Consultant, Financial Crimes

001 The Northern Trust Company; Tempe (AZ); Hybrid; USD 70,000 - 120,000; Full time

Job summary

Northern Trust seeks a Fraud Consultant in Payments Fraud Investigations to lead investigations of potentially fraudulent transactions and coordinate with payments operations, relationship managers, and the Global Fraud Investigations team.

You will analyze data, monitor high-risk activity, provide findings, and mentor junior investigators while maintaining strict confidentiality.

Qualifications

• Seasoned expert with strong background in financial crimes investigations.
• Strong communication skills and ability to collaborate across lines of business.
• Must maintain strict confidentiality and have attention to detail.

Responsibilities

• Serving as the escalation point for transactions alerts indicating suspected fraud.
• Monitoring and analyzing high-risk payments activity.
• Leveraging fraud detection platform to identify patterns and risk signals.
• Conducting in-depth investigations resulting from fraud alerts and reports.
• Partnering with payment operations, account managers and relationship managers for client communication.
• Providing guidance and mentorship to junior investigators to ensure consistency.

Skills

fraud investigations

data analysis

confidentiality

Education

Bachelor's degree or equivalent

Tools

Fraud detection software

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.

Working Model: Hybrid

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Fraud Consultant, Payments Fraud Investigations

The Fraud Consultant in Payments Fraud Investigations plays a pivotal role in identifying and analyzing transactions involving fraud. You will lead and conduct thorough investigations related to Northern Trust accounts, clients, operations, or employees, ensuring all activities are supported by detailed analysis and documented findings.

Your responsibilities will include collaborating with payment operations, relationship and account managers, and the Global Fraud Investigations team to ensure timely communication of identified fraudulent transactions and time sensitive submission of Unusual Activity Forms or Suspicious Activity Reports and maintaining strict confidentiality due to the sensitive nature of the work.

Schedule & Shift Availability

Partners are typically assigned to a standard shift; however, flexibility is required to support business needs. Team members may occasionally be asked to work extended hours, additional days, or adjusted schedules to meet operational priorities and service requirements. 7:00 AM-4:00 PM (AZ) 7:00 PM-4:00 AM (AZ) 12:30 AM-9:30 AM (AZ) *This team supports business operations aligned to Chicago/Central Time. Shift schedules are communicated in Arizona Time (AZ) and may be adjusted during daylight saving time transitions to maintain alignment with Central Time business hours. Candidates should be comfortable with these periodic schedule adjustments.

Key Responsibilities

• Serving as the escalation point for transactions alerts indicating suspected fraud
• Monitoring and analyzing high-risk payments activity
• Leveraging fraud detection platform to identify patterns, anomalies, and risk signals before to prevent incidence of fraud
• Conducting in-depth investigations resulting from fraud alerts and reports
• Partnering with payment operations, account managers and relationship managers to ensure effective client communication regarding fraudulent incidents
• Providing guidance and mentorship to junior investigators to ensure consistency and accuracy in investigative processes

Knowledge

• Seasoned expert with strong background in financial crimes investigations
• Strong communication skills, together with influencing and relationship-building skills and ability to collaborate across lines of businesses
• The ability to maintain confidentiality is essential
• Understanding and analyzing data sets to ensure appropriate conclusions
• Drive trends and provide new conclusions or perspectives on new findings
• Working collaboratively with business partners

Experience

• 24 months as Associate Consultant
• Solid experience within financial crimes investigations, generally 6+ years
• Proficiency in data analysis using fraud detection software is essential
• Working knowledge of laws and regulations related to financial crimes and fraud prevention strategies is necessary
• A university/college degree or equivalent and/or relevant proven work experience is required
• Excellent communication skills including written and oral communication skills
• Strong attention to detail

Salary Range

Salary Range: $70,490 - 119,890 USD Salary range is a good faith estimate of base pay.

Benefits

Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits.

Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

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.

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.

APAC/INDIA EEO STATEMENT

In accordance with the employment laws of the United States, Northern Trust provides equal employment opportunities for all employees and applicants who are current or prospective employees regardless of race, color, religion, sex, parity or any other discrimination.

Canada EEO STATEMENT

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, 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

EMEA EOO 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

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.