Auditor - AML and Financial Crimes

126 Northern Operating Srvs Asia; Manila; On-site; PHP 600,000 - 900,000; Full time

Job summary

Northern Trust in Manila is seeking an Auditor to conduct and document routine audit examinations across the organization. The role reports to an Audit Team Lead or Audit Manager and focuses on AML/Financial Crimes controls.

The auditor provides input to improve controls and efficiency, while maintaining adherence to budget and timelines. Responsibilities include leading audits, evaluating KYC/CDD/EDD, transaction monitoring, and presenting concise findings.

Qualifications

• Minimum 2 years of auditing experience.
• Familiarity with internal control frameworks.
• Knowledge of AML/financial crimes controls a plus.

Responsibilities

• Plan, execute, and report on audits of the AML/Financial Crimes program.
• Evaluate design and operating effectiveness of AML controls (KYC, CDD/EDD, transaction monitoring, sanctions).
• Communicate findings and recommendations to partners at all levels.
• Assist in developing and maintaining audit documentation and methodologies.

Skills

Auditing

Regulatory compliance

Analytical skills

Communication skills

Education

Bachelor's degree in Accounting or Finance

Professional certifications (CPA, CIA, CISA)

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.

Role Summary

The Auditor is responsible for conducting and documenting routine audit examinations throughout Northern Trust Corporation. The role is a direct reportto an Audit Team Lead or Audit Manager, and is responsible for completing the audit in accordance with stated budget, timeframes, and DepartmentPolicies and Standards. The Auditor provides input to improve operational efficiency and/or to enhance the design or operating effectiveness of the internalcontrol environment. The role also provides technical and auditing expertise, training, and coaching, to auditors during the audit engagement.

Major Duties

Functions in various roles on audit engagements, including leading audits, staffing audits and providing consulting or oversight functions based on the needs of the team Responsible for staying current on regulatory rules and changes within the industry Manages and performs special projects as assigned Participates in meetings with business unit to discuss audit results Communicates with partners at all levels, developing and presenting recommendations on operations and controls for the business unit Utilizes understanding of various Corporate units to ensure operations, services, and systems have proper audit controls in place (i.e., design of the control environment) Evaluates corporate management, business processes, business controls and operating practices during audits and consulting/monitoring engagements Applies analytical skills to review information and determine potential control weaknesses Develops a thorough understanding of the Northern Trust Audit Methodology and adheres to all applicable Department Standards Completes and compiles a high-quality summary of findings and recommendations for review in a concise and professional manner

Key Responsibilities

Plan, execute, and report on audits of the Northern Trust AML/Financial Crimes program in accordance with the annual audit plan. Evaluate the design and operating effectiveness of AML related controls including: KYC – CDD/EDD Transaction Monitoring AML Risk Assessment Training and governance Sanctions and PEP screening

Knowledge

Knowledge of auditing in the financial services industry and basic accounting principles and related work experience Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, etc.) are preferred Analytical and organizational skills are necessary to conduct audits Strong report writing and workpaper documentation skills

Experience

A College or University degree and 2+ years auditing and/or systems experience in a financial institution or similar public accounting experience in the financial services industry is preferred.

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. Looking for greater? You found it. 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.