Consultant, Global AML Framework

Northern Trust; Philippines; On-site; PHP 800,000 - 1,200,000; Full time

Job summary

Northern Trust in the Philippines is seeking a Compliance professional to advise on AML Compliance programs and communicate regulatory changes. The ideal candidate will have over 5 years of experience in risk management, ideally related to compliance.

Responsibilities include quality control of AML processes and managing compliance-related issues. Northern Trust promotes a flexible and collaborative work culture committed to inclusivity and community assistance.

Qualifications

• 5-7 or more years' experience in compliance or risk management.
• In-depth knowledge of applicable laws and regulations.
• Ability to analyze and summarize information effectively.

Responsibilities

• Advises on AML Compliance programs and applicable laws.
• Communicates regulatory changes and emerging risks.
• Designs and executes quality control reviews for AML processes.

Skills

Risk management

Analytical skills

Communication skills

Education

Formal education in compliance or risk management

Job description

Major Duties

• Advises business partners, including senior management, on AML Compliance programs and applicable laws, regulations, rules and standards.
• Proactively communicates developments, regulatory changes, and emerging risks that may impact business activities.
• Assists in development and execution of AML and Economic Sanctions risk assessment.
• Quality Control and Assurance Activities. Designs and executes quality control (QC) reviews to assess the effectiveness, accuracy, and completeness of AML processes, risk assessments, and issue remediation. Identifies control gaps, provides actionable feedback, and supports continuous process improvement.
• Manages Financial Crime Compliance related issues (e.g., regulatory findings, audit issues, internal testing results) through their lifecycle, including identification, root cause analysis, action plan development, tracking, and closure validation. Ensures timely and sustainable remediation in line with governance standards.
• Develop and implement reporting to oversight committees.
• Interacts with business partners, regulators, and internal and external auditors on regulatory topics.
• Operates independently; has in-depth knowledge of Compliance risk avoidance.
• Serves as a subject matter expert or other resource within a group for regulatory Compliance matters.
• May mentor junior level employees and review the work of others.

Knowledge

• Knowledge of risk management and the Company's strategic goals.
• In-depth knowledge of applicable laws and regulations, acquired through formal education and work experience, is required.
• Analytical and communication skills are necessary to consult with and communicate information to partners/clients; to analyze and summarize information; and to apply laws and regulations to the Company's business.

Experience

• 5-7 or more years' experience, preferably in Compliance or risk management; or equivalent related experience.

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.

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.