Financial Crimes Compliance Analyst

Northern Trust, a Fortune 500 company, is a globally recognized financial institution seeking a Financial Crimes Compliance Analyst to join their team. The role involves investigating potential financial crimes, documenting findings, and ensuring compliance with relevant regulations.

Responsibilities

• Utilizes a transaction monitoring system to complete alerts to determine if further escalation is warranted to determine if suspicious activity was identified and a possible financial crime (fraud, money laundering, or terrorist financing) has occurred that involves Northern Trust accounts and clients
• Supports each alert investigation with appropriate analysis and documents investigation activities and conclusions
• Completes alerts within prescribed timeframes according to Northern Trust’s timing standards
• Interacts with partners or external parties in the course of alert investigations, as appropriate
• Recognizes the highly sensitive nature of investigation activities and maintains confidentiality
• Consults with management when necessary, regarding more complex or sensitive investigations
• Able to conduct open-source research, including searches in external and internal databases to facilitate discussions and reach decisions
• Ensures the timely screening, review, recordkeeping, and reporting of FinCEN’s 314(a) requests as prescribed by the regulation
• Ensure that operational 314(a) processing is completed, analyze the output of the 314a screening process, and make decisions on appropriate actions to take
• Review and screen 314(a) reports generated on clients and transactions to determine if there is a match

Skills

• Strong analytical skills are required
• Excellent oral and written communication skills are required
• Knowledge of rules and regulations related to the Bank Security Act (BSA), USA Patriot Act, Anti-Money Laundering (AML), and 314(a) regulation
• Analytical and problem-solving skills are required
• Technical skills / knowledge of Northern Trust transaction processing systems is preferred
• A College or University degree and at least 1-4 years of relevant work experience is preferred
• Related Industry qualification (e.g., ACAMS, CFE) or studying towards, is preferred

Benefits

• Retirement benefits (401k and pension)
• Health and welfare benefits (medical, dental, vision, spending accounts and disability)
• Paid time off
• Parental and caregiver leave
• Life & accident insurance
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

Company Overview

Company H1B Sponsorship