Consultant, Fund Governance & Regulatory Administration

Northern Trust • Boston, MA

31d

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. Consultant, Fund Governance & Regulatory Compliance Job Summary As a Consultant, you’ll be a day‑to‑day partner to investment fund clients, supporting regulatory filings, fund Board meetings, and governance deliverables under the Investment Company Act of 1940 (the “’40 Act”). This is a hands‑on, client‑facing role. The successful individual will manage high‑impact work tied to ’40 Act filings, board materials, and compliance testing, working directly with clients while collaborating closely with legal and compliance experts.

Requirements

• A college or university degree in Business Administration, Finance, Economics, Accounting, or a related field, and/or relevant proven work experience is preferred
• Hands-on experience with the Investment Company Act of 1940
• Direct experience preparing regulatory filings, including Form N-1A (N-PX and Schedule 14C preferred)
• Proven experience supporting fund Board governance, including agendas, minutes, and resolutions
• Experience with compliance testing, audits, and regulatory administration
• Proven experience with client-facing written and verbal communication skills
• Strong attention to detail with the ability to manage multiple timelines and deliverables

Nice To Haves

• Prior experience as a paralegal in a financial institution a plus

Responsibilities

• Prepare regulatory filings under the Investment Company Act of 1940, including Forms N-1A, N-PX, and Schedule 14C
• Support fund Board governance, including preparation and distribution of agendas, minutes, resolutions, and notices
• Manage board meeting logistics, calendars, and governance documentation
• Serve as a primary client-facing contact for board governance, regulatory administration, and compliance matters
• Participate in compliance testing, audits, and regulatory reviews
• Maintain regulatory calendars, responsibility matrices, and supporting documentation
• Assist with client and product initiatives, including regulatory analysis and solution design

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level