- SALARY:NONE
- Chicago, Illinois
Chicago, Illinois
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.
Hybrid- We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
The Regulatory Solutions team is responsible for regulatory impact assessment for the product set within Asset Servicing, including significant global industry changes (e.g. LIBOR, T+1, SEC Custody Rule Proposals). The team provides consultative support to the business and clients to help navigate these regulatory and industry changes and ensuring compliance of our product sets. The team has responsibility for the commercialization of regulatory products as well as providing centralized oversight of implementation and escalation for all regulation impacting Asset Servicing.
This role sits in Chicago and the successful candidate will have responsibility for the horizon scanning, impact assessment & consultative support aspects covering North America, they will also be expected to focus on the commercialization of regulatory product and oversee the implementation of regulatory programs.
Developing market insight by defining the target client segment markets, evaluating industry trends/competitors and defining the market story
Executing the strategy of the product umbrella as outlined by the Lead Product Manager, Product Executive and Head of Product Strategy for the business unit.
Leading post-launch product management such as post launch audits, tracking product successes, analyzing P&L, metrics, KPIs. Makes recommendations for improvements to promotional programs.
Leading in introducing new products to the market by creating go-to-market rollouts, securing regulatory approvals, completing risk and compliance reviews, publishing marketing material and conducting sales training
Providing sales support including presenting at client and prospect meeting
Attending and presenting at industry events and publish in industry publications.
- Displaying a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
Monitoring capital and expenses, makes recommendations.
Providing internal and external consultative support in the regulatory space to increase knowledge and further NT relationships.
Assisting in new product planning activities i.e. developing business case composing product requirements, preparing a launch plan and establishing future metrics
Performing regulatory analysis on upcoming items to ensure the business interprets the broader implications of change beyond pure compliance and allow for effective and efficient implementation.
The ideal candidate should demonstrate some of the following qualifications
Demonstrated interest or knowledge in current regulatory changes
Previous experience performing a role as a strategic thinker and have a strong North America network in our industry
Excellent oral and written communication skills
Demonstrated ability to build trustworthy and credible business relationships
Demonstrated knowledge of financial services product(s) i.e. Custody, Fund Administration etc
Demonstrated experience creating compelling narrative on regulatory topics
Flexibility to adapt with changing schedules and requirements
Demonstrated experience understanding client needs
A College or University degree and/or relevant, proven work experience
Demonstrated knowledge of business strategy development
Relevant industry qualifications are preferred
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.