at Northern Trust Company in Chicago, Illinois, United States
Job Description
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.
The Global Regulatory Affairs Office (GRAO) is responsible for overseeing the enhancement of our risk management and controls, remediation of regulatory and audit findings and the administration of regulatory affairs, including establishing a centralized and sustainable connection point for global regulatory communications, ensuring preparedness for examinations.
The Regulatory Engagement Manager role reports to the Regulatory Communications Framework team that is responsible for the day-to-day management of regulatory relationships. The primary responsibility of the Regulatory Engagement Manager is to manage and provide consistency to ongoing regulatory interactions across the organization. The role holder will need the ability to manage multiple priorities in a fast paced environment and exercise good judgment in a variety of situations. The Regulatory Engagements Manager must be able to work under pressure at times to handle a wide variety of activities and confidential matters with discretion and attention to detail. The ideal candidate will have a track record of exam management or regulatory relations experience, working with diverse, cross-functional teams and facilitating needs from stakeholders across the organization.
The key responsibilities of the role include:
- Coordinate regulatory engagements conducted by Northern Trust's regulators. Work closely with relevant subject matter experts and stakeholders to prepare for meetings and lead designated meetings, inclusive of the development and execution of meeting prep strategy.
- Keep detailed records of regulatory engagements, providing strategic advice and regular updates to management regarding the matters being handled, including, but not limited to, the timely escalation and resolution of potential issues.
- Develop "regulatory ready" training and facilitate ongoing training sessions.
- Ability to communicate effectively to ensure there is a clear and concise understanding of expectations.
- Execute and maintain best practices, standards, and toolkit to strengthen capabilities around execution of a consistent communications framework.
- Continuously improve and optimize projects towards efficiency, productivity, and quality standards.
- Manage engagements with a forward-looking mindset, i.e., proactively anticipate any potential issues, prevent them and/or define pragmatic contingency plans.
- Proactively manage dependencies, identifying common regulatory themes to develop and support the communication framework for the firm.
- Timely escalate and relentlessly pursue resolution of any roadblocks with a clear, end-to-end ownership mindset.
Demonstrates flexibility and agility to pivot to new and/or changing priorities
- Ability to work with multiple partners in cross-functional groups at various levels throughout the organization
- Maintains confidentiality of correspondence records, presentations and reports in a central repository system
- Prioritizes and handles multiple projects with accuracy
- Delivers...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
