- Location
- Bangalore, India
- Seniority
- Entry
- Closing date
- Today
- Source
- Workday
Description
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.
DUTIES & RESPONSIBILITIES 1. Reviews escalated sanctions transactions or screening alerts to determine permissibility under applicable sanctions programs. 2. Performs ongoing AML compliance testing and monitoring activities in accordance with approved scripts and procedures. 3. Reviews customer, client, or account documentation to assess adherence to AML, and sanctions standards. 4. Drafts reports and summaries of testing or investigative results for stakeholders and management review. 5. Escalates identified compliance risks, exceptions, or potential issues to Global AML management or other appropriate partners. 6. Supports resolution of audit, regulatory exam, or remediation-related compliance issues when requested. 7. Provides consultative support to business partners on the practical application of AML and sanctions requirements. 8. Serves as an informal subject matter resource and may help train or guide junior team members. 9. Represents the function in meetings with first- and second-line stakeholders on assigned workstreams. 10. Delivers accurate, well-documented work products with minimal revision while operating with limited day-to-day supervision. 11. Performs all duties according to established policies, procedures and regulatory requirements. KNOWLEDGE/SKILLS • Working knowledge of AML, financial crimes, and sanctions practices, procedures, and systems. • Understanding of how individual work contributes to team and functional objectives. • Ability to apply established procedures and standard practices to solve routine problems. • Strong attention to detail and ability to deliver consistent, high-quality outputs. • Effective communication skills for collaborating with peers, supervisors, and stakeholders. • Developing business and industry awareness relevant to financial crimes operations. • Proficiency with Microsoft Office tools and other job-related systems used in the role. EDUCATION/EXPERIENCE Bachelor’s/University degree required. Typically 1+ years of relevant experience. Relevant internship or prior experience in a professional environment may be helpful.
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 [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
About Our Bangalore Office
The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees. In this stunning office space, we offer fantastic amenities which include our Arrival Hub - Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.