations preferred Multi-discipline management experience preferable.
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. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. 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 #####. 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. Apply today and talk to us about your flexible working requirements and together we can achieve greater. For further information, and to apply, please visit our website via the “Apply” button below.
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