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. Role/ Department: Northern Trust is recruiting for an Associate Auditor to join the Audit Services function to focus on audits of Northern Trust's asset servicing activities. The Asset Servicing and International (ASI) Audit Team within Audit Services is responsible for providing assurance focused on Northern Trust's middle and back office operations, which consist of core banking (i.e., loans and deposits) and asset servicing (e.g., custody services, transfer agency, fund accounting). Additionally, team members evaluate and advise on the implementation of new and emerging technologies and product offerings. The role offers an excellent opportunity for the successful candidate to contribute to the enhancement and further growth of the global Audit Services team. Through engagement with other team members, you will work to execute audit engagements of a global nature. Success is measured by the comprehensiveness of the workpapers, quality of the audit testing, timeliness of the deliveries and your ability to foster relationships both internally in the audit department and with key stakeholders. The key responsibilities of the role include: Evaluate the adequacy and effectiveness of internal controls Assist in determining the audit scope and audit testing approach, in conjunction with the Auditor In Charge and Audit Manager Apply analytical skills to review information and determine potential control weaknesses Understand and execute test steps to assess the design and operating effectiveness of the control and/or control environment Complete and document a high quality summary of findings for review Participate in meetings with business units to communicate audit results as well as validating findings with business management Apply data analytics methods to facilitate the evaluation of risks and controls Supports on issue tracking and validation testing of closure of issues Contribute to the further enhancement of the audit services process and provide input to special projects, as assigned Develop a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards Skills/ Qualifications: The successful candidate will benefit from having: A College or University degree and/or entry level auditing experience in a financial institution Knowledge of auditing in the financial services industry and related work experience Professional certifications (e.g., CRCM, CIA, CPA) and/or an MBA along with demonstrated knowledge in select areas (e.g., regulatory compliance, risk management, etc.) are preferred Analytical and organizational skills are necessary to conduct audits Excellent in verbal and written communication (i.e., report writing) Results oriented, focused on completing projects timely and of high quality 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 . 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.
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. Role We are currently recruiting for a Senior Consultant within our growing Private Equity Fund Accounting department. This is a pivotal role within the overall division. The Senior Consultant has responsibility for reviewing the work of a team and is also tasked with monitoring workloads, and ensuring adherence to Service Level Agreements. The Senior Consultant is also responsible for providing leadership for the team and ensuring an excellent working environment at all times. Principal Responsibilities Assist in managing an ever expanding Private Equity team within our Limerick operation. Deliver high quality service to clients - both internal and external - by accurate, timely completion of all assigned tasks and requests for information Organise workload and Team members in an efficient and effective manner Ensure Net Asset Values (NAVs) and Valuations are completed in an accurate and timely manner Look to meet and improve the preparation of client reporting Seek to learn quickly and strive to continually improve service offered. Create and maintain a respectful and productive work environment Deliver training /coaching effectively. Understand risk in own team, help others to understand this and to recognise that risk is everyone's responsibility. Active liaison with clients and external auditors, dealing with audit queries. Ensuring agreed client service levels and regulatory filing deadlines are met. Addressing partner issues and development of indirect reports on the team, providing objective and regular feedback to staff. Assist the Department in the annual targets of the business including the development of the offshore team and the automation of the Private Equity's accounting platform Investran. Has responsibility for assisting with the development and execution of the department's strategic plans, goals and priorities. Responsible for the delivery of high quality service to each of the clients assigned to their team. Liaises with new clients to determine fund structure and level of detail required to support striking of NAV. Communicates effectively with clients, investors and associated parties on fund activities. Keeps abreast of current activities in the Private Equity market as well as industry and regulatory developments. Skills /Experience Holds a recognised Professional Accounting Qualification with extensive post QE experience. Detailed knowledge of Irish/UK GAAP/US GAAP and IFRS. Working knowledge of the Irish regulatory /tax regime as it relates to Fund Accounting and Financial Reporting. Knowledge of or willingness to quickly gain knowledge of Private Equity Fund Administration. Client service orientation Ability to develop a team Good attention to detail Demonstrates willingness to support with daily BAU where necessary to support the team and to help others outside team Good prioritisation and multi-tasking Strong problem solving skills Organises own workload and establishes priorities Demonstrates good knowledge of standards and procedures required for own tasks Excellent PC skills especially MS Excel Ability to participate in systems development projects. A track record in optimising system use and automating processes where possible Demonstrate leadership and team-building qualities and ability to motivate a others around them Ability to communicate clearly and concisely 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 . 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. Benefits: Work From Home
