Broker Dealer Compliance- Sr. Consultant

Northern Trust • Chicago, IL

3d • $83,100 - $141,300 • Hybrid

About The Position

The Broker Dealer Compliance- Sr. Consultant oversees the 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 a broad range of responsibilities that support its compliance framework.

The consultant serves as a project lead, independently remediates identified issues, and influences change initiatives across channels. They advise business partners, including senior management, on Compliance programs and applicable laws, regulations, and rules; develop Compliance programs and training requirements; maintain written guidance; perform inspections and controls testing; support regulatory examinations and inquiries; manage recurring Compliance operations; assess and mitigate Compliance risk; interact with auditors; and review others’ work.

Applicants must be authorized to work in the U.S. without current or future employment-based visa sponsorship. Northern Trust offers a flexible, collaborative work culture and is committed to an inclusive workplace and community service.

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 required.
• Series 65/66, 4, and 53 registrations must be successfully obtained 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.
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

Nice To Haves

• Experience in Compliance or risk management.

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 inform them 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 benefits.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed