Global Head of Wealth Management Compliance

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. 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. Key Responsibilities Partner with the CCEO to develop and execute the compliance strategy for Global Wealth Compliance in alignment with business objectives, regulatory expectations, and the firm’s risk appetite. Provide forward‑looking compliance guidance on business initiatives, regulatory change, and emerging risk trends. Lead and enhance the end‑to‑end Global Wealth compliance program, including regulatory compliance, conduct risk management, financial crimes compliance (e.g., AML, sanctions), and conduct adherence in partnership with relevant peer leaders. Oversee the effectiveness of policies, controls, monitoring activities, and quality assurance across the Wealth business. Support the Global Wealth business in identifying emerging compliance risks and ensuring proper monitoring, testing, and mitigation strategies are in place. Integrate Wealth Compliance activities with the broader Enterprise Risk Management framework. Serve as the primary Compliance point of contact for regulators overseeing the Global Wealth business. Act as a trusted advisor to business leaders and product teams on new initiatives, new product approvals, digital wealth solutions, and client onboarding models. Provide clear, pragmatic guidance to support commercial objectives while protecting the firm and its clients. Lead interactions related to exams, inquiries, remediation activities, and regulatory reporting specific to the Global Banking and Markets business. Partner with Compliance Senior Leadership Enterprise Compliance members to lead the implementation of the Wealth Compliance Program across the Wealth legal entities. Advise business partners, including senior management, on compliance risks specific to the Wealth business. Oversee compliance with global, regional, and local regulatory requirements (e.g., FCA, SEC, FINRA, MAS, ESMA, ASIC, SFC). Ensure effective regulatory change management for wealth‑related rules, including suitability, best‑interest duties, AML/CTF, sanctions, cross‑border marketing, data privacy, and consumer protection. Participate in governance forums and regional/legal entity forums as appropriate, providing regular updates on compliance risk matters, inclusive of themes, regulatory developments, and significant incidents. Lead and develop a high‑performing, globally distributed team of Compliance Officers. Promote collaboration, professional development, and operational excellence. Ensure strong succession planning and resource management. Qualifications 15+ years of progressive Compliance experience. Deep knowledge of global regulatory frameworks (SEC, FRB, FCA, PRA, MAS). Strong understanding of compliance risk management, conduct risk, and financial crimes compliance. Proven ability to influence regulators, boards, and executive leadership. Excellent strategic thinking, analytical skills, and judgement. Strong leadership presence with outstanding communication skills. Bachelor’s degree required; JD, MBA, CAMS, or other advanced qualifications preferred. Benefits and Compensation Salary Range : $171,700 – 300,500 USD Northern Trust provides a comprehensive benefits package including retirement benefits (401(k) 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. A discretionary bonus program that may include an equity component is also available. Equal Opportunity and Reasonable Accommodation We value an inclusive workplace and understand flexibility means different things to different people. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io. #J-18808-Ljbffr 3M HEALTHCARE