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 Chief Compliance and Ethics Officer (CCEO) is responsible for leading and enhancing Northern Trust’s global compliance and ethics framework. This role ensures adherence to regulatory requirements, promotes a culture of ethical behavior and integrity, and provides strategic leadership across all compliance programs worldwide. The CCEO will oversee a global team and partner closely with business leaders, legal, audit, and risk management to proactively identify, assess, and mitigate compliance and ethical risks. This role reports to the Chief Risk Officer and will be based in Chicago, Illinois.

Key Responsibilities:

• Strategic Leadership: Develop and execute a global compliance and ethics strategy aligned with business objectives, regulatory expectations, and Northern Trust’s risk appetite.

• Program Oversight: Lead the global compliance program including regulatory compliance, financial crimes compliance (e.g., AML, sanctions), code of conduct, ethics, and whistleblower programs.

• Risk Management: Identify emerging compliance and conduct risks, ensure proper monitoring and mitigation strategies, and integrate compliance into the firm’s enterprise risk management framework.

• Regulatory Engagement: Act as the primary point of contact with regulators on compliance and ethics matters globally, ensuring timely and transparent communication.

• Governance and Reporting: Provide regular updates to the Chief Risk Officer, senior leadership, and the Board Risk Committee on compliance matters, trends, and significant incidents. Chair the Compliance & Ethics Oversight Committee (CEOC)

• Culture of Integrity: Promote and embed a strong culture of ethical behavior and accountability across all levels of the organization.

• Training and Awareness: Oversee compliance training and awareness programs to ensure employees understand their obligations under laws, regulations, and company policies.

• Team Leadership: Lead and develop a high-performing, globally distributed compliance and ethics team, fostering collaboration, excellence, and professional growth.

• Travel: Domestic and international travel may be required.

Qualifications:

• 15+ years of progressive GSIB Compliance experience is highly desirable and strongly preferred, legal, or risk management roles within financial services, with at least 5 years in a senior leadership position.

• Deep knowledge of global regulatory frameworks (e.g., SEC, FRB, FCA, MAS, PRA), financial crimes laws, and conduct risk principles.

• Proven ability to influence senior stakeholders, including regulators, boards, and executive leadership.

• Strong strategic thinking, analytical, and decision-making skills.

• Excellent communication, leadership, and interpersonal skills.

• Bachelor’s degree required; JD, MBA, or advanced degree in a related field strongly preferred.

Salary Range:

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 andapply 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.

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