Technical Coordinator, Transfer Agency AML (x4) - Hybrid

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:

• At Technical Coordinator level, the role requires the completion of workload, with guidance from colleagues and line management, to support AML compliance services aligned to:
• AML Legislation/Regulation & Guidance/Best Practice.
• The Ireland Investor AML Department’s processes and procedures.
• There is a requirement to hold, build and maintain a strong relationship with the Northern Trust Transfer Agency and Client Services Departments to deliver a robust AML Compliance service to Northern Trust’s client and investor base.

The key responsibilities of the role include:

• Takes responsibility for timely and accurate completion by Investor AML of workload allocated including tasks processed through Northern Trust’s workflow process.
• Actively participates in Investor AML’s’ review of Transaction Monitoring and Overnight Screening alerts in adherence with Northern Trust’s AML policy and procedures.
• Works with colleagues and line management in completing periodic reviews of existing accounts in line with current Legislation and efficiently sourcing outstanding investor due diligence documentation (if any) with professionalism of approach and timely escalation of material issues arising.
• Escalates, and assists with resolution of, more complex problems and critical issues as referred to the Investor AML team, as well as those received from other internal and/or related external parties.
• Ensures that all queries from internal and external parties are dealt with efficiently and professionally, with support from line management where required.
• Takes ownership for completion of AML compliance support for clients in conjunction with Northern Trust colleagues and provides regular and meaningful periodic updates to line management and colleagues.
• Develops and maintains strong working relationships with clients and partners in other Northern Trust departments.
• Works with line management to ensure that the Investor AML team meets the required audit, risk and compliance standards as determined, from time to time, in accordance with changes in legislation and guidance.
• Maintains an up to date knowledge of AML regulation and best practice and uses this knowledge to promote enhancements to Northern Trust’s AML processes and procedures.
• Performs additional work where volume or absence requires such workload to be completed.

Skills/ Qualifications:

• Knowledge of day-to-day Transfer Agency operations and the wider funds administration business.
• Strong organisational and communication skills.
• Effective risk management.
• Ability to research, understand and deliver solutions to issues, including more complex issues as agreed with line management.
• Previous experience in an AML, Compliance or Transfer Agency role.
• Knowledge of the AML regulatory environment in Ireland, Luxemburg and the UK is preferable.
• General knowledge of Microsoft Office applications relating to designated areas of responsibility.

Accountabilities:

• The successful candidate is required to comply with the AML regulatory regime in which Northern Trust operates as appropriate to the above role.
• The successful candidate is expected to exercise due care and diligence, and ensure that the responsibilities of the role are organised and controlled within the ambit of regulation, compliance and risk management.
• The successful candidate is required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of such duties.

Relationships:

Internal Key Stakeholders

• Relationship Managers/CSDMs/Transfer Agency CSMs.
• Transfer Agency partners.

External Key Stakeholders

• Clients.
• Investors.

Core Competencies:

• Understand and implement principles of quality delivery.
• Accuracy and attention to detail.
• Can work under pressure.
• Interpersonal/Team player.
• Self-motivated.
• Ability to stay focused/tenacious.
• Effective communication skills, both verbal and written.

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.   

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