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. Role/ Department: The Private Equity department has been based in Limerick since 2007. As a member of the Private Equity Department, reporting to a Team Leader within the team, the successful candidate will assist in all aspects of the administration of Private Equity Funds including fund accounting, transfer agency and financial reporting. The Private Equity team consists of a team of 40 dynamic partners and continues to grow. Our clients include some of the most highly successful Private Equity houses globally. We use best-in-breed systems and cutting edge technology to deliver excellent service to our clients. Recently Northern Trust was named Global Private Equity Fund Administrator of the Year by the Global Investor Group. The key responsibilities of the role include: Responsible for the delivery of high quality service to each of the clients assigned to their team. Manages the preparation of interim and annual financial statements for PE Funds including the completion of consolidated financial statements for complex structures and listed entities. Active liaison with clients and external auditors, dealing with audit queries. Ensuring agreed client service levels and regulatory filing deadlines are met. Oversee the preparation of regulatory returns, including compliance reports, Central Bank and CSO returns. Ensures NAV's are issued accurately and within defined timeframes. Control the accurate and timely payment of operating expenses. Ensures that operating arrangements are clearly established on inception of a fund. Ensures that documentation, legal and compliance issues are complete. Preparation, review & collation of reports for board packs Skills/ Qualifications: Holds a recognised Professional Accounting Qualification (preferable) with a number of years' experience. Detailed knowledge of Irish/UK GAAP/US GAAP and IFRS. Working knowledge of the Irish regulatory /tax regime as it relates to Fund Accounting and Financial Reporting. Knowledge of or willingness to quickly gain knowledge of Private Equity Fund Administration. Ability to work well as part of a team. Demonstrates commitment to producing high quality work and to timeframes required. Support with daily BAU where necessary to support the team. 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 . 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. Benefits: Work From Home
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. About the Role We are currently recruiting for opportunities in Financial Reporting at Accountant, Consultant in our Limerick office. We look for people with Accounting and supervisory/ management experience in the performance of Financial Statement related activities: liaising with clients, auditors, investment managers. One will also be expected with operate within scheduled timeframes and resolves non routine queries. Why choose a career in Financial Reporting with Northern? Northern Trust has demonstrated a continued commitment to investing in Ireland; our Financial Reporting Accounting team has grown exponentially and we now have over 120 partners in our Limerick and Manila offices Our Financial Reporting team provides an end to end Financial Reporting service onsite in Ireland which complements other client services provided in Ireland, such as Custodian, Fund Accounting and Transfer Agency Services We invest heavily in our people and offer a customized, individually dedicated Financial Reporting training program to ensure our people can realise their full potential and avail of the diverse range of career opportunities within Financial Reporting and Northern Trust Ireland To complement the company culture, we support our employees' efforts to balance work and home life, in part by offering family-friendly programs and alternative/flexible work situations Our modern compensation package is highly competitive and moreover, intuitive to your stage of life and career Principal Responsibilities of the Role Ensure Financial Statements are completed in an accurate and timely manner Carry out duties in accordance with procedures and SDs Work closely with Manager on various processes / projects Ensure all client interactions are dealt with in a professional & timely manner Skills / ExperienceRequired Procedural knowledge Customer Service Orientation Concern for Quality Team Working Organisation and planning Resilience and Self Control Problem solving Computer Skills - Excel, Word etc. Industry Knowledge - Knowledge of financial instruments, Valuations business & Central Bank regulations an advantage Business or financial services qualification or studying for same. This is not essential but would be an advantage; Strong experience as an Accountant with evidence of quality checking team's work Effective in the use of a variety of communication methods. Identify and 'own' problems, correct them as far as is possible and refer as/if appropriate. 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 . 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.
