Under general supervision responsible for completing all aspects of investigation, documentation, and reporting processes with respect to potential financial crime incidents
Utilizes a transaction monitoring system to complete alerts to determine if further escalation is warranted a possible financial crime (fraud, money laundering, or terrorist financing) has occurred
Supports each alert investigation with appropriate analysis and documents investigation activities and conclusions
Completes alerts within prescribed timeframes according to Northern Trust’s timing standards
Interacts with partners or external parties in the course of alert investigations, as appropriate
Recognizes the highly sensitive nature of investigation activities and maintains confidentiality
Consults with management when necessary, regarding more complex or sensitive investigations
Able to conduct open-source research, including searches in external and internal databases to facilitate discussions and reach decisions
Ensures the timely screening, review, recordkeeping, and reporting of FinCEN’s 314(a) requests as prescribed by the regulation
Review and screen 314(a) reports generated on clients and transactions to determine if there is a match

Strong analytical skills are required
Excellent oral and written communication skills are required
Knowledge of rules and regulations related to the Bank Security Act (BSA), USA Patriot Act, Anti-Money Laundering (AML), and 314(a) regulation
Analytical and problem-solving skills are required
Technical skills / knowledge of Northern Trust transaction processing systems is preferred
A College or University degree and at least 1-4 years of relevant work experience is preferred.
Related Industry qualification (e.g., ACAMS, CFE) or studying towards, is preferred.

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

Financial Crimes Compliance Analyst

Key skills