Consultant, Regulatory Change Management Enterprise Governance, Oversight & Reporting

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. Role purpose This is an exciting opportunity to join the Regulatory Change Management Enterprise Governance, Oversight and Reporting team within Global Regulatory Change Management (GRCM), part of Northern Trust’s Chief Operating Office. GRCM oversees Northern Trust’s end-to-end management and delivery of regulatory change and provides ownership, governance and oversight of the Regulatory Change Management (RCM) Standard and related protocols. The RCM Enterprise Governance, Oversight and Reporting team serves as the central governance and coordination function for RCM across Northern Trust. Acting as an enterprise hub, the team establishes and maintains the frameworks, governance processes, oversight mechanisms, management information and reporting capabilities that enable the firm to govern, monitor and evidence the management of regulatory change obligations globally. The Consultant will serve as a subject matter expert and trusted adviser on RCM governance, oversight, data and reporting. The role will independently lead complex deliverables and improvement workstreams, provide constructive challenge, translate regulatory change information into actionable insight, and influence stakeholders across Business Units, Corporate Functions, Legal Entities and the Lines of Defense. The Consultant will also provide guidance to colleagues, support senior management and governance forums, and help shape the continued maturity of the enterprise RCM operating model. The Consultant operates independently within broad policies and established risk frameworks. The role deals with complex and sometimes ambiguous issues, exercises judgment based on multiple sources of information, and has an impact across the immediate team and related stakeholder groups. The Consultant may lead projects or workstreams with manageable risk and resource requirements and acts as a resource for colleagues with less experience.

RCM governance and operating model Provide subject matter expertise on the RCM Standard, supporting protocols, governance model and enterprise operating requirements. Lead the design, review and continuous enhancement of governance structures, terms of reference, decision rights, escalation pathways, templates and supporting procedures. Assess the effectiveness of governance arrangements and recommend practical changes that strengthen ownership, accountability, transparency and timely decision-making. Advise stakeholders on consistent application of the RCM process, resolving complex questions within the role’s remit and escalating matters requiring legal, compliance or specialist interpretation. Represent the team in cross-functional forums, working groups and change initiatives, articulating the GRCM position clearly and constructively. Oversight, challenge and issue management Provide risk-based oversight of adherence to the RCM process, identifying gaps, inconsistencies, trends, dependencies and emerging areas requiring management attention. Constructively challenge incomplete, inconsistent or unsupported information and work with accountable owners to agree proportionate corrective action. Monitor material actions, risks and dependencies through to closure,