Consultant, AML (Anti Money Laundering) at Northern Trust

St Peter Port, Guernsey

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Functional / Industry knowledge, with substantial experience in relevant field with similar institutions
Proficiency with the use of workflow tools and managing large volumes of data, utilizing analytical mindset and organizational skills
Excellent verbal and written communication skills, including strong report writing and workpaper documentation skills with detailed accuracy and attention to detail
Analytical and problem solving skills, with the ability to work to tight deadlines, take responsibility for completion of assigned work, and prioritize as necessary
Ability to work independently

Responsibilities

Manage the day-to-day AML Operations for respective client/s
Serve as a key subject matter expert in client and investor engagement, liaise with offshore partners, and mentor other more junior level employees
Stay current on regulatory rules and changes within the industry, maintain up-to-date knowledge of AML regulation and best practice, and promote enhancements to Northern Trust’s AML processes and procedures
Manage and perform special projects as assigned
Participate in meetings with teams, clients, and other stakeholders on detailed status updates
Work with colleagues and line management to review investor documentation, source outstanding investor due diligence documentation with professionalism and timely escalation of material issues, apply analytical skills to review Investor AML information, determine potential areas of deficiency, and perform effective and thorough risk assessments of investor profiles
Actively participate in AML operations quality control review of investor documentation for investors in adherence with Northern Trust’s AML policy and procedures, complete and compile a high-quality summary of findings and recommendations for review in a concise and professional manner
Respond to internal and external inquiries related to Anti Money Laundering requirements for investors with efficiency and professionalism, with support from line management where required
Escalate and assist with the resolution of more complex problems and critical issues
Work with management to ensure that the Investor AML Operations team meets the required audit, risk, and compliance standards in accordance with changes in legislation and guidance

Skills

Key technologies and capabilities for this role

AMLAnti-Money LaunderingRegulatory ComplianceClient EngagementInvestor OperationsMentoringProject ManagementAML ProcessesOffshore Operations

Questions & Answers

Common questions about this position

What is the employment type for this Consultant, AML position?

The position is full-time employment.

Is this AML Consultant role remote or office-based?

This information is not specified in the job description.

What key skills are required for the AML Consultant role?

The role requires AML regulatory knowledge, analytical skills for risk assessments, relationship-building with stakeholders, and the ability to mentor junior employees.

What is the team structure for this AML role at Northern Trust?

The role is part of the Investor AML Operations team supporting Guernsey clients, involving collaboration with colleagues, line management, internal departments, offshore partners, and stakeholders.

What makes a strong candidate for the AML Consultant position?

Strong candidates will have AML expertise, regulatory knowledge, analytical skills for due diligence and risk assessments, and experience building relationships while mentoring juniors.