Associate Consultant, Financial Crime Compliance

ntrs; Manila; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

Northern Trust in Manila is seeking detail-oriented professionals to join our Financial Crime Investigations & AML Monitoring teams. You will conduct Level 1 investigations of alerts, analyze customer activity, and document findings in line with regulatory standards.

Collaborate with relationship managers and MLROs, review client files for AML/KYC compliance, perform ongoing monitoring, sanctions screening, and contribute to risk reporting and governance materials.

Responsibilities

• Conduct complex Level 1 investigations of alerts generated through transaction monitoring systems.
• Analyze customer activity, transactional behavior, and supporting information to identify potentially suspicious activity involving money laundering, fraud, terrorist financing, sanctions violations, or other financial crimes.
• Document investigation findings, conclusions, and supporting rationale in accordance with internal standards and regulatory requirements.
• Escalate matters requiring enhanced investigation or regulatory review to appropriate compliance partners.
• Perform ad hoc and event-driven investigations as required.
• Review client files for compliance with AML, KYC, CIP, EDD, sanctions, and related regulatory requirements.
• Conduct periodic reviews, ongoing customer monitoring, adverse media reviews, and Politically Exposed Person (PEP) investigations.
• Partner with relationship managers, client-facing teams, MLROs, auditors, and other stakeholders to resolve compliance-related matters.
• Identify and elevate regulatory compliance risks associated with customer reviews and monitoring activities.
• Review and assess sanctions alerts generated through transaction, client, and securities screening systems.
• Determine permissibility of transactions and relationships under OFAC and other applicable sanctions regulations.
• Provide guidance to business partners regarding sanctions requirements and regulatory developments.
• Perform quality assurance reviews related to sanctions screening activities.
• Escalate potential sanctions exposure and compliance risks to management.
• Review and assess ethics and conflict of interest (OCOI) requests and alerts.
• Conduct investigations involving employee conduct, financial crime concerns, and regulatory compliance matters.
• Prepare management reporting, risk dashboards, and governance materials for committees and senior leadership.
• Analyze risk trends and identify opportunities for strengthening controls and program effectiveness.
• Support regulatory examinations, audits, issue remediation, and control validation activities.
• Assist with workflow coordination, quality reviews, and monitoring service delivery.
• Conduct quality reviews and provide constructive feedback to improve team performance.

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.

Financial Crime Investigations & AML Monitoring

• Conduct complex Level 1 investigations of alerts generated through transaction monitoring systems.
• Analyze customer activity, transactional behavior, and supporting information to identify potentially suspicious activity involving money laundering, fraud, terrorist financing, sanctions violations, or other financial crimes.
• Document investigation findings, conclusions, and supporting rationale in accordance with internal standards and regulatory requirements.
• Escalate matters requiring enhanced investigation or regulatory review to appropriate compliance partners.
• Perform ad hoc and event-driven investigations as required.

Customer Due Diligence & Ongoing Monitoring

• Review client files for compliance with AML, KYC, CIP, EDD, sanctions, and related regulatory requirements.
• Conduct periodic reviews, ongoing customer monitoring, adverse media reviews, and Politically Exposed Person (PEP) investigations.
• Partner with relationship managers, client-facing teams, MLROs, auditors, and other stakeholders to resolve compliance-related matters.
• Identify and elevate regulatory compliance risks associated with customer reviews and monitoring activities.

Sanctions Compliance

• Review and assess sanctions alerts generated through transaction, client, and securities screening systems.
• Determine permissibility of transactions and relationships under OFAC and other applicable sanctions regulations.
• Provide guidance to business partners regarding sanctions requirements and regulatory developments.
• Perform quality assurance reviews related to sanctions screening activities.
• Escalate potential sanctions exposure and compliance risks to management.

Compliance Risk, Ethics & Governance

• Review and assess ethics and conflict of interest (OCOI) requests and alerts.
• Conduct investigations involving employee conduct, financial crime concerns, and regulatory compliance matters.
• Prepare management reporting, risk dashboards, and governance materials for committees and senior leadership.
• Analyze risk trends and identify opportunities for strengthening controls and program effectiveness.
• Support regulatory examinations, audits, issue remediation, and control validation activities.

Working with the team

• Assist with workflow coordination, quality reviews, and monitoring service delivery
• Conduct quality reviews and provide constructive feedback to improve team performance.

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. Learn more.