Broker Dealer Compliance- Sr. Consultant
About The Position
The Broker Dealer Compliance- Sr. Consultant oversees interpretation, education, and effectiveness of the Compliance program. The role supports Northern Trust’s affiliate, a FINRA member broker-dealer and SEC-registered investment adviser (RIA), across responsibilities that support the compliance framework. The position leads and independently remediates compliance issues, advises business partners and senior management on programs and applicable rules, develops compliance programs and training, and maintains written guidance. It also performs inspections and controls testing, supports regulatory examinations and inquiries, owns recurring compliance operations, assesses and mitigates compliance risk, and interacts with auditors. The role reviews the work of others.
Requirements
- 10 or more years of experience, preferably in Compliance or risk management, or equivalent related experience.
- Series 24 FINRA registration and 63/66 state licensing are required.
- Series 65/66, 4, and 53 must be successfully registered within 180 days of employment.
- Knowledge of risk management and the Company’s strategic goals.
- In-depth knowledge of FINRA, SEC, and Investment Advisers Act regulations and applicable local laws, acquired through formal education and work experience.
- Strong communication and analytical skills to consult with partners and clients, analyze information, and apply regulations.
- Ability to author clear, well-organized policies, procedures, reports, and regulatory responses.
- Ability to train and present effectively to audiences at all levels, including senior management.
- Ability to design and implement projects from concept through completion.
- Proven ability to manage multiple priorities, work with minimal oversight, and build credibility with partners across the organization.
Responsibilities
- Serve as project lead and independently remediate identified issues, often working across channels and influencing change initiatives without direct authority.
- Advise business partners, including senior management, on Compliance programs and applicable laws, regulations, and rules, and keep them informed of developments that may affect their area.
- Develop Compliance programs, including training requirements, with senior management, and serve as the Company’s contact point for partner Compliance inquiries.
- Draft and maintain written guidance, including policies and procedures, Compliance manuals, codes of conduct, and practice guidelines.
- Perform compliance inspections and controls testing, document results, and track findings through resolution.
- Support regulatory examinations and inquiries by coordinating requests, drafting responses, and tracking status and findings.
- Own recurring Compliance operations, such as registration and background checks, communications, and social media review.
- Identify, document, and measure Compliance risk; enhance risk assessments; and guide management in developing policies and procedures that minimize significant risk.
- Interact with internal and external auditors on regulatory topics.
- Review the work of others.
Benefits
- Retirement benefits, including 401(k) and pension
- Health and welfare benefits, including medical, dental, vision, spending accounts, and disability
- Paid time off
- Parental and caregiver leave
- Life and accident insurance
- Other voluntary and well-being benefits
- Discretionary bonus program that may include an equity component
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
