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.

Role Summary:

Has day-to-day management responsibilities for a small team of analysts responsible for the initial (level one) alert investigations generated from Northern Trust's automated transaction monitoring system. This role is part of the Global AML (Anti-Money Laundering) Compliance function. Responsible for the assignment of work to the team. Conducts performance management and career development processes for a small team. Job focus is on managing others and applying operational or strategic management skills. Management responsibilities and decisions likely include hiring, performance reviews, pay decisions and development. Achieves goals mostly through work of others. Working supervisor of a technical support team; spends a portion of time performing the work supervised. Analyses information to solve on-going problems and implements procedures and approaches to complete work . Responsible for results of the team. Provides direction to team using extensive knowledge of established precedents and practices.

Major Duties:

• Manages the day-to-day deliverables for a small team while also maintaining the subject matter expertise necessary for AML investigations
• Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
• Provides regular feedback and coaching to the team; completes performance management and career development process.
• Works on Quality Checks on completed investigation reports for team members

Interacts with internal partners in various time zones to support global transaction monitoring processes across North America, EMEA, and APAC; navigates through various jurisdictional regulatory requirements and multiple reporting lines.

• Consults with global partners regarding more complex or sensitive investigations; ensures alerts requiring further investigation are escalated appropriately and timely to global partners
• Acts as the Subject matter expert; has in-depth knowledge of AML and provides comprehensive, in-depth consulting and leadership to team and partners at a technical level
• May recommend appropriate procedural changes
• Responsible for direct interaction with different compliance/risk committees and/or management
• Creates and analyzes data analytics and various reports to stakeholders if the need arises
• Conducts performance management and career development processes, and staffing and disciplinary actions
• May interact with regulators and internal auditors as necessary
• Resolves problems, identifies the most appropriate solution and may establish new techniques to ensure the team is able to meet its objectives
• Has direct impact, on the quality of the tasks performed or services provided by the team

Knowledge:

• Requires strong leadership and organizational skills and people management experience
• Requires strong analytical and problem solving skills
• Requires excellent oral and written communication skills
• Requires in-depth functional / industry knowledge
• Technical skills / knowledge of Northern Trust transaction monitoring systems is preferred
• Understands how the assigned duties relate to others in the team and how the team integrates with others
• Requires tact and diplomacy to exchange ideas and information with own team and other teams in a concise and logical way

Experience:

• Provides day-to-day supervision to a team including coaching on performance, coordinating activities, checking on quality and work progress
• At least a Bachelor's/College Degree , Economics, Finance/Accountancy/Banking, Business Studies/Administration/Management or equivalent
• At least 6 years of related experience

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.