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. About the Role We are currently recruiting for multiple opportunities in Fund Accounting across all levels: Fund Accountant, Team Leader and Manager in our Limerick & office. We look for people with Fund Accounting and supervisory/ management experience in the performance of Fund Accounting related activities: evaluates and reconciles complex funds including mutual, commingled, and collective for production of client month-end reports or for daily valuation. One will also be involved in verifying complex transactions, audits income reports within scheduled timeframes and resolves exceptions on a daily basis for fund accounts. Why choose a career in Fund Accounting with Northern? Northern Trust has demonstrated a continued commitment to investing in Ireland; our Fund Accounting team has grown exponentially and we now have over 250 partners in our Limerick and Dublin offices Our Fund Accounting team provides an end to end Fund Accounting service onsite in Ireland which complements other client services provided in Ireland, such as Custodian, Financial Reporting and Transfer Agency Services We invest heavily in our people and offer a customized, individually dedicated Fund Accounting training program to ensure our people can realise their full potential and avail of the diverse range of career opportunities within Fund Accounting and Northern Trust Ireland To complement the company culture, we support our employees' efforts to balance work and home life, in part by offering family-friendly programs and alternative/flexible work situations Our modern compensation package is highly competitive and moreover, intuitive to your stage of life and career Principal Responsibilities of the Role General Ensure Valuations are completed in an accurate and timely manner Carry out duties in accordance with procedures and SDs Work closely with Manager on various processes / projects Ensure all fees / expenses are paid on time Skills / ExperienceRequired Procedural knowledge Customer Service Orientation Concern for Quality Team Working Organisation and planning Resilience and Self Control Problem solving Computer Skills - Excel, Word etc. Industry Knowledge - Knowledge of financial instruments, Valuations business & Central Bank regulations an advantage Business or financial services qualification or studying for same. This is not essential but would be an advantage; Strong experience as a Fund Administrator /Accountant with evidence of quality checking team's work Effective in the use of a variety of communication methods. Identify and 'own' problems, correct them as far as is possible and refer as/if appropriate. 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 . 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.
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. Role/ Department: As the Pre-Approval Controlled Function ("PCF") Head of Compliance (PCF-12), subject to Central Bank of Ireland ("CBI") approval, the individual would be responsible for executing the day-to-day Head of Compliance responsibilities for the Northern Trust Company Ireland Branch ("TNTC-IB" - *subject to CBI authorisation*). The role is designated as a Material Risk Taker (MRT). Responsible for the design, setting the tone and direction for the Compliance programme, managing the activities of the Compliance Function resource and providing guidance on compliance issues for the entity. As part of the senior management team, provide leadership and guidance to the planning, organisation, direction and control of the activities in the Compliance function for TNTC-IB. The key responsibilities of the role include: Extensive compliance, regulatory or risk experience, with the ideal candidate having worked within a credit institution and having a strong banking knowledge and an understanding of to how they operate Execute the day-to-day Head of Compliance responsibilities for TNTC-IB in accordance with the PCF-12 Statement of Responsibilities Implementation of the NT Compliance Risk Framework for TNTC-IB This includes the areas of Compliance Risk Assessment, Monitoring and Testing, Regulatory Change, Compliance Policies and Management Reporting Monitoring, and on a regular basis, the adequacy and effectiveness of measures and procedures put in place to detect any risk of failure by the branch to comply with its regulatory and supervisory obligations, as well as associated risks Advise and assist the relevant persons responsible for carrying out regulated activities to comply with the branch's regulatory obligations Ensuring the compliance function has the necessary authority, resources, expertise and access to all relevant information Ensuring the relevant persons involved in the compliance function should not be involved in the performance of services or activities they monitor Ensuring the method of determining the remuneration of the relevant persons involved in the compliance function should not compromise their objectivity Manage the relationship with the CBI and serve as the primary point of contact for exams and all other regulator engagement; Responsible for regulatory oversight, at the Corporate level of Compliance policy development and/or evaluation of regulatory policies and procedures Point of contact for regulatory examinations for TNTC-IB and internal and external audits of Compliance-related topics Deliver the annual Compliance Programme of work for the legal entity Have a full understanding of the TNTC-IB strategy, business operations, regulatory landscape and industry trends Work closely with the TNTC-IB Management Committee and Senior Management team, serving as compliance representative at relevant governance forums, and ensuring independence from the first line of defence Act as trusted advisor, providing constructive engagement and challenge on core activities and advising on group-wide compliance initiatives impacting the legal entity Act as subject matter expert on all regulations impacting the legal entity Advise business partners, including senior management, on compliance with applicable laws, rules and standards, including keeping them informed on developments with business procedures and processes Oversees the development of Compliance programs Partners with senior management to identify Compliance programs which should require training, as well as the partners who should take certain training Establish written guidance on 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 Identify, document and, as necessary, escalate Compliance risks associated with the Company's activities Oversee the development of Compliance risk metrics to enhance Compliance risk assessments and assess the appropriateness of the Company's Compliance procedures and guidelines Culture: Working with the TNTC-IB Management team, develop and maintain organisational culture, values and reputation in the market and with all partners, clients, suppliers, counterparties and regulatory bodies Set the tone from the top for TNTC-IB through creating a culture where everyone has ownership and responsibility for doing the right thing in accordance with the Central Bank (Individual Accountability Framework) Act 2023 Act as a role model and demonstrate behaviours in a way that is aligned to the global conduct framework and enforces the values and ethical standards of the business. Skills/Qualifications The successful candidate will benefit from having: Thorough knowledge of applicable laws and regulations, Compliance-related requirements, and risk mitigation techniques, usually acquired through formal education and experience, is required to manage the function Leadership and organizational skills are required to manage the function and to direct their activities Able to think strategically, navigate and communicate effectively across a complex organisation Analytical and communication skills are required to review laws/regulations and assess impact of new regulations and work with line areas to oversee and manage Compliance activities. Extensive compliance, regulatory or risk experience, with the ideal candidate having worked within a credit institution and having a strong knowledge of how they operate Successful track record in delivering a compliance program for a regulated entity Experience in managing the relationship with the Central Bank of Ireland or other regulator Able to think strategically, navigate and communicate effectively across a complex organisation Highly motivated and resilient Excellent verbal and written communications skills, with strong attention to detail Confident in making decisions and addressing conflict Highly flexible and adaptable to change Note: This role will be subject to the Senior Executive Accountability Regime (SEAR), which imposes a legal Duty of Responsibility on persons carrying out this Pre-Approval Controlled Function (PCF) role. 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 . 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.
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. Role/ Department: As a Senior Consultant Tax Specialist in the Transfer Agency (TA) department you will be responsible for providing comprehensive, in-depth technical guidance, tax compliance, operational support and direction on tax matters within the Transfer Agency business and its impact within the broader Northern Trust business. You will be an individual contributor within the TA Tax team, you will be responsible for ensuring that all tax regulatory filings are completed accurately and on time. The key responsibilities of the role include: Complete and review Investment Undertaking Tax (IUT) and 8th year deemed disposal tax calculations Complete and review tax reporting to ensure reports (IUT and FATCA & CRS) are accurately prepared and submitted in a timely manner Provide timely and accurate information to clients and management on tax reporting Ensure operating procedures are maintained, with the overall objective of enhancing the client experience to maintain the service quality Respond promptly and appropriately to queries received from clients, investors and internal teams Escalation point for unresolved tax issues from other TA teams Work with the team, internal departments and group project teams on any allocated projects Participating at client meetings, department meetings and induction training on behalf of the team Work with internal departments to evaluate and implement changes in proposed new regulations and to ensure that all requirements are met Provide ongoing tax technical guidance and operational support to TA teams Skills/ Experience Required: A College or University degree and/or relevant work experience Operational experience in a Transfer Agency or Tax role is preferred Numerically competent with strong problem solving and analytical skills Ability to review and resolve complex issues in a timely manner Strong planning and organizational skills Attention to detail and solid documentation techniques Excellent verbal and written communication skills Ability to collaborate effectively across teams Ability to complete activities and projects with minimal supervision Ability to meet strict deadlines by multi-tasking and prioritising assigned deliverables Flexible approach towards changing work methods, deadlines, and variable workloads 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 . 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.
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. Role/ Department: As the Pre-Approval Controlled Function ("PCF") Chief Risk Officer (PCF-14), the individual will be responsible for the development, and ongoing maintenance, of the Northern Trust Company Ireland Branch ("TNTC-IB" - *subject to CBI authorisation*) risk management framework and will have distinct responsibility for the risk management function, subject to Central Bank of Ireland ("CBI") approval. The role is designated as a Material Risk Taker (MRT). The role holder will be responsible for effective risk management policies, procedures and processes to identify, measure, manage and monitor risks across all risk categories, both financial and non-financial, ensuring that risks are managed within agreed appetite limits set, and reporting on those risks as appropriate. The key responsibilities of the role include: Execute the day-to-day responsibilities of the Chief Risk Officer for TNTC-IB, including the application of the Corporate risk management framework for the entity and ensuring continuous measuring, monitoring and controlling of risk is in place; Responsible for ensuring that the branch has effective processes in place to identify and manage the risks to which the branch is or might be exposed, including both Financial and Non-Financial risks; Coordinate and document risk management in accordance with laws, regulations and policies in accordance with the TNTC-IB business model; Oversee the development and implementation of risk management policies, where necessary to meet regulatory expectations; Risk oversight including development and embedding of an appropriate risk management framework, risk appetite statement, risk tolerance thresholds and related risk reporting for TNTC-IB; Oversee, plan and direct the activities for the risk management function, ensuring that objectives are being met; Provide counsel to business unit managers on risk management issues; Participate in and/or present to senior management at the Branch Management Committee, and other working groups and committees that are part of the governance of the entity; Member of the Branch Risk Management Committee, providing second line challenge and oversight; Accountable to the management body for the activities of the independent risk management function of TNTC-IB; Monitors applicable legislative and regulatory changes and communicates changes to affected business units. Abides by all regulatory requirements and handling regulatory interaction as appropriate; Acts in accordance with the PCF 14 Statement of Responsibilities for TNTC-IB; Manage all aspects of function with due skill, care and diligence including effective controls, risk management and mitigation and delegation of activity to appropriate skilled and competent persons; Comply with any applicable corporate policies, local standards and service agreements; Culture: Working with the TNTC-IB Management team, develop and maintain organisational culture, values and reputation in the market and with all partners, clients, suppliers, counterparties and regulatory bodies; Set the tone from the top for TNTC-IB through creating a culture where everyone has ownership and responsibility for doing the right thing in accordance with the Central Bank (Individual Accountability Framework) Act 2023 Conduct Standards; Act as a role model and demonstrate behaviours in a way that is aligned to the global conduct framework and enforces the values and ethical standards of the business. Skills/Qualifications: The successful candidate will benefit from having: Extensive risk experience, with the ideal candidate having experience within a credit institution with strong understanding on custody banking, transactional banking and broader ancillary operations; Thorough knowledge of Corporate, industry and Business Unit activities, compliance related requirements and risk mitigation techniques, is required to manage the function; Knowledge of business strategy development is necessary to provide long term planning and to manage the performance of the risk management function; Leadership, organizational skills, and strategic vision are required to direct the activities for multiple units and to provide thought leadership and consulting throughout the business unit and/or the organization; Analytical and communication skills are required to review/approve policies and procedures and to work with line areas to oversee and manage risk activities. Extensive industry experience, including significant exposure to key elements of risk, including financial and non-financial risk management, compliance and legal; Able to think strategically, navigate and communicate effectively across a complex organisation; Highly motivated and resilient; Excellent verbal and written communications skills, with strong attention to detail; Confident in making decisions and addressing conflict. Note: This role will be subject to the Senior Executive Accountability Regime (SEAR), which imposes a legal Duty of Responsibility on persons carrying out this Pre-Approval Controlled Function (PCF) role. 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 . 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.
