Consultant, Financial Crimes

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.

About the role

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. This role requires maintaining strict confidentiality due to the sensitive nature of the work.

Working Model: Hybrid. The successful candidate will spend their time between working in the office and working from home.

Responsibilities

• Serve as the escalation point for transaction alerts indicating suspected fraud
• Monitor and analyze high-risk payments activity
• Leverage fraud detection platforms to identify patterns, anomalies, and risk signals to prevent incidence of fraud
• Conduct in-depth investigations resulting from fraud alerts and reports
• Partner with payment operations, account managers, and relationship managers to ensure effective client communication regarding fraudulent incidents
• Provide guidance and mentorship to junior investigators to ensure consistency and accuracy in investigative processes

Requirements

• Seasoned expert with a strong background in financial crimes investigations
• Strong communication skills, together with influencing and relationship-building skills, and ability to collaborate across lines of businesses
• 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
• Work collaboratively with business partners
• 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

Benefits

• 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
• Other voluntary and well-being benefits
• Discretionary bonus program that may include an equity component

Pay

Salary range: $70,490 - 119,890 USD (good faith estimate of base pay).

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.