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Northern Trust Company

Associate Consultant, Compliance FIU

Northern Trust Manila, Philippines
Posted 3 days ago Permanent Competitive

Associate Consultant, Compliance FIU

Northern Trust Manila, Philippines
About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world's most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Major Duties:
  • Supports the team manager in ensuring operational efficiency
  • Provides day-to-day support and guidance to more junior team members, support the Manager with respect to workflow distribution and ensuring the effective the use of staff resources
  • Identify, document and disseminate new procedures and controls
  • Carry out complex activities with regulatory compliance impact
  • May have direct interaction with committees and/or Senior Management
  • Able to serve as a key subject matter expert and mentor to other more junior level employees
  • May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
  • Technically sound in area of AML Compliance expertise and has broader knowledge of other areas
  • Delivers a work product that requires less revision
  • Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements and works with front office teams to facilitate queries.
  • Provides support and functional knowledge as it relates to compliance with applicable AML laws, rules and standards.
  • Identifies and escalates to Global AML management any regulatory compliance risks associated with the file reviews completed.
  • Performs continuous monitoring of customers including investigating Adverse Media and Politically Exposed Person alerts
  • Participates in all applicable training.
  • Provide input to process changes which would result in greater operational efficiency
  • Direct liaison with both first line of defense (RMs) and auditors
Knowledge:
  • Excellent oral and written communication skills are required
  • Functional / Industry Knowledge is required
  • Analytical and problem solving skills are required
  • Be able to work as part of a team with minimal supervision
Experience:
  • 5-7 years of relevant work experience
  • College or University degree
Working with Us

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 committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com , or alternatively you can discuss your individual requirements with the recruiter you are working with.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 - driving meaningful impact and sustainable growth. Learn more.

Job ID  R163977
ABOUT COMPANY
Melbourne, Australia
24000 Employees Private Banking / Wealth Management
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the worl...
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