OverviewGlobal Head of Regulatory Change role at Northern Trust.

About the CompanyNorthern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution with a long-standing history and a commitment to service, expertise, and integrity.

About the RoleAs a strategic leader within our Governance and Compliance (1LOD) organisation, you will support our business globally as we navigate a rapidly evolving regulatory environment and ensure that with the broader Governance and Compliance Team, we are driving the compliance agenda and delivering expertise to our Business Units and Legal Entities.

As the Head of our Enterprise-wide Global Regulatory Change Team (GRCT), you will be responsible for the following:

Lead and cultivate a team of senior experts who manage global regulatory change across the enterprise, ensuring they are supported with meaningful development opportunities

Develop and oversee our global regulatory change strategy, ensuring it aligns with the organisation''s objectives

Design, implement, and continuously enhance the Global Regulatory Change Framework (GRCF), ensuring it remains aligned with stakeholder feedback and evolves in response to the organisation’s changing regulatory and business landscape

Develops a sustainable operating model using strategic tools including governance, workflow, data tagging, repository, reporting, security and access

Partners with 2nd line defence and other executive stakeholders to establish a good Horizon Scanning Model to monitor and identify upcoming regulatory changes and trends that could impact the organisation on a global or local scale

Works with stakeholders to analyse the potential effects of new regulations on the business, its products, services, and operations in the various jurisdictions in which we operate

Ensures that we implement regulatory changes as they arise in the jurisdictions in which we do business, explaining the implications of such regulatory changes and the changes that need to be made to our business models to implement effective ways of addressing the relevant requirements. This will involve leading and supporting cross-functional initiatives to design, develop, and implement the programs and changes needed for compliance

Interprets complex regulatory change initiatives and being able to present their implications to stakeholders at various levels within the organisation

Provides expert advice to business areas and key stakeholders on complex regulatory matters

Engage with stakeholders at various levels to ensure that they are mobilised to deal with regulatory change initiatives, some of which will be managed by our Enterprise Change Management Team, some of which will be managed within the GRCT and some of which will be managed directly within business units ensuring the right levels of influence and collaboration with stakeholders at all levels to promote the regulatory compliance agenda and ensure buy-in for change initiatives

Ensures that regulatory practices and internal policies are updated to meet global standards and maintain compliance with requirements

Track, maintain and ensure traceability for the program of work undergone by the department and related programs

Establishes effective governance and able to produce MIS around regulatory change initiatives

Carry out assurance on our overall compliance with regulatory requirements and report on assurance to senior stakeholders

Drive the technology agenda in the regulatory compliance space

Skills / Experience

Experience of managing the regulatory change agenda including implementation of large-scale complex change

Strong knowledge and expertise of risk infrastructure across 1st, 2nd and 3rd line of Defence

In depth understanding of risk management and regulatory change and how they apply in Financial Services organizations including the impact of regulation on the business

Good understanding of products, recognizing the current demands of the market and the need to ensure delivery of regulatory requirements in an evolving and complex environment

Complex stakeholder management including C-suite and market associations

Strong communication and presentation skills with the ability to interact with stakeholders up to executive level and being able to influence and constructively challenge

Ability to adapt to and contribute to change in a positive and constructive manner

Knowledge of corporate risk policies and standards and compliance related requirements

Experience in rolling out complex programs and improving processes across multiple stakeholders

The ability to translate vision into tangible deliverables and results

Highly flexible and adaptable to change

Technologically savvy with the ability to mine and interpret data

Demonstrated leadership and organizational skills and has a strong record of effective people management skills

Working With UsAs a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability supports growth and opportunity. We value an inclusive workplace and offer flexible working options where possible.

Reasonable accommodationNorthern 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 MyHRHelp@ntrs.com.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Location: London, England, United Kingdom | Employment type: Full-time | Seniority: Executive | Job function: Legal

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