AML Consultant , Compliance

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. The Role AML Compliance Ireland is part of the wider Northern Trust Financial Crime Compliance team and reports locally to the International Head of Financial Crime Compliance. The successful candidate will report directly to the Head of AML Compliance Ireland. This role involves supporting the Head of AML Compliance Ireland to execute the AML compliance programme of the Administrator and Depositaryentities in Ireland and report to key stakeholders on compliance with Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Economic Sanctions (Sanctions) regulatory requirements. The role will involve participation in EMEA and Global AML forums, initiatives and activities. The successful candidate will be responsible for investigation of suspicious activity, conducting AML compliance activities and providing day to day advice and support to the business and key stakeholders on AML/CFT/Sanctions matters. The Key responsibilities of the role include; Management of the AML Compliance mailbox, responding to requests for information and provision of advice and support on AML/CFT/Sanctions related matters; Represent AML Compliance at Due Diligence Reviews of the Administrator that are being conducted by clients and their MLROs; Daily review and closure of sanctions screening alerts of the investor base, including escalation to key stakeholders; Investigate Unusual Activity Reports raised by partners to the MLRO, acting as the key point of contact with Fund MLROs during investigations and submission of Suspicious Transactions Reports to the authorities as requested by the MLRO. Periodic reporting to Fund MLROs on suspicious activity; Perform annual reviews including obtaining approvals for Policies, Procedures and Service Descriptions (SDs) owned by the AML Compliance team; Prepare quarterly reports for Risk Committees and Boards, including review and challenge of MI provided to Compliance on AML activities performed by first line team; Complete the annual AML/CFT Business Risk Assessments of the AML/CFT/Sanctions risk for the Administrator and Depositary entities; Perform the role of second line of defence partners in the implementation of AML regulatory change in accordance with the Regulatory Change Framework; Conduct monitoring reviews of AML activities performed by first line teams, including reviews and approvals of high risk clients’ CDD at onboarding and periodic review. Skills / Experience The successful candidate will benefit from having: Proven experience in an AML role, or a non-AML role that evidences AML was a key component of the role; Knowledge of Irish and EU AML/CFT and Sanctions regulations is essential; Highly motivated individual who has a proven record of using initiative to resolve problems; Analytical ability to identify and understand problems as well as to provide effective solutions; Excellent written and oral communication skills; Attention to detail; Confidence and expertise to advise and challenge senior management and the business Ability to make decisions on their own and also to be a team player and effective; communicator to ensure that issues are appropriately resolved; Ability to deal effectively with multiple competing deadlines. 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. 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 sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at ✉ Sign in to view email. 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. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America 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 a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), 1800-425-0333 (India), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)