Senior Consultant, Financial Crime Compliance

The Role

The Key Responsibilities Of The Role Include:

• Lead the Financial Crime Compliance (FCC) risk assessment program, including anti-money laundering, countering the financing of terrorism, countering proliferation financing and economic sanctions
• Drive ongoing enhancements to the FCC risk assessments and associated standards, methodology and processes and ensure they align to applicable AML and economic sanctions laws, regulations and industry guidance
• Identify, document, and measure risk to assess the appropriateness of the company's FCC-related internal controls
• Work closely with stakeholders and assessors across the firm to deliver valuable and actionable risk assessment outputs, aligned to FCC priorities
• Establish written guidance on the appropriate implementation of FCC risk assessments and deliver training to assessors and other stakeholders
• Act as the primary contact point within the Company for FCC risk assessment inquiries from partners
• Identify trends and emerging risks in the Company's businesses and legal entities, and at the enterprise level, based on risk assessment results
• Guide management in developing or enhancing internal controls to minimize such risk
• Enhance management reporting on risk assessments and provide updates to governance bodies
• Interact with business partners, regulators, and internal and external auditors on regulatory topics
• Operate independently with in-depth AML and economic sanctions knowledge and serve as a subject matter expert on FCC risk assessments
• Manage projects, meet deadlines and balance competing priorities

Requirements

The Successful Candidate Will Benefit From Having:

• Knowledge of risk management and the Company's strategic goals
• In-depth knowledge of regulations and local laws acquired through formal education and work experience
• Communication and analytical skills to consult with partners and analyze information and apply regulations

Qualifications

• 10 or more years of experience in AML, Sanctions or Financial Crime Compliance
• 5 or more years of experience focused on financial crime risk assessments

Benefits

Salary Range $83,100 - 141,300 USD
Salary range is a good faith estimate of base pay.
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.