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 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.

Summary:

Responsible for effectively implementing Northern Trust's 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 Trust's AML Program, primarily at client onboarding, to mitigate AML risk, meet industry standards and practices, and comply with AML regulations.

The role's primary responsibility will involve providing support and functional knowledge as it relates to compliance with applicable AML laws, rules, and standards. In addition, the role will be responsible for generating and reviewing metrics, monitoring certain AML processes, and working directly with client-facing staff.

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.
• 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:

• 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.
• Requires organizational skills 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.

EXPERIENCE REQUIRED:

• Must possess at least a Bachelor's/College Degree in 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: 5:00 AM - 2:00 PM, 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

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