Associate Consultant, Compliance

Associate Consultant, Compliance - Role Overview

Responsible for ensuring the bank adheres to all sanctions, laws and regulations imposed by the United States Treasury Department's Office of Foreign Assets Control (OFAC) and other sanctions programs, including the Council of the European Union and the Office of Financial Sanctions Implementation in the UK.

The role requires strong analytical and problem solving skills and an ability to work effectively with minimal formal structure and in changing environments.

Key Responsibilities

• Review and assess escalated sanction wire transactions that alert from the sanction screening systems to determine if they are permissible under OFAC and/or any other applicable jurisdictional sanctions program.
• Conduct quality control of areas performing sanction screening, to assure compliance with applicable regulatory requirements and adherence to internal policies and procedures.
• Advise business partners on the sanctions compliance program and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area.
• Identify any compliance sanctions risks associated with the company's activities.
• Collaborate on projects with team members, exhibiting ongoing learning and basic project management skills.
• Consult with management regarding more complex or sensitive investigations.
• Operate independently; apply in depth knowledge of financial crimes; and carry out activities that are large in scope, cross functional and technically difficult.

Skills & Qualifications

• Exposure to AML, risk, compliance, sanctions or general banking operations.
• Collaborative approach to work with strong interpersonal skills.
• Strong written and verbal communication skills.
• Organizational skills required to coordinate compliance activities.

Reasonable Accommodation

Northern Trust is committed to working with and 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 .

APAC/INDIA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

Canada EEO STATEMENT

Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

EMEA EEO STATEMENT

It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources' decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

USA EEO STATEMENT

It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status.