Consultant FIU

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Major Duties

• Supports the team manager in ensuring operational efficiency. May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). Provide input to process and system changes which would result in greater operational efficiency.
• Completes initial (level one) alert investigations in connection with AML matters involving Northern Trust accounts/clients that alert in the global automated transaction monitoring system. Supports each alert investigation with appropriate analysis, and documents investigation activities and conclusions. Meet set deadlines of alert investigation.
• Escalates alerts requiring further investigation to appropriate global partners.
• Able to serve as a key subject matter expert and mentor to other more junior level employees.
• Provides day-to-day support and guidance to more junior team members, support the Manager with respect to workflow distribution and ensuring the effective use of staff resources. This may include conducting initial quality control or four eye checks on alerts worked by other team members.
• Assist in the Identification, documentation and dissemination of new procedures and controls as needed. In some cases, initiate procedural updates to conform with global AML requirements and as necessary, seek senior management approvals.
• May perform additional responsibilities, participate with special projects, etc., as requested by management. As necessary, liaise and interact with necessary internal partners.
• Carry out complex activities with regulatory compliance impact. May carry out ad-hoc investigations on event-driven scenarios.
• As necessary, prepare reports and presentations for use by management.
• Technically sound in area of AML Compliance expertise and has broader knowledge of other areas (CDD, KYC, Sanctions, etc.). Participates in all applicable training.
• Delivers a work product that requires minimal to nil revision.
• Provides support and functional knowledge as it relates to compliance with applicable AML laws, rules and standards.
• Identifies and escalates to Global AML management any regulatory compliance risks associated with reviews completed.
• Facilitates discussions and reach decisions independently; consults with management as necessary.
• May execute a training plan, discussion and sharing of best practices to new joiners.
• 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 strong analytical and problem solving skills
• Requires excellent oral and written communication skills
• Requires in-depth functional / industry knowledge
• Technical skills and knowledge of transaction monitoring systems (e.g., Actimize) and transaction processing systems is preferred.
• Applies strong time management and organizational skills to work a large queue of alerts
• Requires conceptual knowledge of theories, practices and procedures within the job discipline
• Applies general knowledge of AML industry developed through education or past experience
• Leadership and organizational skills are required
• CAMS certification or work towards certification desired
• 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

• At least 5 years of relevant experience
• College or University degree
• Provides informal guidance to new team members
  
  

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.

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 1,200 - driving meaningful impact and sustainable growth. Learn more.

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