Compliance Consultant (6 Month Fixed Term Contract) Compliance Consultant (6 Month Fixed Term  …

Northern Trust
in St Peter Port, Guernsey, United Kingdom
Contract, Full time
Last application, 30 Oct 20
Northern Trust
in St Peter Port, Guernsey, United Kingdom
Contract, Full time
Last application, 30 Oct 20
Posted by:
Lisa Fogarty • Recruiter
Northern Trust
Posted by:
Lisa Fogarty

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

As a Northern Trust employee (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 that is committed to strengthening the communities we serve.             

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

Role/ Department:

As part of the EMEA Financial Crime Compliance (FCC) team, this role is in the second line of defence and will assist in the implementation of the Northern Trust Compliance model.  The Compliance function is responsible for ongoing oversight and reporting regarding regulatory obligations to senior compliance and business management.  FCC is the team that supports anti-money laundering investigation, formulates policies and framework on sanctions and anti-bribery and corruption issues as well as provides professional advice to first line business partners to ensure compliance with Northern Trust Anti-Money Laundering and Counter Terrorism Financing policies and regulatory requirements.

This role is responsible for overseeing the review, interpretation, and dissemination of current and proposed laws and regulations. The individual provides consultation and advice to partners regarding Compliance risk avoidance. Participate in the establishment of business development strategies to minimize risk and assure compliance with applicable laws and regulations.

The key responsibilities of the role include:

  • Advises business partners, including senior management, on Compliance programs and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area.
  • Develops Compliance programs and acts as a contact point within the Company for Compliance inquiries from partners.
  • Establishes written guidance on the appropriate implementation of Compliance programs and laws, regulations, rules and standards, through policies and procedures and other documents, such as Compliance manuals, internal codes of conduct and practice guidelines.
  • Assists senior management in developing Compliance programs and identifying partners who are required to take certain training
  • Identifies, documents, and measures Compliance risk to enhance Compliance risk assessments and assess the appropriateness of the company's Compliance procedures and guidelines.
  • Identifies situations which may pose significant risk and guides management in developing policies and/or procedures that minimize such risk.
  • Interacts with business partners, regulators, and internal and external auditors on regulatory topics.
  • Operates independently; has in-depth knowledge of Compliance risk avoidance.
  • Serves as a subject matter expert or other resource within a group for regulatory Compliance matters.
  • Reviews work of others.
  • Project lead.

Skills/ Qualifications:

The successful candidate will benefit from having:

  • Knowledge of risk management and the Company’s strategic goals.
  • In-depth knowledge of regulations and local laws acquired through formal education and work experience is required.
  • Communication and analytical skills are necessary to consult with partners/clients, and analyse information and apply regulations.

Knowledge and Skills

  • Understanding of key regulations
  • ICA or other relevant AML/Financial Crime certification preferred
  • Experience of working with or in an FCC team
  • Experience providing compliance advisory
  • Able to work with a cross section of teams across multiple locations
  • Strong analytical and organisational skills, a collaborative approach to work, with strong interpersonal skills
  • Detail oriented
  • Ability to use initiative and work unsupervised in a proactive manner
  • 5+ years of related experience   

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review

Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days

Health & Wellbeing – Private Medical Insurance, Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally

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.


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