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. Role/ Department: As the Pre-Approval Controlled Functions ("PCF") Head of Anti-Money Laundering and Counter Terrorist Financing Compliance (PCF-52), subject to Central Bank of Ireland ("CBI") approval, the Head of AML will be responsible for managing the Anti-Money Laundering ("AML") requirements with respect to the Northern Trust Company Ireland Branch ("TNTC-IB" - *subject to CBI authorisation*). The role is designated as a Material Risk Taker (MRT). Individual will be responsible for providing comprehensive and timely information on the branch's Money Laundering, Terrorist Financing and Financial Sanctions risks, to enable the Branch Management Committee to understand the overall risk profile of the branch. Reporting to the International Head of Financial Crime Compliance and working within the second line of defence, the MLRO has primary responsibility for ensuring a comprehensive AML and Economic Sanctions framework is in place for the firms through the provision of advice, assurance and assessment of controls. The key responsibilities of the role include: AML Framework: Develop a strong understanding of the branches operations, products/services, systems and associated risks/controls. Apply and maintain an AML/CTF risk assessment framework in line with regulator expectations and NT policies and standards. Be fully conversant in financial crime regulatory change and represent the organisation on, and participate in, industry working groups and forums. Develop, review and enhance AML policies and standards to ensure continued compliance with Irish and international requirements arising from multi-jurisdictional activities. Provide technical expertise to senior management to manage their relevant regulatory and legal requirements. Interact directly with other key risk functions including Legal, Operations and Fraud teams. Work with Regional and Global AML compliance colleagues in other geographical locations to enable the development of global standards, knowledge transfer and best practice. Provide appropriate reporting at various governance approval committees and deliver annual AML Director Compliance training to members of the Branch Management Committee. Establish and maintain profile with the Branch Management Committee as a leading AML Subject Matter Expert (SME), promoting a culture of AML compliance and risk awareness. AML Monitoring: Full oversight of unusual activity investigations and suspicious activity reporting, including the timely investigation and escalation of potential money laundering, terror financing, fraud or other criminal activities to relevant stakeholders. Develop a programme of oversight in relation to activities performed as part of the global AML shared services model, including creation and maintenance of Service Level Descriptions and KPIs. Develop and implement a risk based monitoring plan to provide assurance over the firms' AML, CTF and Sanctions compliance framework. Review new business activities to ensure they are assessed for compliance and potential risks. Participate directly in projects ensuring Irish business and AML regulatory needs are being met and deputise for/represent the Head of Compliance at various forums where required. Regulator Coordination: Investigate and submit suspicious transactions reports to the Financial Intelligence Unit (FIU) and Revenue Commissioners. Act as the primary contact for all AML regulatory reviews and inspections conducted by regulators, including the Central Bank of Ireland. Culture: Working with the TNTC-IB Management team, develop and maintain organisational culture, values, and reputation in the market and with all partners, clients, suppliers, counterparties, and regulatory bodies Set the tone from the top for TNTC-IB through creating a culture where everyone has ownership and responsibility for doing the right thing in accordance with the Central Bank (Individual Accountability Framework) Act 2023 Act as a role model and demonstrate behaviours in a way that is aligned to the global conduct framework and enforces the values and ethical standards of the business. Skills/Qualifications: The successful candidate will benefit from having: Sufficient experience and seniority and proven fitness and probity to satisfy the requirements of a PCF-52. Comprehensive knowledge and experience in applicable AML laws, regulations, and industry trends that impact their assigned line of business. Ability to maintain independence from management and front line while having the ability to work well with all levels of the organisation. An influencer who engenders trust and builds relationships at all levels whilst acting with integrity. Strong analytical skills and a clear thinker with the ability to analyse, communicate and report in a clear, concise and effective manner to all levels of management. Ability to identify issues and associated risks, and provide practical solutions to a wide range of issues. Ability to work efficiently, meet demanding deadlines and balance multiple tasks. A self-starter who uses their own initiative to constantly develop. Note: This role will be subject to the Senior Executive Accountability Regime (SEAR), which imposes a legal Duty of Responsibility on persons carrying out this Pre-Approval Controlled Function (PCF) role. 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 . 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.
