Consultant, Regulatory Risk and Oversight

Consultant, Regulatory Risk and Oversight

locations

Manila, Philippines

time type

Full time

posted on

Posted Today

job requisition id

R158465

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Major Duties

• Project manage assigned regulatory change events under the direction and with the support of a Regulatory Risk Management Specialist, coordinating activities across the applicable stages of the regulatory change lifecycle.
• Develop and maintain delivery plans for assigned regulatory change events, including activities, milestones, dependencies, risks, issues, decisions, actions and stakeholder responsibilities.
• Coordinate the engagement of subject matter experts and impacted business, functional and legal-entity stakeholders to support the completion of regulatory applicability, interpretation, scoping, impact and gap assessments.
• Support Regulatory Risk Management Specialists in facilitating discussions to assess the impact of regulatory developments on APAC legal entities, business units, products, services, processes and operations.
• Coordinate the documentation of implementation requirements, accountable owners, target completion dates, dependencies and required evidence arising from regulatory impact and gap assessments.
• Monitor the progress of regulatory change events and associated implementation or remediation activities, follow up on outstanding actions and escalate delays, risks, issues or unresolved dependencies to the supporting Regulatory Risk Management Specialist.
• Coordinate regulatory change governance activities, including preparing meeting materials, maintaining agendas and action logs, documenting decisions and supporting the presentation of regulatory change events at relevant working groups and governance forums.
• Maintain complete, accurate and current regulatory change records, including applicability rationales, assessments, traceability matrices, delivery documentation, supporting evidence, status updates and governance decisions.
• Administer regulatory change events within applicable workflow and recordkeeping systems, supporting d