CAREERS

Senior Consultant – 1940 Act Board, Disclosure and Regulatory Support

📁
Operations/Securities
📅
85664 Requisition #

Senior Consultant – 1940 Act Board, Disclosure and Regulatory Support

SUMMARY

The Fund Governance Solutions Group combines Regulatory Administration and Compliance Support resources to support our client’s regulatory needs. These groups are made up of experienced industry professionals, including attorneys, who are able to work with our client’s internal teams to plan filings, provide support on non-routine matters including proxy campaigns and fund reorganizations, as well as distribution and intermediary support.

With minimal oversight or direct supervision, the Senior Consultant position will be responsible for the participation in compliance and governance functions; the documentation and preparation of complex regulatory filings and reports; the drafting and preparation of Board and committee materials; and the oversight of team activities related to Board and committee meeting support, fund filings and disclosure, participation in Northern Trust’s Rule 38a-1 Program, and new fund or product launches.

PRIMARY RESPONSIBILITIES

1. Review and production of materials for client Board meetings, including regular, special and organizational meetings.

2. Attend client Board meetings and record meeting minutes; and discuss regulatory, compliance, and other matters.

3. Draft client Board memoranda for issues affecting client or fund complex.

4. Manage corporate governance matters for series trust clients.

5. Prepare and maintain Board and regulatory calendars.

6. Support the preparation, review and editing of investment company regulatory filings.

7. Perform research on issues regarding the Investment Company Act of 1940 and other mutual fund regulations as needed.

8. Assist in client product development initiatives, including drafting and offering documents for new funds and drafting proxy and information statements.

9. Assist on SEC regulatory examinations as necessary.

10. Review the work performed by consultants and other professionals in the group.

11. Serve as resource internally for compliance and related SEC rules and developments.

12. Participate in new business opportunities, including the review and analysis of needs and the design of solutions.

13. Support Sales efforts.

KNOWLEDGE / SKILLS

• Excellent oral and written communication skills are required.

• Strong attention to detail.

• Analytical and problem-solving skills are required.

• Ability to work independently and as part of a collaborative group is required.

• Excellent organizational and project management skills are required.

• Knowledge of the Investment Company Act of 1940, as amended, is required.

• Must have working knowledge of security types and investment mandates.

• Ability to establish good working relationships with clients, members of Boards of Trustees, Fund Counsels, chief compliance officers, auditors and financial printers.

• Ability to work under pressure and prioritize competing tasks.

• Must be highly flexible and adaptable to change.

• Knowledge of mutual fund operations preferred.

EXPERIENCE REQUIRED

A College or University degree in Business Administration, Finance, Economics, Accounting, or related field and / or relevant proven work experience is required. A JD is preferred but not required. A minimum of 3 years of experience working for a mutual fund organization (adviser or otherwise), a mutual fund administrator or service provider, the investment management practice of a law firm, or with the SEC or other regulatory agency is required.

About Northern Trust: Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:

Gender Equality Index Member, Bloomberg

Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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