Analyst, AML Advisory

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

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 worlds 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 22000 partners we serve the worlds most sophisticated clients using leading technology and exceptional service.

Summary:
Responsible for effectively implementing Northern Trusts AML Program throughout the enterprise to mitigate AML risk meet industry standards and practices and comply with AML regulations. The Anti-Money Laundering (AML) Advisory Team is responsible for effectively advising our business unit partners in the implementation of Northern Trusts AML Program primarily at client onboarding to mitigate AML risk meet industry standards and practices and comply with AML regulations. Reporting to the North America Corporate & Institutional Services (C&IS) and Northern Trust Asset Management (NTAM) AML Advisory manager this roles primary responsibility will involve providing support and functional knowledge as it relates to compliance with applicable AML laws rules and addition the role will be responsible for generating and reviewing metrics monitoring certain AML processes and working directly with client-facing staff. As the role matures additional AML Advisory tasks may be introduced. Performs operations technical or administration work often in support of professional roles. Requires technical or other specific training or equivalent experience. Performs tasks and duties according to established procedures. Requires advanced skills and expertise in a variety of work processes or activities. Generates new and improved solutions to complex problems. May act as a team lead coordinating and checking the work of others but not a supervisor. Works autonomously within established procedures and practices. Anticipates patterns and links; looks beyond the immediate problem to the wider implications.

MAJOR DUTIES:

• Monitoring of various alert items and follow-up with client-facing staff.

• Accumulation of relevant AML news for inclusion in client-facing materials.

• Compilation of AML metrics and preparation of presentation packages for board and senior management meetings.

• Review of SWIFT Relationship Management Application (RMA) requests.

• Participate in additional projects or initiatives as directed by management such as assistance with remediation projects

• Gathers and analyzes data to identify and solve complex problems that arise with little or no precedent

• Impacts own team and other teams whose work activities are closely related; suggests improvements to existing processes and solutions to improve the efficiency of the team

KNOWLEDGE/SKILLS:

• As a specialist or lead for the team may allocate work and provide subject matter guidance to team members with less experience

• Knowledge of applicable AML or Economic Sanctions laws and regulations usually acquired through formal education or experience is preferred.

• Requires strong analytical interpersonal verbal and written communication skills are required to analyze and summarize information

• Requires organizational skills required to coordinate compliance

• ACAMS certification desired but not required

• Requires conceptual knowledge of theories practices and procedures within a job discipline

• Applies general knowledge of business developed through education or past experience

• Exchanges straightforward information asks questions and checks for understanding

• Requires advanced or specialized skills and expertise in a range of processes procedures and systems

• Understands how related teams coordinate their efforts and resources to achieve objectives

• Exchanged ideas and information effectively with others outside of own team and evaluates and communicates unusual and/or complex content in a clear manner

• Accountability for own contributions

EXPERIENCE REQUIRED:

• Must possess at least a Bachelors/College Degree Economics Finance/Accountancy/Banking Business Studies/Administration/Management or equivalent

• Strong analytical interpersonal organizational verbal and written communication skills.

• Experience with Microsoft Office applications is preferred

• At least 2 years of related experience (AML Transaction Monitoring Economic Sanctions Regulatory Reporting etc)

• Preferably with experience in any financial institution (Banking Insurance or any regulated bodies)

WORK SCHEDULE:
5:00AM - 2:00PM
Mondays - Fridays Hybrid

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply 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

We hope youre 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.

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.

Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply 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 .

We hope youre 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.