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 successful candidate will be responsible for managing the AML Operations of the business including the provision of compliance as service (MLRO to GP boards). Will conduct the performance management process, identifies training and development needs, and establishes performance standards for the relevant groups. Makes staffing decisions, and ensures resources are available to accomplish priorities. Manages and directs individuals within the relevant groups, usually through relevant direct reports. Participates in developing/provides input and support to the strategic plan around the delivery of AML services to the business. Provides additional leadership support within large specialized groups.

 The key responsibilities of the role include:

Responsible for managing the day-to-day AML Operations. Oversee the provision of Compliance as a Service to Clients (MLRO services to GP boards).Conducts the performance management process, identifies training and development needs, and establishes performance standards for the relevant groups.Act as subject matter expert in client and investor engagement.Makes staffing decisions, and ensures resources are available to accomplish priorities.Participates in developing/provides input and support to the strategic plan Point of contact for regulatory examinations and internal and external audits of AML related topics. Advises business partners, including senior management, on compliance with applicable laws, rules and standards, including keeping them informed on developments with business procedures and processes.Partners with senior management to identify Compliance programs which should require training, as well as the partners who should take certain training.Establishes written guidance on compliance with and implementation of applicable laws, rules and standards. This includes policies and procedures and other documents, such as Compliance manuals, internal codes of conduct and practice guidelines.Identifies, documents and, as necessary, escalates AML Compliance risks associated with the Company’s activities.Establish outsourcing solutions and oversee the monitoring and relevant reporting in relation to outsourced activities.Support Compliance function with collation and provision of relevant information including MI to support Regulatory and internal data demands

Skills/Qualifications:

The successful candidate will benefit from having:  

ICA qualifiedSubstantial experience in relevant field, similar institutionsProficient with the use of workflow tools and managing large volumes of data

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.