Financial Crime Specialist - London, United Kingdom - Northern Trust Corp.

Northern Trust Corp.

Verified Company

London, United Kingdom

3 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.

With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role/Department

The Financial Crime Specialist will support key pillars of the Program, responsible for financial crime risk across the compliance lifecycle with a particular focus on risk assessment, policy, monitoring, incident and issue management, metrics and governance for Level 3 risks aligned to financial crime risk.

Principal Responsibilities

The key responsibilities of the role include:

Responsible for supporting the definition and execution of financial crime risk within the First and Second Lines of Defense (1LOD and 2LOD) across the compliance lifecycle (risk assessment, policy, monitoring, incident and issue management, metrics and governance for Level 3 risks aligned to financial crime risk).
Collaborating with other Program Leads within the Compliance Program, stakeholders across all lines of defense, multiple business units and senior management who manage financial crime risk. This will require significant co-ordination within the existing Financial Crime Compliance teams and in particular the Global Head of AML, Conduct & Tax and the International Head of Financial Crime.
Lead Working Group meetings to support transformation and maintains efficient and appropriate governance to enable successful outcomes.
Manage the pillars and deliverables for financial crime risk with a forward-looking mindset, i.e., proactively anticipate any potential issues, prevent them and/or define pragmatic contingency plans.
Support activities, and the Pillar Leads, to enable successful delivery against agreed deadlines.
Proactively manage dependencies, 'reusable assets' (components of the solution that have been already built elsewhere), roadblocks and learning points (i.e., milestones defined to resolve any uncertainty that the team might be dealing with).
Timely escalate and relentlessly pursue resolution of any roadblocks with a clear, end-to-end ownership mindset.
Ability to communicate effectively with developers, data architects and infrastructure resources to ensure there is a clear and concise understanding of requirements and acceptance criteria to ensure the frameworks and operating model are technology enabled as it relates to financial crime risk.
Help shape best practices, standards and toolkit and strengthen our capabilities around financial crime risk.

Skills / Experience- Deep understanding of financial crime regulatory, compliance and risk related matters.- Demonstrated experience in transformation or remediation strategy and execution linked to technology enablement.- Knowledge of the financial services industry, especially asset servicing, wealth management and banking, and the financial crime environment in which they operate including regulatory themes emerging within industry.- Great skills across communication, facilitation, interpersonal, conflict resolution, team building, coaching members on practices, framework, ability to teach/train etc.- Ability to establish trust-based relationships with stakeholders across enterprise, lead them towards common objectives and managing upwards and downwards (e.g., experience with acting as a constructive conduit between business and non-business teams).- Strong problem-solving skills, organizational skills and time management skills.- Demonstrated ability to manage third parties such as consultants and support the tracking of financial expenses and performance against budget.

Working with Us:
As a Northern Trust partner, greater achievements await.

You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve Join a workplace with a greater purpose.

Reasonable accommodation

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.