Associate Consultant, Compliance FIU

126 Northern Operating Srvs Asia; Manila; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

Northern Trust Manila office seeks an experienced AML Compliance professional to support operations, enforce regulatory standards, and mentor junior staff. The role requires 5–7 years of relevant experience and a college degree.

You will collaborate with RMs and front office teams to ensure compliant client activities and effective risk management. The role emphasizes a strong control mindset, operational efficiency, and participation in ongoing AML training and process enhancements within a

Qualifications

• Must have AML compliance expertise and broader knowledge of related areas.
• Experience reviewing client files for AML policy conformance across platforms.
• Ability to mentor junior staff and collaborate with front office teams.

Responsibilities

• Supports the team manager in ensuring operational efficiency.
• Provides day-to-day support and guidance to junior team members and distributes workflow.
• Identifies and disseminates new procedures and controls.
• Performs activities with regulatory compliance impact.
• Interacts with committees and senior management when needed.
• Serves as a subject matter expert and mentor to junior staff.
• Supervises daily operational activities without a formal management role.
• Reviews client files for conformance with AML policies and regulations; works with front office.
• Provides input to AML process improvements for efficiency.
• Escalates regulatory risk to Global AML management as needed.
• Performs continuous monitoring of customers, including Adverse Media and PEP alerts.

Skills

AML compliance

Regulatory awareness

Mentoring

Operational efficiency

Education

College or University degree

Job 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.

Major Duties

• Supports the team manager in ensuring operational efficiency
• Provides day-to-day support and guidance to more junior team members, support the Manager with respect to workflow distribution and ensuring the effective the use of staff resources
• Identify, document and disseminate new procedures and controls
• Carry out complex activities with regulatory compliance impact
• May have direct interaction with committees and/or Senior Management
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
• Technically sound in area of AML Compliance expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Reviews client files for conformance with applicable AML policies, procedures and regulatory requirements and works with front office teams to facilitate queries.
• Provides support and functional knowledge as it relates to compliance with applicable AML laws, rules and standards.
• Identifies and escalates to Global AML management any regulatory compliance risks associated with the file reviews completed.
• Performs continuous monitoring of customers including investigating Adverse Media and Politically Exposed Person alerts
• Participates in all applicable training.
• Provide input to process changes which would result in greater operational efficiency
• Direct liaison with both first line of defense (RMs) and auditors

Experience

5-7 years of relevant work experience College or University degree

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 [e-mail], 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.

Looking for greater?

A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies.

Terms and Conditions

Candidate Privacy Notice California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), [phone] (Asia Pacific), 1800-425-0333 (India), [phone] (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

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.

EEO Know Your Rights (U.S.)