Overview
Join to apply for the Global Head of AML/KYC Periodic Reviews role at Northern Trust .
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution with a long history of operation since 1889. The organization provides innovative financial services and guidance to a wide range of clients, supported by strong principles of service, expertise, and integrity.
The Head of AML/KYC Periodic Reviews – First Line of Defence will lead the management, production, and oversight of Periodic Reviews (PRs) for the enterprise-wide 1LOD AML/KYC function. This role reports to the Global Head of AML/KYC – First Line of Defence within the COO’s office and stands up the Periodic Review Team within the Center of Expertise to centralize 1LOD periodic reviews with a consistent operating model.
Key Responsibilities
- Lead AML/KYC periodic reviews across the firm to ensure timely and accurate completion of Periodic Reviews for existing clients and accounts, in compliance with Northern Trust’s AML/KYC policies, standards, and regulatory requirements.
- Provide CIP, CDD, and EDD periodic review services to global Business Units, including management oversight of data collection/analysis and publicly available information for new and existing client accounts.
- Strengthen the firm’s AML/KYC risk posture by owning tasks and risks, applying disciplined risk management, and delivering on regulatory requirements through a robust periodic review quality assurance process.
- Identify and implement opportunities to streamline and improve efficiency, scaling AML/KYC periodic review processes; develop and use automation where available.
- Recruit, manage, develop, and coach a team of AML/KYC Periodic Review Analysts and leaders to achieve team, Business Unit, and firm goals.
- Ensure effective communication of Money Laundering risks, including escalation, and maintain relationships with 2LOD leadership and Relationship Management & Business Unit representatives to align periodic review schedules with client and relationship manager activities.
- Co-operate with Business Units, Internal Audit, and regulatory bodies on periodic review matters and ad hoc reviews; stay current on regulatory developments via industry forums.
- Collaborate with the Head of Program Management and Head of AML/KYC Governance 1LOD Managers to provide commentary on global status reporting of Periodic Reviews.
- Work with the Global Head of AML/KYC – First Line of Defence to drive the Center of Excellence business plan and budgets in line with Enterprise Goals.
Qualifications
- A college or university degree and/or relevant proven work experience.
- Prior experience in financial services; familiarity with regulatory and statutory requirements for a G-SIB is preferred.
- Advanced knowledge of AML/KYC/financial crimes regulations and processes.
- Transformation mindset with experience consolidating disparate teams into a single Center of Expertise and maturing the operating model to best-in-class standards.
- Highly collaborative with leadership qualities to influence across all levels of the organization, including clients and regulators.
- Proven ability to lead a multi-jurisdictional team to achieve organizational goals and embed resiliency across the end-to-end AML/KYC process.
- Experience designing, building, and implementing end-to-end workflows leveraging technology, process improvements, and best practices.
- Demonstrated change leadership to drive efficiency while maintaining and improving risk posture.
Working With Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture in a financially strong and stable organization dedicated to serving communities. Movement within the organization is encouraged, senior leaders are accessible, and the company emphasizes an inclusive workplace and flexible working arrangements.
We invite you to learn how your interests and experience could fit with one of the world’s most admired and sustainable companies. Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation during any part of the employment process, please email the HR Service Center at
We value an inclusive workplace and understand flexibility means different things to different people. Please discuss your flexible working requirements when applying.
Seniority level
Employment type
Job function
#J-18808-Ljbffr
Full job description from WhatJobs. Apply for this role →