Description
Job Summary
Oversee the review, interpretation, and dissemination of current and proposed laws and regulations. Provide consultation and advice to partners on Compliance risk avoidance, establishing business development strategies to minimize risk and ensure compliance with applicable laws and regulations.
Key Responsibilities
* Advise business partners, including senior management, on Global Economic Sanctions Compliance programs and applicable laws, regulations, rules, and standards.
* Develop and implement Sanctions Compliance programs and act as a contact point within the bank for inquiries from clients and internal business partners.
* Create and present training material focused on Sanctions Compliance for business partners throughout the bank.
* Identify, measure, and document Sanctions Compliance risk to enhance Sanctions Compliance risk assessments.
* Guide management in developing policies and/or procedures that minimize risk.
* Interact with business partners, regulators, and internal and external auditors on regulatory topics.
* Serve as a subject matter expert or other resource within a group for regulatory Compliance matters.
* Provide mentorship of junior level employees and review the work of others.
Requirements
* In-depth knowledge of Compliance risk avoidance, acquired through formal education and work experience.
* Analytical and communication skills to consult with and communicate information to partners/clients.
Experience
* Several years of experience in Compliance or risk management; or equivalent related experience.
* CAMS and/or CGSS certification preferred.
About 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.