Senior Analyst, Regulatory Reporting

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, 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.

Role

This role within Regulatory Reporting, Finance will cover expanding and increasingly complex business and regulator driven requirements. The successful individual will have a direct reporting line to the Regulatory Reporting Manager based in Limerick and work within a team across Limerick, London and Manila. This role will work as part of the EMEA Regulatory Reporting Team, which is responsible for the preparation of regulatory returns and other reporting/monitoring functions for the EMEA entities.

Main responsibilities

• Key partner in the production and computation of COREP, FINREP and IFPR templates, including capital adequacy, large exposures, liquidity requirements, for the reportable entities within the Northern Trust Group.
• Assess the requirements of the Central Bank of Ireland in respect of the new Ireland Branch, TNTCIB, and work with the Axiom team to implement requirements for all statistical and prudential requirements.
• Collaborate with the Regulatory Reporting team in monitoring and assessing changes in the regulatory environment and their impact on COREP, FINREP, IFPR and statistical templates.
• Assess the impact of changes to and expansions in the business, e.g., new product offerings, new territories.
• Monitor and analyze regulatory positions, highlighting regulatory breaches and areas of concern to be escalated to senior management.
• Produce and/or oversee the production of Anacredit, ensuring all working papers meet internal documentation standards.
• Produce and/or oversee the production of Bank of England / Central Bank of Luxembourg statistical returns and ensure all working papers meet internal documentation standards.
• Deliver clear, cross referenced working papers and period on period variance analysis relating to all regulatory returns prepared.
• Liaise with internal and external auditors, providing timely and appropriate data.
• Complete legal entity liquidity risk management information reports and other finance support activities as required.
• Participate in regulatory projects - typically covering new implementations/upgrades to reporting systems, regulatory change.
• Actively participate in regulatory/finance support process improvement projects, including streamlining of workings, data reconciliations and static data clean up.
• Develop knowledge of the regulatory reporting interfaces and their configuration.

Skills / Experience

• Finance or numerate degree with several years of industry experience. Regulatory/finance/risk/banking experience essential.
• Completion of, or part completion of, an accepted accounting qualification or a strong understanding of general accounting principles to be seen as "qualified by experience."
• Strong background in preparing varied reports based on the accounting records of the bank.
• Advanced IT skills, notably in MS Office (Word, Excel, PowerPoint).
• Previous experience with regulatory reporting software an advantage but not essential.

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 .