Analyst, AML CDD at Northern Trust

Manila, Metro Manila, Philippines

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

Bachelor’s/College Degree in Economics, Finance/Accountancy/Banking, Business Studies/Administration/Management or equivalent
At least 2 years of related experience
Financial Institution Regulatory and Compliance knowledge including AML, Customer Identification Program (CIP), Enhanced Due Diligence (EDD), Know Your Customer (KYC) regulatory requirements, and Economic Sanctions laws and regulations
Strong analytical, interpersonal, verbal, and written communication skills
Organizational skills to coordinate compliance
Conceptual knowledge of theories, practices, and procedures within a job discipline
General knowledge of business developed through education or past experience
ACAMS certification desired but not required

Responsibilities

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
Performs continuous monitoring of customers including investigating Adverse Media and Politically Exposed Person alerts
Identifies and escalates to Global AML management any regulatory compliance risks associated with file reviews
Carries out business-related activities that may be required 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
Reviews assigned laws/regulations and related policies/procedures to understand test scripts for execution of testing
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
Assists with validation testing of issues identified to ensure actions have been adequately closed
Participates in additional projects or initiatives as directed by management

Skills

Key technologies and capabilities for this role

AMLCDDKYCRegulatory ComplianceAdverse MediaPEP ScreeningContinuous MonitoringCompliance TestingRisk AssessmentClient File Review

Questions & Answers

Common questions about this position

What skills are required for the Analyst, AML CDD role?

The role requires financial institution regulatory and compliance knowledge including AML, CIP, EDD, KYC, and Economic Sanctions, plus strong analytical, interpersonal, verbal, and written communication skills.

Is the salary specified for this position?

This information is not specified in the job description.

What is the work arrangement or location for this role?

This information is not specified in the job description.

What is the company culture like at Northern Trust?

Northern Trust emphasizes enduring principles of service, expertise, and integrity, providing innovative financial services with leading technology and exceptional service to sophisticated clients.

What makes a strong candidate for this AML CDD Analyst position?

Strong candidates will have knowledge of AML, CIP, EDD, KYC, and Economic Sanctions regulations, along with strong analytical skills and excellent interpersonal, verbal, and written communication abilities to review files, conduct testing, and summarize findings.