Northern Trust
About Northern Trust
Northern Trust is a Fortune 500 financial institution with over 130 years of operation and more than 22,000 partners. We provide innovative financial services to individuals, families, and institutions guided by service, expertise, and integrity.
Role Associate Consultant, Business Unit Control
Major Duties
Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements for new Wealth Management account openings and collaborates with front office teams to facilitate queries.
Provides support and functional knowledge related to compliance with applicable AML laws, rules and standards.
Identifies and escalates regulatory compliance risks to Global AML management based on completed file reviews.
Carries out business-related activities to support Global AML Compliance guidelines.
Provides support as requested by Global AML Management to resolve compliance issues, including actions in response to regulatory exam and audit findings.
Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments.
Summarizes and communicates testing results clearly and concisely.
Knowledge/Skills
Expanded conceptual knowledge in own job discipline and understanding of key business drivers to accomplish own work.
Ability to explain complex information in straightforward terms.
Knowledge of Financial Institution Regulatory and Compliance areas including AML, CIP, EDD, KYC, and Economic Sanctions, usually acquired through formal education or experience.
Strong analytical, interpersonal, verbal and written communication skills to analyze and summarize information.
Analytical skills to identify exceptions to policies and procedures.
Strong written communication skills to document work and summarize findings.
Organizational skills to coordinate compliance tasks.
General knowledge of business developed through education or past experience.
Ability to exchange straightforward information, ask questions, and verify understanding.
Hybrid We have a balanced hybrid working model. The successful candidate will work a traditional five-day work week, spending at least three days in the office per week, with non-office days from home.
Salary Range: $61,500 - $98,300 USD
Salary range is provided as a good faith estimate of base pay. Northern Trust offers a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental and caregiver leave, life and disability insurance, and a discretionary bonus program that may include an equity component.
Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in a financially strong and stable organization that supports new ideas. Movement within the organization is encouraged, senior leaders are accessible, and we strive to maintain an inclusive workplace with flexibility. Apply today to discuss your flexible working requirements and how they can be accommodated.
For further information, and to apply, please visit our website via the Apply button below.
#J-18808-Ljbffr
Role Associate Consultant, Business Unit Control
Major Duties
Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements for new Wealth Management account openings and collaborates with front office teams to facilitate queries.
Provides support and functional knowledge related to compliance with applicable AML laws, rules and standards.
Identifies and escalates regulatory compliance risks to Global AML management based on completed file reviews.
Carries out business-related activities to support Global AML Compliance guidelines.
Provides support as requested by Global AML Management to resolve compliance issues, including actions in response to regulatory exam and audit findings.
Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments.
Summarizes and communicates testing results clearly and concisely.
Knowledge/Skills
Expanded conceptual knowledge in own job discipline and understanding of key business drivers to accomplish own work.
Ability to explain complex information in straightforward terms.
Knowledge of Financial Institution Regulatory and Compliance areas including AML, CIP, EDD, KYC, and Economic Sanctions, usually acquired through formal education or experience.
Strong analytical, interpersonal, verbal and written communication skills to analyze and summarize information.
Analytical skills to identify exceptions to policies and procedures.
Strong written communication skills to document work and summarize findings.
Organizational skills to coordinate compliance tasks.
General knowledge of business developed through education or past experience.
Ability to exchange straightforward information, ask questions, and verify understanding.
Hybrid We have a balanced hybrid working model. The successful candidate will work a traditional five-day work week, spending at least three days in the office per week, with non-office days from home.
Salary Range: $61,500 - $98,300 USD
Salary range is provided as a good faith estimate of base pay. Northern Trust offers a comprehensive benefits package including retirement benefits, health and welfare benefits, paid time off, parental and caregiver leave, life and disability insurance, and a discretionary bonus program that may include an equity component.
Working with Us As a Northern Trust partner, you will be part of a flexible and collaborative work culture in a financially strong and stable organization that supports new ideas. Movement within the organization is encouraged, senior leaders are accessible, and we strive to maintain an inclusive workplace with flexibility. Apply today to discuss your flexible working requirements and how they can be accommodated.
For further information, and to apply, please visit our website via the Apply button below.
#J-18808-Ljbffr