AML/KYC Officer AML

About Northern Trust:

Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 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 employee (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.

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you would benefit from adjustments for any part of the employment process, please inform the recruiter to discuss your individual requirements.

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018.

The Team:

The team is responsible for overseeing all aspects of Anti-Financial Crime processes and associated controls in UK Transfer Agency and any outsourced activity.

The role requires the completion of workloads to support AML compliance services aligned to:

• AML legislation/regulation & guidance/best practice
• The AML Team’s processes and procedures

There is a requirement to hold, build and maintain a strong relationship with the Northern Trust Transfer Agency Department to deliver a robust AML service to Northern Trust’s client and investor base.

Key responsibilities include

• Maintain AML/KYC policies and procedures
• Provide advice and guidance on AML/KYC requirements to processing teams
• Support complex/non-standard onboarding and ongoing AML reviews
• Support screening processes for PEP, Sanctions and Adverse Media
• Support the AML transaction monitoring process including oversight of AML alert investigations
• Investigate referrals of unusual activity relating to fraud
• Perform quality assurance sample checks and oversight for all AML/KYC processes to ensure required standards are being met
• Support audit and assurance reviews, both internally and with external clients
• Manage and execute client projects and change initiatives related to financial crime
• Manage AML complaints to resolution, including deep dive reviews into root cause issues

Skills/Experience

• Understanding of UK Anti-Money Laundering Requirements
• Previous experience working in an AML/KYC role (either first or second line of defence)
• Strong team-player who builds collaborative relationships
• Good communicator / confident dealing with key stakeholders

Working with Us:

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 ethical companies. In return, we will support you with your personal and career goals in a number of ways:

Financial – Life Assurance, Disability Plan, Pension/ Gratuity, Annual Pay Review

Work Life Balance – Flexible Work Options, Incremental Annual Leave, Community Volunteer Days

Health & Wellbeing – Private Medical Insurance (REMOVE FOR LUX POSTINGS), Active Sports & Social clubs (lunchtime and after-work groups), Employee Assistance Program

Professional Development – Clear Career Path, Education Assistance, Recognition Programme, NT University (wide range of online, virtual & in-house training options) and employee-led Business Resource Councils dedicated to diversity and inclusion initiatives.

And Finally

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.

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