Head of Regulatory Reporting at Northern Trust in Chicago, Illinois

Job Description:

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.

The Head of Regulatory Reporting is responsible for managing the US Regulatory Reporting team directly and overseeing the development of the regulatory reporting model across the globe. Such responsibilities will include: overseeing and maintaining the timely and accurate submission of financial regulatory reporting for the US; building and managing the global operating model for financial regulatory reporting; and enhancing existing processes and systems to ensure it is efficient and well controlled. The position will lead a team of managers, specialists, and operational partners across the globe. The role requires a flexible, cross functional leader who is willing to engage with all levels and groups across the organization. This is a leadership position in the Controller's Group that reports directly to the Corporate Controller who in turn reports to the Corporate Chief Financial Officer.

Key responsibilities of the role include:

• Ensure the timely and accurate preparation and submissions of all US financial regulatory reports, adhering to all applicable regulations and guidelines.


• Lead, mentor, and develop a team of regulatory reporting professionals, ensuring their expertise and performance.


• Stay up-to-date with the latest regulatory changes and requirements, and interpret implications for the bank's reporting and the related operational processes.


• Serve as the primary point of contact for regulatory inquiries on financial regulatory reporting, both internal and external, and communicate effectively with stakeholders.


• Identify and implement process improvements to enhance efficiency and accuracy in regulatory reporting.


• Work closely with other departments and jurisdictions outside the US to ensure a coordinated approach to regulatory reporting.


• As a member of the Controllers leadership team, assist with driving the strategic objectives for the group.

Skills / Experience:

• A minimum of 10+ years of leading regulatory reporting groups in the financial services/banking industry.


• Strong understanding of financial regulation, financial reporting, and financial analysis.


• Confident leadership presence to comfortably interact with all levels of management, across business lines, and with external constituents.


• Excellent oral and written communication skills.


• Proven ability to proactively identify opportunities for improvement and implement value added solutions.


• Bachelor's and/or Master's degree, Accounting or Finance preferred.

#LI-Hybrid

Salary Range:
$137,400 - 240,400 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

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 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.

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