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.

We are searching for a Manager, Compliance to manage a small team in a hybrid role in Chicago.

The key responsibilities of the role may include:

Manages a Compliance team or function. Conducts the performance management process, identifies training and development needs, and establishes performance standards for the team.Determines staffing needs, makes hiring and firing decisions, handles salary administration, and ensures resources are available to accomplish priorities.Participates in developing the business unit Compliance team strategic plan and sets goals and priorities based on the direction set for the team. Follows through to ensure that objectives are met.Develops team(s) budget and manages the expenses.Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communicationAdvises business partners, including senior management, on compliance with applicable laws, rules and standards, including keeping them informed on developments.Develops Compliance programs and acts as a contact point within the company for Compliance inquiries from partners.Partners with senior management to identify Compliance programs which should require training, as well as the partners who should take certain classes.Establishes written guidance on the compliance with and implementation of applicable laws, rules and standards. This includes policies and procedures and other documents such as compliance manuals, internal codes of conduct and practice guidelines.Identifies and documents any Compliance risks associated with the company's activities.Oversees the development of Compliance risk metrics to enhance Compliance risk assessments and assess the appropriateness of the company's Compliance procedures and guidelines.

The successful candidate will benefit from having:

Knowledge of applicable laws and regulations, usually acquired through formal education and experience, is required.Analytical and communication skills are required to review laws/regulations and assess impact of new regulations and work with business partners to ensure compliance.Leadership and organizational skills are required to manage the team and to direct the team's activities.7 or more years experience, preferably in Compliance or risk management; or equivalent related experience.Experience with AML Compliance preferredManagement experience is also preferred

Salary Range:

$95,600 - 162,400 USD

Salary range is a good faith estimate of base pay. 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.

Working with Us: 

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

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! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater 

Reasonable accommodation

  

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.

 
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.