50 Northern Trust Operating Services Jobs

Major Duties :1. Reviews, disseminates, and interprets policies and procedures.
Works to proactively establish and document related policies,
procedures and standards within the parameters of any relevant
laws and regulations.

2. Verifies that activities meet any federal, state and/or local legal
and regulatory requirements and regulations and monitors
outcomes/risk levels for the organization or assigned area.

3. Consults with partners regarding daily decisions that could
pose risk and conflict with existing policy, and assist with client
negotiations of new and existing business on various
issues that may present elements of risk.

4. Communicates and provides risk mitigation advice and requirements
to managers and appropriate personnel.

5. Identifies situations which pose significant risk and guides
management in developing policies and/or procedures that create
the proper balance between risk and reward.

6. Interacts with regulators, internal and external auditors on regulatory
topics as needed and appropriate.

7. Provides direction and training to more junior staff.

8. Serves on internal and external groups to provide and receive
advice on industry trends.

Knowledge :Knowledge of risk management and strategic goals for the banks business. Strong knowledge of regulations, federal, state, and local laws and regulations that impact key activities. Communication and analytical skills are necessary to consult with partners/clients, and analyze information and to develop compliant policies and procedures.

Experience :7 or more years of risk management or compliance experience.