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. About the Role This is a newly created individual contributor position within the Global Regulatory Affairs Office. The successful candidate will report to the Director, Strategic Validation Testing. The successful candidate will bring proven expertise in financial services assurance and validation testing activities and will contribute to the design and execution of the significant remediation quality control/validation testing plan. Significant remediation activities will include those of regulators and internal audit. The candidate will interact and build relationships with senior management across Northern Trust. Additionally, the candidate will use their technical ability in the execution of the remediation quality control/validation testing plan. This individual will play a key role in managing and executing Northern Trust's remediation quality control/validation testing program, ensuring alignment with regulatory expectations and translating multiple requirements into a balanced validation program. The seasoned professional supplies subject matter expertise, and execution rigor to enable management and coordination of issue validation and related testing activities. The key responsibilities of the role include: Leadership Demonstrate excellent communication and leadership to influence a wide range of stakeholders Demonstrate strong initiative, project management, people skills, sound decision-making, intuitive thinking, and sensitivity to cultural diversity Display strong presentation and influence skills Technical / Operational Establish and develop strong working relationships with key stakeholders Accurately design and execute the quality control/validation approach and ensure that quality control/validation documentation is clear, concise, supports the reviews performed, and explains decisions made Identify and analyze risks, plan and prioritize validation tasks for on-time delivery, conduct interviews, observe operations, document and analyze processes and controls Exercise responsibility over the execution of assigned regulatory validation projects and/or deliverables to ensure that work is performed prompt and accurately, including leading and overseeing the testing team's execution Develop and show an understanding of the business risks, controls, and processes, along with an understanding of relevant laws, regulatory rules and knowledge of the impact of systems within areas reviewed Escalate and/or communicate with relevant stakeholders to discuss the issues raised during the quality control/validation activities and agree path forward for resolution The successful candidate will benefit from having: Several years experience in financial services, with proven control testing experience in a financial institution, or similar consultancy experience in the financial services industry Experience in internal audit, or risk management, with in depth experience in risk management frameworks Superior analytical and organizational skills Ability to work under pressure Ability to multitask and prove flexibility to change plans at short notice Ability to communicate effectively in both oral and written forms, with all levels of staff and management Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA or JD along with proven technical abilities in select areas (e.g., regulatory compliance, risk management, auditing) Ability to execute a formal quality control/validation testing strategy that reflects the organization's risk profile, regulatory/legal requirements, and current risk trends Demonstrate strong initiative and people skills, sound decision-making, analytical and intuitive mind-sets, political awareness, and sensitivity to cultural diversity Ability to manage through critical issues and realign priorities and deliverables as needed Ability to form evaluative judgment(s) based on analysis of information in complicated, unique and dynamic situations 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 . 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. Benefits: Work From Home
