Northern Trust India | Associate Consultant

Duties & responsibilities

• As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability.
• Reviews escalated sanctions transactions or screening alerts to determine permissibility under applicable sanctions programs.
• Performs ongoing AML compliance testing and monitoring activities in accordance with approved scripts and procedures.
• Reviews customer, client, or account documentation to assess adherence to AML, and sanctions standards.
• Drafts reports and summaries of testing or investigative results for stakeholders and management review.
• Supports resolution of audit, regulatory exam, or remediation-related compliance issues when requested.
• Provides consultative support to business partners on the practical application of AML and sanctions requirements.
• Serves as an informal subject matter resource and may help train or guide junior team members.
• Delivers accurate, well-documented work products with minimal revision while operating with limited day-to-day supervision.
• Performs all duties according to established policies, procedures and regulatory requirements.
• Developing business and industry awareness relevant to financial crimes operations.
• Escalates identified compliance risks, exceptions, or potential issues to Global AML management or other appropriate partners.

Education/experience

• Working knowledge of AML, financial crimes, and sanctions practices, procedures, and systems.
• Understanding of how individual work contributes to team and functional objectives.
• Ability to apply established procedures and standard practices to solve routine problems.
• Strong attention to detail and ability to deliver consistent, high-quality outputs.
• Effective communication skills for collaborating with peers, supervisors, and stakeholders.
• Proficiency with Microsoft Office tools and other job-related systems used in the role.
• Typically 1+ years of relevant experience.
• Relevant internship or prior experience in a professional environment may be helpful.

Northern Trust

Northern Trust Corporation is a US financial services company founded in Chicago in 1889 and still headquartered there; its shares trade on Nasdaq under the symbol NTRS. It works for institutional investors, corporations and wealthy families and individuals, and its business spans asset servicing (custody, fund administration and fund accounting for pension funds, asset managers, insurers and other institutions), wealth management, asset management through Northern Trust Asset Management, and banking. The company calls its employees "partners".

In India, Northern Trust works from Bengaluru and from Pune, where its office in Kharadi opened in 2016. These teams support the global business in asset servicing and wealth management operations: fund accounting and NAV calculation for mutual, hedge and private equity funds, transfer agency, trade settlements, reconciliations, anti-money-laundering checks and client reporting, alongside risk, finance and technology roles. Work of this kind suits B.Com, M.Com, MBA (Finance), CA, CFA and ACCA profiles.

• Industry: Financial services — asset servicing, wealth management, asset management and banking
• Headquarters: Chicago, Illinois, USA
• In India: Offices in Pune and Bengaluru