About Northern Trust
Northern Trust is a Fortune 500 company, a globally recognized, award‑winning financial institution that has been in continuous operation since 1889. With more than 130 years of experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
The Role
AML Compliance Ireland is part of the Northern Trust Financial Crime Compliance team and reports to the International Head of Financial Crime Compliance. The successful candidate will report directly to the Head of AML Compliance Ireland and support the execution of the AML compliance programme for the Administrator and Depositary entities in Ireland, ensuring compliance with Anti‑Money Laundering (AML), Counter‑Terrorist Financing (CTF), and Economic Sanctions regulatory requirements. The role involves participation in EMEA and Global AML forums, initiatives, and activities.
Key Responsibilities
Management of the AML Compliance mailbox, responding to requests for information and providing advice and support on AML/CTF/Sanctions matters;
Represent AML Compliance at Due Diligence Reviews of the Administrator conducted by clients and their MLROs;
Daily review and closure of sanctions screening alerts of the investor base, including escalation to key stakeholders;
Investigate Unusual Activity Reports raised by partners to the MLRO, acting as the key point of contact with Fund MLROs during investigations and submission of Suspicious Transaction Reports to authorities as requested by the MLRO, and periodic reporting to Fund MLROs on suspicious activity;
Perform annual reviews including obtaining approvals for Policies, Procedures and Service Descriptions (SDs) owned by the AML Compliance team;
Prepare quarterly reports for Risk Committees and Boards, including review and challenge of MI provided to Compliance on AML activities performed by first line team;
Complete the annual AML/CTF Business Risk Assessments of the AML/CTF/Sanctions risk for the Administrator and Depositary entities;
Act as second line of defence partner in the implementation of AML regulatory change in accordance with the Regulatory Change Framework;
Conduct monitoring reviews of AML activities performed by first line teams, including reviews and approvals of high risk clients’ CDD at onboarding and periodic review.
Skills / Experience
Proven experience in an AML role, or a non‑AML role that evidences AML was a key component;
Knowledge of Irish and EU AML/CFT and Sanctions regulations is essential;
Highly motivated individual with a proven record of using initiative to resolve problems;
Analytical ability to identify and understand problems and provide effective solutions;
Excellent written and oral communication skills;
Attention to detail;
Confidence and expertise to advise and challenge senior management and the business;
Ability to make decisions autonomously and also collaborate as an effective team player and communicator to ensure issues are appropriately resolved;
Ability to deal effectively with multiple competing deadlines.
Reasonable Accommodation
Northern Trust is committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com.
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