Analyst, AML Customer Due Diligence

Manila, National Capital Region, Philippines
12 May 2022
23 May 2022
Contract type
Full time
Experience level
Qualified accountant

The Analyst mitigates AML risk, meet industry standards and practices, and comply with AML regulations. Reporting to the AML Customer Due Diligence Compliance Manager, this partner will help minimize Northern Trust’s money laundering risk by validating regulatory and internal compliance with AML laws, rules, regulations, programs & policies, procedures, and minimum standards. Executes quality control reviews of AML-related activities to assess the level of adherence to policies and procedures by the first and second lines of defense. Conducts ongoing due diligence for Clients, according to Anti-money laundering (AML) requirements. Ensures timely & accurate periodic reviews and on-going monitoring are conducted .

The Analyst supports the Team Leader in ensuring operational efficiency. Carries out operational activities with regulatory compliance impact. Uses specific knowledge of AML to achieve goals through own work. Has specific knowledge or expertise typically gained through formal education or equivalent experience. Uses expertise to provide guidance to others as a project manager or consultant. Requires conceptual knowledge of theories, practices, and procedures within Compliance AML. Performs routine assignments using existing procedures. Receives instruction, guidance and direction from more senior level roles.


  1. Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements and works with front office teams to facilitate queries.
  2. Provides support and functional knowledge as it relates to compliance with applicable AML laws, rules and standards
  3. Performs continuous monitoring of customers including investigating Adverse Media and Politically Exposed Person alerts.
  4. Identifies and escalates to Global AML management any regulatory compliance risks associated with the file reviews completed
  5. Carries out business-related activities that may be required to support Global AML Compliance guidelines
  6. Provides support as requested by Global AML Management as necessary to resolve compliance issues, including actions in response to Regulatory exam and Audit findings
  7. Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments
  8. Reviews assigned laws/regulations and related policies/procedures in order to understand test scripts for execution of testing.
  9. Conducts and adequately documents testing to assess compliance with and adherence to regulations and policies/procedures.
  10. Applies analytical skills to review information and determine potential control weaknesses or exceptions to policies/processes.
  11. Summarizes and communicates testing results in clear, concise language.
  12. Assists with validation testing of issues identified to ensure actions have been adequately closed.
  13. Participates in additional projects or initiatives, as directed by management.
  14. Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments
  15. Has limited impact on own work team
  16. Works within standardized procedures and practices to achieve objectives and meet deadlines


  • Accountable for own contributions
  • Must possess at least a Bachelor's/College Degree , Economics, Finance/Accountancy/Banking, Business Studies/Administration/Management or equivalent
  • At least 2 years of related experience
  • Requires Financial Institution Regulatory and Compliance knowledge including but not limited to AML, Customer Identification Program (CIP), Enhanced Due Diligence (EDD) and Know Your Customer (KYC) regulatory requirements and Economic Sanctions laws and regulations, usually acquired through formal education or experience, to review policies and procedures in order to ensure their adequacy and to monitor compliance
  • Requires strong analytical, interpersonal, verbal and written communication skills are required to analyze and summarize information
  • Requires Analytical skills required to execute test scripts and identify exceptions to policies/procedures
  • Requires strong written communication skills required to document work completed and summarize findings
  • Requires organizational skills required 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
  • Exchanges straightforward information, asks questions and checks for understanding

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

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 that is committed to strengthening the communities we serve!

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:

  • Gender Equality Index Member, Bloomberg
  • Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine

We’d love to learn more about how your interests and experience could be a fit with one of America’s best banks and most sustainable companies! Build your career with us and apply today.

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.

If, because of a medical condition or disability, you need reasonable accommodation for any part of the employment process, please email us at

For further information, and to apply, please visit our website via the “Apply” button below.

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