AML CIP/KYC Sr. Associate

Sr Associate Consultant, Business Unit Control 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. Responsibilities Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements for new WM account openings 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. Carries out business‑related activities that may be required to support Global AML Compliance guidelines. Provides support as requested by Global AML Management as necessary 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. Conducts and adequately documents testing to assess compliance with and adherence to regulations and policies/procedures. Applies analytical skills to review information and determine potential control weaknesses or exceptions to policies/processes. Summarizes and communicates testing results in clear, concise language. Qualifications Requires Financial Institution Regulatory and Compliance knowledge including AML, Customer Identification Program (CIP), Enhanced Due Diligence (EDD) and Know Your Customer (KYC) regulatory requirements and Economic Sanctions laws and regulations, usually acquired through formal education or experience. Requires strong analytical, interpersonal, verbal and written communication skills to analyze and summarize information. Requires analytical skills to identify exceptions to policies/procedures. Requires strong written communication skills to document work completed and summarize findings. Requires strong organizational skills. Salary and Benefits Salary Range: $67,500 - 111,500 USD. Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well‑being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component. Work Authorization Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment‑based visa). EEO STATEMENT (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 View phone number on click.appcast.io (North America), +630-276-5353 (Asia Pacific), View phone number on click.appcast.io (India), View phone number on click.appcast.io (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. EEO STATEMENT (Canada) 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. EEO STATEMENT (EMEA) 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. EEO STATEMENT (USA) 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. #J-18808-Ljbffr 001 The Northern Trust Company