Regulatory Reporting Specialist - Military veterans preferred

2024-04-16
AppCast (https://www.appcast.io)
Other

/yr

  full-time   employee


Chicago
Illinois
60290
United States

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. Job Description The Regulatory Reporting Specialist is a highly visible and impactful position responsible for Northern Trust’s regulatory financial filings. The primary responsibility will be the completion and submission of regulatory reporting filings for Northern Trust Corporation and The Northern Trust Company and ensuring compliance with rules and regulations established by the Federal Reserve, Federal Financial Institutions Examination Council (FFIEC), and other regulatory authorities. As part of the regulatory reporting team you will have an opportunity to collaborate and build relationships with partners across the organization as you work to collect and analyze data required to complete regulatory reports. You will also have an opportunity to shape management reports and analytics as the organization transitions to a more data-centric reporting model. You will have an opportunity to lead and participate in quality control efforts to ensure information used and reported in regulatory reports is consistent with requirements, between reports and schedules, and with other internal and external reporting, as applicable. You will also assist in enhancing and maintaining a robust internal control framework over regulatory reporting to ensure compliance with relevant rules and regulations. Qualifications: Bachelor's degree in relevant field (e.g. Finance, Accounting, Economics, etc) Minimum 10+ years of experience in financial services or a related industry, with a significant focus on regulatory reporting, compliance, and financial analysis. Strong understanding of and experience in interpreting and implementing financial or regulatory reporting rules and regulations. Comfortable working with large data sets and creating relevant reports / analytics. Experience in designing / improving of internal control environment and driving data quality and process improvements. Excellent analytical and problem-solving skills with attention to detail. Strong written and verbal communication skills to liaise with regulatory authorities and internal stakeholders. Strong organizational skills and ability to manage multiple tasks concurrently. Experience in preparing and submitting regulatory reports a plus. Responsibilities Reviewing regulatory filings prepared by junior staff for compliance with regulatory instructions. Typical filings include the FR Y-9C, FR Y-9LP, FFIEC 009, FR Y-14Q, and FR Y-15. Driving redesign of internal controls, processes, analytics as the team migrates to a more automated environment. Participate in industry forums related to regulatory initiatives. Develop into a subject matter expert within assigned responsibilities. Challenge data reported in all reporting schedules, identify potential gaps, and drive remediation plans with data owners. Integrating new returns, products, activities into the existing regulatory data and systems Working closely with partners across the organization on reporting projects Developing and producing high quality analytics Presenting regulatory reporting information to executives 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. 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 MyHRHelp@ntrs.com. 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. Talk to us about your flexible working requirements and together we can achieve greater. For further information, and to apply, please visit our website via the “Apply” button below.

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