Senior HR Compliance Consultant

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Senior HR Compliance Consultant at Northern Trust – Chicago, IL.

Lead compliance programs, advise on laws, manage risks, and report metrics for a global financial leader.

Title

Senior HR Compliance Consultant

Location

Chicago, IL

Description

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsibilities

• 1. Identifies applicable new laws and regulations. Advises business partners, including senior management, on HR Compliance programs and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area.
• 2. Leads HR Compliance programs, such as background checks and personal relationship disclosures, and acts as a contact point within the Company for HR Compliance inquiries from partners.
• 3. Establishes written guidance on the appropriate implementation of HR Compliance programs and laws, regulations, rules and standards, through policies and procedures and other documents, such as HR Compliance manuals, internal codes of conduct and practice guidelines.
• 4. Assists senior management in developing HR Compliance programs and identifying partners who are required to take certain training.
• 5. Identifies, documents, and measures HR Compliance risk to enhance HR Compliance risk assessments and assess the appropriateness of the company's HR Compliance procedures and guidelines.
• 6. Identifies situations which may pose significant risk and guides management in developing policies and/or procedures that minimize such risk.
• 7. Interacts with business partners, regulators, and internal and external auditors on regulatory topics.
• 8. Operates independently; has in-depth knowledge of HR Compliance risk avoidance.
• 9. Serves as a subject matter expert or other resource within a group for regulatory HR Compliance matters.
• 10. Reviews work of others.
• 11. Project lead. Provide leadership, guidance and project management for HR Compliance programs and initiatives.
• 12. Performs government agency reporting and HR Compliance analysis and metrics reporting across all of our HR Compliance programs.

Knowledge

Knowledge of HR Compliance, risk management and the Company’s strategic goals.

In-depth knowledge of employment regulations and local laws acquired through formal education and work experience is required.

Communication and analytical skills are necessary to consult with partners/clients, and analyze information and apply regulations.

Strong analytical and dashboard reporting skills. Knowledge of MS suite of applications, advanced excel skills and AI for analysis and metrics reporting.

Experience

10 or more years experience, preferably in HR Compliance or risk management; or equivalent related experience.

Salary Range

$83,100 - 141,300 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.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.