Sr Analyst, Global Economic Sanctions

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.

Major Duties:

• Reviews and assesses escalated sanction wire transactions that alert from the sanction screening systems to determine if they are permissible under Office of Foreign Asset Control (OFAC) and/or any other applicable jurisdictional Sanctions program.

• Conduct quality control of areas perform sanction screening to assure compliance with applicable regulatory requirements and adherence to internal policies/procedures.

• Advises business partners on the Sanctions Compliance Program and applicable laws regulations rules and standards including keeping them informed of developments or changes that may affect their area.

• Identifies any Compliance Sanction Risks associated with the Companys activities.

• Review and accesses sanction alerts related to Client screening and security screening to ensure compliance with Office of Foreign Asset Control (OFAC) and/or any other applicable jurisdictional Sanctions program.

• Collaborates on projects with Team members exhibiting ongoing learning and basic project management skills.

• Provides additional support functional and advanced subject matter knowledge as it relates to compliance with applicable Sanctions rules and standards

• Serves as a key subject matter expert and mentor to other more junior level employees

• Consults with management regarding more complex or sensitive investigations.

• May lead projects and/or provide direction and train more junior-level staff

• Operates independently; has in-depth knowledge of financial crimes; and carries out activities that are large in scope cross-functional and technically difficult

• Solves problems in straightforward situations

• Analyzes possible solutions using technical experience and judgment and precedents

• Impacts quality of own work and the work of others on the team

• Works within guidelines and policies

Knowledge:

• Requires Financial Institution Regulatory and Compliance knowledge including but not limited to applicable U.S. Sanctions laws and regulations usually acquired through formal education or experience is preferred. Knowledge and/or previous experience with wire transactions including understanding SWIFT message fields are a plus. Previous Anti-Money Laundering (AML) and/or sanction experience is also helpful. Analytical and communication skills required to analyze and summarize information.

• Requires general knowledge of Global/Regional Financial Institution regulations and bank program implementation activities.

• Requires ability to communicate in a clear concise and effective manner (verbal and written)

• Displays confidence and expertise to advise management and the business

• Applies earned experience providing compliance advisory/consultancy and operational support

• Requires proactivity and minimal supervision

• Uses a collaborative approach to work with strong interpersonal skills

• Deals effectively with different personalities to address competing deadlines

• Requires attention to detail

• Requires expanded conceptual knowledge in own job discipline

• Understands key business drivers; uses this understanding to accomplish own work

• Explains complex information to others in straightforward situations

Experience:

• A College or University degree and/or relevant proven work experience is required

• At least 3 years of related/equivalent experience in AML Sanctions Risk Reporting or any compliance related process in a Financial Institution or equivalent.

• Experience with securities is helpful. Any relevant financial certifications is preferred.

• Organizational skills required to coordinate compliance activities. MS computer skills used daily including but not limited to MS Word MS Excel and MS Outlook.

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.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility resiliency innovation and excellence they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1200 driving meaningful impact and sustainable growth. Learn more.