Compliance Analyst at Northern Trust in Chicago, IL

Summary: Northern Trust is a globally recognized financial institution that has been in operation since 1889. They are seeking a motivated individual to join their compliance program, focusing on regulatory compliance and providing support to business partners on applicable laws and regulations. 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 - 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 Required Qualifications: - 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 Required Skills: Regulatory compliance, Compliance programs, Investment compliance, Compliance policies, procedures, Risk assessments, Data analytics, Analytical skills Benefits: 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, Other voluntary and well-being benefits, Discretionary bonus program that may include an equity component