Compliance Analyst

Northern Trust • Chicago, IL

2d • Hybrid

About The Position

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. Seeking a motivated individual to join a leading investment management firm’s compliance program focused on alignment with industry best practices for regulatory compliance (trading, sales, marketing, ethics, board reporting). The position provides the opportunity to develop broad investment experience within the Asset Management Compliance group at Northern Trust Asset Management. Direct exposure to executive management through the development and support of the firm’s compliance programs for Registered Investment Advisers, Private Funds, Mutual Funds and Exchange Traded Funds. Candidate will develop an in-depth knowledge of regulations and local laws through on the job training. Operates with the support of experienced staff and senior management. Candidate will develop into serving as a subject matter expert for regulatory investment compliance matters.

Requirements

• Bachelor's Degree
• 1-3 years of related experience
• Knowledge of applicable laws and regulations, usually acquired through formal education or experience, is preferred to review Compliance policies and procedures in order to ensure their adequacy and to monitor compliance.
• Analytical and communication skills required to analyze and summarize information.
• Organizational skills required to coordinate compliance activities.

Responsibilities

• With guidance from senior team members analyzes and supports business partners with advice on applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area.
• With guidance from senior team members, supports the establishment of 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 and administering Compliance programs.
• Supports compliance and risk data analytics and metrics to enhance Compliance risk assessments and assess the appropriateness and effectiveness 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, clients, regulators, and internal and external auditors on regulatory topics.

Benefits

• Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.
• Northern Trust also provides a discretionary bonus program that may include an equity component.
• 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!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees