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. 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 Global Head of Wealth Compliance is responsible for leading, developing, and executing the compliance strategy for the firm’s global wealth management business. This role ensures that the organisation meets all regulatory obligations across jurisdictions, maintains robust conduct and fiduciary standards, and implements effective compliance frameworks that support sustainable business growth, protect clients, and safeguard the firm’s reputation.

This is a senior leadership position that requires deep expertise in wealth and investment management regulation, strong risk management acumen, and the ability to influence executive‑level stakeholders globally. The role oversees a global team of compliance professionals and reports directly to the Global Chief Compliance and Ethics Officer (CCEO).

• 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.
• Leadand enhance the end‑to‑end Global Wealth compliance program, including regulatory compliance, conduct risk management, financial crimescompliance (e.g., AML, sanctions), conduct adherence partnering with relevant peer leaders as required
• Oversee the effectiveness of policies, controls, monitoring activities, and quality assurance across the Wealth business.
• Support the Global Wealth business in the identification of emerging compliance risks and ensure proper monitoring, testing, and mitigation strategies are in place.
• Support the Global wealth business in the identification of emerging compliance risks and ensure 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
• Leadinteractions 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 partnering with peer leads as appropriate
• Participate in governanceforums, and regional/legal entity forums as appropriate providing regular updates on compliance risk…