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.

Role/Department: 

The Senior Analyst is part of a global team responsible for ensuring the bank adheres to all sanctions, laws and regulations imposed by the United States Treasury Department’s Office of Foreign Assets Control (OFAC) and other sanctions programs, including but not limited to, the  Council of the European Union and the Office of Financial Sanctions Implementation in the UK.

The team works collaboratively to effectively identify and mitigate potential sanctions risk and to communicate sanctions program updates and guidance to relevant stakeholders. The ideal candidate should possess strong analytical and problem solving skills and be comfortable with minimal formal structure and changing environments.

The key responsibilities of the role include: 

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 performing 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 Company’s activities.

Collaborates on projects with team members, exhibiting ongoing learning and basic project management skills.

Consults with management regarding more complex or sensitive investigations.

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

Skills/ Qualifications:
The successful candidate will benefit from having: 

Financial Institution Regulatory and Compliance knowledge including but not limited to applicable U.S. , EU, and UK 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. 

General knowledge of Global/Regional Financial Institution regulations and bank program implementation activities.

Proactivity and minimal supervision

A collaborative approach to work, with strong interpersonal skills

Related/equivalent experience in AML, Sanctions, Risk Reporting or any compliance related process in a Financial Institution or equivalent. CAMS (Certified Anti-Money Laundering Specialist) or CGSS (Certified Global Sanctions Specialist) are preferred.

Experience with securities (preferred).

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.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s 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 MyHRHelp@ntrs.com.

We hope you’re 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.